Overview

Where does Eagle Business Credit do business?

Eagle Business Credit is a direct lender based in Kennesaw, GA. It was founded in 2013 and offers access to business loans in 50 states (and Washington, DC)..

Does Eagle Business Credit charge an origination fee?

Yes, Eagle Business Credit charges a loan origination fee. 

What limitations does Eagle Business Credit set on the purpose of the loan?

Some lenders only provide business loans for certain purposes. Eagle Business Credit 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 Eagle Business Credit offer?

Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Eagle Business Credit provides access to the following business loan types:

• Invoice financing

Does Eagle Business Credit charge a late fee?

No, Eagle Business Credit will not charge you a late fee. Yes, Eagle Business Credit charges borrowers with a late payment fee.

Does Eagle Business Credit charge prepayment fees?

Yes, Eagle Business Credit 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 Eagle Business Credit?

Applicants with a credit score of at least 300 can apply for a loan via Eagle Business Credit.

Eagle Business Credit 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 Eagle Business Credit. 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.

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...