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Legal zoom llc walk thought11/12/2022 ![]() Business bank statements for the past 3 months.Their lending program works with automated daily or weekly payments with fixed terms. The application loan through the platform takes 15 minutesĪs a direct lender, they offer loans to LLCs from $5,000 to $500,000 with high approval rates, which are a great choice when traditional lenders don’t fit you.Time in business will be of at least six months to one year.The minimum credit score depends on the lender and the type of loan (from 560 up to 680+).With wide choices of lenders, some may have different eligibility and terms, for instance, prepayment penalties, time of funding, amounts, credit score to apply, etc.Īs a lending platform, you’ll be able to apply for merchant cash advances (MCAs), business loans for new LLCs, SBA loans, business acquisition loans, lines of credit, equipment financing, commercial mortgages, invoice factoring, and more. That makes it an excellent option to compare business loans for LLC lenders, but also one to consider. Lendio is a business loan marketplace that allows you to connect to their lending partners. Business is operating in an eligible U.S.Whichever suits you best! Your choice in payment structures may determine whether or not b eligible for a credit line increase. They have two options of payment structures: Flex 6, a weekly payment where you pay for 26 weeks, and Flex 12, a monthly payment over 12 months. ![]() Their line of credit is from $6,000 and $250,000.
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