You won't believe it... Private Business "Term" Program Changes
OurPrivate Business Term Program has gotten so aggressive we've thrown our Express program out the window.
Monthly payments, no prepayment penalties and rates starting at 9.99% are still available, but now...
No Restricted Industries. That's right, none! As long as the business has a bank account, we can fund it. Send us your Pawn Shops, Marijuana Dispensaries, Adult Entertainment/Novelty, Attorneys, Mortgage Brokers, Auto-Sales, Trucking and much, much more...
No Business Type Restrictions. Sole Proprietor? No problem! Home-based business? Send it our way (must be a for profit business).
No Cap on NSFs, No Deposit Minimums and No Time-frame for Past Foreclosures, Judgments or Bankruptcies. Does your client have 20 NSFs, a recent BK and only 2 deposits last month? We'd love to take a look.
500 Minimum Credit Score and 2 Months Minimum Time in Business. It doesn't matter if your client's business is a few months old and he has poor credit, we can entertain his financing request.
Fixed Rate Terms out to 10 Years. We heard from you that 5 years just wasn't long enough for some of your clients, especially those used to longer term SBA loans. Now we have a solution.
To top it off, our process has gotten even simpler! We can now fund same day and close with much less documentation. See below for more details.
The above guidelines are for informational purposes only, are estimates subject to change or withdrawal at any time and do not constitute a commitment on behalf of SECC or its assigns to provide the financing being described. Please apply and/or contact your SECC representative for more details. Monthly payment and no prepayment penalty options, may not be available for all transactions.
South End Capital Corporation "SECC", founded in February of 2009, is a nationwide, non-conforming lender (CA Finance Lenders License # 603 L334) providing collateralized and uncollateralized loans to business owners and real estate investors directly, and in participation with third-party lenders.
SECC offers easy online applications, excellent service, prompt responses, generous compensation to approved partners, and custom tailored loans—we evaluate actual need, not just the application.