Got needs for bridge financing or micro business running for expansion? Business loan is just perfect for your startup investment. If you are looking for lowest interest rate option, a collateral loan would definitely be the best choice.
You may visit this page - http://www.loanph.com/ for more information on different non-collateral loans including small business loan or microfinancing choices.
Basic Documents Needed
As part of pre-qualification, the business had to be running for at least 1 year already and have complete documents as listed below.
Know Processing Procedures
Know Interest Rate and Charges
Always Prequalify Before Applying
Guaranteed 100% FREE Service
For such modified loan, it will basically take this credit offer from 5 - 10 working days depending upon the cooperation and availability of the borrower in times of a need by the lending company to communicate, ask questions regarding the loan application and for needs of providing additional documents should there be a case of insufficient document.
Interest rate for this type of loan is only 3% monthly add on with a diminishing principal loan from monthly payment amortization schedule which will be presented to the client upon loan approval. NO HIDDEN CHARGES! The latest lending law requires all charges from processing fee to interest rate to be transparent and presented to the loan borrower after the loan has been approved and before the availment of the cash loan proceeds.
Loan Payment Terms:
Loan payment will be from 3 - 12 months depending upon the nature of business and the desire of the loan borrower on how long to pay for the monthly amortization of the credit approved by the lender. Note that this is a non-collateral and non-secured loan which means that a shorter period of payment term is required. No extensions are currently offered to loan borrowers.
This is our own way of determining the monthly amortization payment you will need for your loan. Simple computation formula for your loan calculator would be as follows:
Principal Amount divided by the number of months to pay or loan term + loan interest rate.
If you want immediate assessment, please take time to fill up our online loan application form below. One of our marketing representatives will call you as soon as we get your inquiry concern. Put N/A for fields you feel you cannot provide information with in the boxes.