Loan Amount$30,000 – $350,000
Interest Rates6.50% – 8.50%*
Repayment Term10 years
*Loans have a variable rate of Prime Rate plus 2.75% to 3.75%.
WHY TAKE OUT A SBA BUSINESS LOAN WITH MY EASY CAPITAL
It’s tough to beat the low cost rates and long repayment terms of a working capital SBA loan.However, the traditional process of applying directly at a bank can be quite cumbersome and often results in a ‘no’. My Easy Capital changes that. We make it easy for you to apply for a working capital SBA loan online and our marketplace helps get you to a ‘yes’ because My Easy Capital matches your business with the lender most likely to fund your loan. You can use the funds in a variety of ways:
How It Works
- STEP 01
Pre-Qualify Without Impacting Your Credit
Pre-qualify in as little as 5 minutes without impacting your credit score! Simply provide basic information online and we’ll automatically tell you if you pre-qualify for a working capital SBA loan from $30,000 to $350,000.
- STEP 02
Provide Financial Information
Tell us how you plan to use your funds and provide financial information about your business and its owners. Your My Easy Capital Loans Relationship Manager is here to assist you at any point in the process.
- STEP 03
Upload requested documents to complete your application. We’ll review your financials to confirm your business has the cash flow to afford the monthly loan payments. Funds can then be in your bank account in as fast as 7 days after your application is complete.
What It Costs
Low rates and a 10-year term means lower monthly payments so you can save and grow.
$350,000 10 years Loan With Monhtly Payment of $4,157
- 2+ years in business
- Business owners must be US. citizens or
legal permanent residents
- Business owners must have personal credit
scores above 650
- Cash flow to support loan payments
- Bankruptcies or foreclosures in the
last 3 years
- Prior default on government backed loans
- Outstanding tax liens
- Loan proceeds cannot be used for unpaid