DIAMOND PREFERED
REVOLVING LINE OF CREDIT PROGRAM
INDUSTRY LEADING FEATURES
Max approvals up to $1,000,000 with a minimum initial draw of only $5,000
• Max amortizing term up to 36 months with low, fixed weekly payments
• Unlimited draws of $5,000 or more during the revolving period
• Unlimited partial principal paydowns of $5,000 or more during the revolving period
• A revolving period up to 1 year (52 weeks)
• Every payment made and partial principal paydown frees up line availability
• Finance charges accrue and are collected weekly
• Closing points are only charged on cash out
• Pay off or pay down with no penalties, maintenance or prepayment fees
Preferred
• Minimum Equifax credit score of 551
• Minimum 1 month time in business (same ownership)
• Minimum monthly sales of $17,000
• Loan amounts up to $500,000 for single entities
• Loan amounts up to $750,000 for multiple entities
• Fixed repayment terms from 12 to 36 Months
• We can pay off up to 2 competitors (short-term loans)
Expanded
• Minimum Equifax credit score of 601
• Minimum 2 years time in business (same ownership)
• Minimum monthly sales of $17,000
• Loan amounts up to $500,000 for single entities
• Loan amounts up to $750,000 for multiple entities
• Fixed repayment terms from 12 to 36 Months
• We can pay off up to 2 competitors (short-term loans)