Where does Credit Suppliers do business?
Credit Suppliers is a direct lender based in Scottsdale, AZ. It was founded in 2014 and offers access to business loans in 50 states (and Washington, DC).
What are Credit Suppliers’s rates?
Credit Suppliers offers business loans with fixed APRs starting from 18% .
Does Credit Suppliers charge an origination fee?
Yes, Credit Suppliers charges a loan origination fee of up to 1.5% of the loan amount.
What limitations does Credit Suppliers set on the purpose of the loan?
Credit Suppliers considers loan applications for business purposes, such as:
What types of business loans does Credit Suppliers offer?
Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Credit Suppliers provides access to the following business loan types:
- Lines of Credit
Does Credit Suppliers charge prepayment fees?
No, Credit Suppliers does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
What is the maximum loan term you can get with Credit Suppliers?
Credit Suppliers offers business loans with terms ranging from 1 to 3 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 Credit Suppliers?
Applicants with a credit score of at least 300 can apply for a loan via Credit Suppliers. Credit Suppliers does not require borrowers to have been in business for a minimum number of years.
Only U.S. citizens and permanent residents can apply for a loan Credit Suppliers only considers borrowers who are employed or self-employed. To qualify, applicants may need to provide the following documentation:
- Business Formation Documents
- Proof of Income
What is the estimated funding time for a business loan via Credit Suppliers?
Credit Suppliers can approve (or deny) a loan application within 24 hours and fund business loans within 1 business day of approval.
8283 N Hayden Rd
Scottsdale, AZ 85258 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
|No Prepayment Fee|
|Origination Fee||Up to 1.5%|
|Credit Score Range||
300 - 850
|Immigration Status Considered||
|Employment Statuses Considered||
|Verification Documents Required||
|Loan Amount||Up to $5M|
|Loan Term (Months)||1 - 3|
|APR||Starting at 18%|