Where does Decathlon Capital Partners do business?
Decathlon Capital Partners is a direct lender based in Park City, UT. It was founded in 2010 and offers access to business loans in 50 states (and Washington, DC)..
Does Decathlon Capital Partners charge an origination fee?
Yes, Decathlon Capital Partners charges a loan origination fee.
What limitations does Decathlon Capital Partners set on the purpose of the loan?
Some lenders only provide business loans for certain purposes. Decathlon Capital 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 Decathlon Capital 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. Decathlon Capital Partners provides access to the following business loan types:
- Unsecured term loans
- Secured term loans
Does Decathlon Capital Partners charge a late fee?
No, Decathlon Capital Partners will not charge you a late fee. Yes, Decathlon Capital Partners charges borrowers with a late payment fee.
Does Decathlon Capital Partners charge prepayment fees?
Yes, Decathlon Capital 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.
How much can you borrow from Decathlon Capital Partners?
Loan amounts start at $500,000 and go up to $5,000,000.
What is the maximum loan term you can get with Decathlon Capital Partners?
Decathlon Capital Partners offers business loans with terms ranging from 24 to 60 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 Decathlon Capital Partners?
Decathlon Capital Partners doesn’t disclose its credit score minimum.
Decathlon Capital 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 Decathlon Capital 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.
To qualify, applicants may need to provide the following documentation:
- Proof of income
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
1389 Center Drive
Park City, UT 84098 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
- Business Formation Documents
- Proof of Income