Yes, if the loan is between $5,000 and $100,000 we will file a UCC on all assets of the business. If the loan is greater than $100,000 to $250,000 we will file a lien on the title.
No, the loan will be secured by either a lien on the assets being financed or a general lien on the company’s assets.
Yes, we will require the unlimited personal guarantee of 20% or more owners of the business.
Yes, for Term Loans greater than $100,000 to $250,000.
You can upload the required documents through our loan portal.
You will need to provide the following documents: Two years of the most recent Business tax returns. Two years of the most recent Personal tax returns for each owner/guarantor for all owners who own 20% or more of the company. Business Entity Documentation Corporation: Articles of Incorporation and Bylaws Limited Liability Company: Articles of Organization and Operating Agreement Partnership: Partnership Agreement Doing Business As (DBA): DBA[...]





