Apple Capital Group is a direct lender based in Arlington, TX. It was founded in 2007 and offers access to business loans in 50 states (and Washington, DC)..
Yes, Apple Capital Group charges a loan origination fee.
Some lenders only provide business loans for certain purposes. Apple Capital Group offers considers loan applications for the following reasons:
Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Apple Capital Group provides access to the following business loan types:
No, Apple Capital Group will not charge you a late fee. Yes, Apple Capital Group charges borrowers with a late payment fee.
Yes, Apple Capital Group charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.
Loan amounts start at $10,000 and go up to $25,000,000.
Apple Capital Group offers business loans with terms ranging from 6 to 72 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
Applicants with a credit score of at least 300 can apply for a loan via Apple Capital Group.
Apple Capital Group does not require borrowers to have been in business for a minimum number of years. Active duty servicemembers and their covered dependents cannot apply for a loan via Apple Capital Group. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.
To qualify, applicants may need to provide the following documentation:
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