Where does Commercial Finance Partners do business?
Commercial Finance Partners is a direct lender based in Boca Raton, FL. It was founded in 2014 and offers access to business loans in 50 states (and Washington, DC)..
Does Commercial Finance Partners charge an origination fee?
Yes, Commercial Finance Partners charges a loan origination fee.
What limitations does Commercial Finance Partners set on the purpose of the loan?
Some lenders only provide business loans for certain purposes. Commercial Finance Partners 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 Commercial Finance Partners offer?
Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Commercial Finance Partners provides access to the following business loan types:
- Unsecured term loans
- Secured term loans
- SBA loans
- Invoice financing
- Merchant cash advances
Does Commercial Finance Partners charge a late fee?
No, Commercial Finance Partners will not charge you a late fee. Yes, Commercial Finance Partners charges borrowers with a late payment fee.
Does Commercial Finance Partners charge prepayment fees?
Yes, Commercial Finance Partners 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.
What do you need to qualify for a loan with Commercial Finance Partners?
Commercial Finance Partners doesn’t disclose its credit score minimum.
Commercial Finance Partners 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 Commercial Finance Partners. 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.
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1200 N Federal Hwy
Boca Raton, FL 33432 USA
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- 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