Can you provide funding for clients who are not U.S. citizens?

No, clients must be permanent residents/U.S. citizens currently residing in the United States.

Do I need a down payment or need to pledge collateral?

No, most options we offer do not require a down payment or any collateral. If the funding is being used to purchase an asset, such as equipment or commercial real estate, that will allow you to qualify with lower credit scores.

Does my business need to be generating revenue before I can receive funding?

No, if you have good credit, 700+ credit scores, then we can most likely help with funding. Having good credit with verifiable income outside of your business will always help as well.

Will the review be a hard pull on credit?

NO HARD inquiries on any reviews, we can give you an offer without a hard inquiry.

Does my co-signer need to be a business partner?

No, can be a family member or friend who is willing to help.

Can I still get financing if I just quit my job?

Yes, if you have good credit or a co-signer we have options!

Do we charge any upfront fees or application fees?

No, Finance Factory does not charge any upfront fees. We only get paid if you successfully receive funding.

Are there any industry restrictions?

No, we work with all industries providing your credit score or partners/co-signers are 700 or better.

How quickly can I get funding?

We can provide credit decisions within 24 hours or less and funding can take place in as few as 3 days.

What are the interest rates?

We offer funding programs with rates as low as 0%. Your specific rates depend on the strength of your credit profile, funding amount, term, and other qualifying factors.

Personal Loans

Easy Small Business Funding

Home » Funding Programs » Personal Loans

What A Personal Loan Is

Personal loans are unsecured loans with fixed interest rates traditionally offered by banks, alternative lenders or credit unions with monthly payments and terms of 3, 5 or 7 years. They require no collateral or down payments and have no prepayment penalties.

What Personal Loans Can Be Used For:

Business Acquisition
Real Estate Investment
Credit Card Consolidation
Refinancing Existing Debt
Home Improvement Projects
Business Startup
Improve Credit
Major Purchases
Working Capital

Loan Amounts: $25,000 – $250,000
Time to Fund: 7 to 10 business days on average
Interest Rates: Starting At 5.99%
Loan Terms: 3 – 7 Years with no prepayment penalty

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Credit and Income Requirements

You’ll want to have a credit score between 680+ with an ideal score of 700+ and $35,000 or more in annual income.

Ideal Credit Score: 700 or better
Time In Business: N/A

How To Get Started

Finance Factory has access to the best options in the industry and expertise to obtain the capital you need for your business or investment.

What’s Needed to Apply?

Credit Report (We Can Conduct A Soft Pull)
Pay Stubs / W-2s
Personal Tax Return (If Self-Employed)
Award Letters (If Retired Or On Disability)

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Finance Factory Helps You Find Personal Loans For You

Interested in finding funding for your business? Finance Factory would love to help! If you or a spouse or partner has income and a credit score of 680+ , let’s chat! Get pre-qualified right now with our quick-step pre-qualification form! And don’t worry, this will not result in a hard credit inquiry of sensitive information. We just want to learn more about you and your business. Click below to get started!

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