A First Stop to Shop?November 12, 2019
Miami Kitchen Company is SizzlingNovember 14, 2019
A husband and wife trucking company were looking for a $30,000 business loan to grow their young company that was less than 2 years old.
They hit major disappointment when their bank told them they were too new to get a loan. They found some alternative lenders who could help but they were too expensive.
They turned to the internet to start her search again and found TibBlit.com.
Their favorite loan terms were
- SBA financing 6-yr term, with an adjustable 12.5% interest rate. Estimated monthly pymts of $595. This loan does req ancillary income
- Non traditional financing at a 1 yr term at 15% interest locked for the entire term. Est monthly pymts were $2,706. To qualify the Minimum Rev must be $120,000
- Another non-traditional lender for a 5 year term at 7.41% interest locked for the entire loan term. Est monthly payments are $600. Req min 1 yr in business
If you are looking for a fast, easy, and free way to shop for a business loan please give TibBlit.com a try!