Where does BSB Leasing do business?
BSB Leasing is a direct lender based in Littleton, CO. It was founded in 2000 and offers access to business loans in 50 states (and Washington, DC)..
Does BSB Leasing charge an origination fee?
Yes, BSB Leasing charges a loan origination fee.
What limitations does BSB Leasing set on the purpose of the loan?
Some lenders only provide business loans for certain purposes. BSB Leasing offers considers loan applications for the following reasons:
- Equipment purchase
- New location
- Product or service expansion
- Working capital
- Business debt refinance
What types of business loans does BSB Leasing offer?
Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. BSB Leasing provides access to the following business loan types:
- Secured term loans
- Merchant cash advances
Does BSB Leasing charge a late fee?
No, BSB Leasing will not charge you a late fee. Yes, BSB Leasing charges borrowers with a late payment fee.
Does BSB Leasing charge prepayment fees?
Yes, BSB Leasing 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.
How much can you borrow from BSB Leasing?
Loan amounts start at $5,000 and go up to $500,000.
What is the maximum loan term you can get with BSB Leasing?
BSB Leasing offers business loans with terms ranging from 1 to 12 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.
What do you need to qualify for a loan with BSB Leasing?
Applicants with a credit score of at least 300 can apply for a loan via BSB Leasing.
BSB Leasing does not require borrowers to have been in business for a minimum number of years. Active duty servicemembers and their covered dependents are eligible to apply for a loan via BSB Leasing. Its rates and terms fall within the limits of The Military Lending Act.
Only U.S. citizens and permanent residents can apply for a loan.
What is the estimated funding time for a business loan via BSB Leasing?
BSB Leasing can approve (or deny) a loan application within 48 hours and fund business loans within 2 business days of approval.
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7921 Southpark Plaza
Littleton, CO 80120 USA
- Visit Site
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
- Active Duty Military
- Military Dependent
- U.S. Citizen
- U.S. Permanent Resident
- Employed Full-Time
- Employed Part-Time