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).
What are Decathlon Capital Partners’s rates?
Decathlon Capital Partners offers business loans with fixed APRs starting from 10% to 60%.
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?
Decathlon Capital Partners considers loan applications for business purposes, such as:
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 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. Businesses must have a minimum annual revenue of $3,000,000.
Only U.S. citizens and permanent residents can apply for a loan. To qualify, applicants may need to provide the following documentation:
- Business Formation Documents
- Proof of Identity
- Proof of Income
What is the estimated funding time for a business loan via Decathlon Capital Partners?
Decathlon Capital Partners can provide a credit approval decision in less than an hour and fund the loan within 21 business days.
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
|Immigration Status Considered||
|Employment Statuses Considered||
|Verification Documents Required||
|Loan Amount||$500K - $5M|
|Loan Term (Months)||24 - 60|
|APR||10% - 60%|