Commercial Finance Partners Small Business Loans Review

Commercial Finance partners is a business financing offering by Commercial Finance Partners, based in Boca Raton, FL. Founded in 2014, Commercial Finance Partners offers access to small business loans in 50 states (and Washington, DC).

What are Commercial Finance partners’s rates?

Commercial Finance partners offers a fixed APR business financing product that ranges from 0% APR up to 99% APR.

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 business loan?

Commercial Finance partners considers business loan applications for business purposes, such as:

• Business Debt Refinance
• Equipment Purchase
• Hiring
• Inventory
• Lease Improvement
• New Location
• Payroll
• Product or Service Expansion
• Technology Investment
• Working capital

What types of small business loans does Commercial Finance partners offer?

Not all small business loans are made equal. The type of business loan you choose will determine the range of interest rates and terms you receive. Commercial Finance partners provides access to the following business loan types:

• Unsecured Term Business Loans
• Secured Term Business Loans
• SBA Loans
• Invoice Financing
• Merchant Cash Advances
• Commercial Real Estate Loans
• ACH Cash Flow Loans
• Bridge Loans

Does Commercial Finance partners charge prepayment fees?

Yes, Commercial Finance partners charges additional fees to borrowers who pay off their small business 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 business loan early.

What do you need to qualify for Commercial Finance Partners Small Business Loans?

Commercial Finance Partners Small Business Loans does not require borrowers to have been in business for a minimum number of years. Businesses don't have to meet a minimum annual revenue to be considered.

Commercial Finance Partners Small Business Loans does not require or does not disclose a credit score minimum.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Commercial Finance Partners Small Business Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Commercial Finance Partners Small Business Loans. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

• Proof of income
• Proof of identity