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South End Capital News
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Recent Funding

$3,000 Express Loan, SECC Gives New Business Jump Start

Private Business Express Loan 

When this borrower came to SECC he had been turned down by numerous lenders for myriad reasons: The loan request was too small, his credit scores were in the 500s, construction industry, home based business, business operating less than one year, number of NSFs, no filed business tax return and revenue of around $100,000. SECC saw a hard working individual striving to grow his business who deserved a small starter loan and a chance. We're optimistic the borrower will pay the loan back regularly and on time, and we'll be standing by ready to provide progressively larger loans to help the borrower turn his small business into a large one. 

Closing Highlights

General Contractor 

Illinois 

  • Funded < 1 week!
  • No out-of-pocket costs
  • 26% interest rate
  • No collateral required
  • Daily ACH payment 
View More Closings

Program Highlights

Private Business Program

Nationwide

  • Loans from $5K to $500K 
  • Low documentation
  • Most industries considered
  • National lending footprint
  • Up to 6% rebate paid
View Our Programs
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About SECC

Headquartered in Los Angeles with offices nationwide, SECC, as a direct lender, provides non-conforming real estate loans up to $5,000,000 nationwide; and, as a correspondent lender, provides SBA and private business loans. Additionally, SECC offers same-day term sheets, excellent service and prompt responses, is broker-friendly and pays rebates to approved partners. For additional information visit: www.southendcapital.comSECC is a direct lender licensed under California Finance Lenders License # 603 L334
Copyright © 2015 South End Capital a division of Stearns Bank, N.A., All rights reserved.


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