
PowerUp Lending Group Small Business Loans
Not enough votes for recommendation
Explore a similar product
Try this top product in Business Loans.
Loan Amount | Starting at $20,000 |
APR | N/A |
Loan Term (Months) | N/A |
PowerUp Lending Group Small Business Loans Review
Power Up lending is a business financing offering by PowerUp Lending Group, based in Great Neck, NY. Founded in 2008, PowerUp Lending Group offers access to small business loans in 50 states (and Washington, DC).
Power Up lending FAQ
What are Power Up lending’s rates?
Power Up lending offers a business financing product but they do not disclose their rates.
Does Power Up lending charge an origination fee?
Yes, Power Up lending charges a loan origination fee.
What types of small business loans does Power Up lending 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. Power Up lending provides access to the following business loan types:
- Unsecured Term Business Loans
- Secured Term Business Loans
- Merchant Cash Advances
- ACH Cash Flow Loans
Does Power Up lending charge prepayment fees?
Yes, Power Up lending 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.How much can you borrow from Power Up lending?
Business loan amounts start at $20,000.
What do you need to qualify for PowerUp Lending Group Small Business Loans?
PowerUp Lending Group Small Business Loans requires companies to be in business for at least 6 months. Businesses must have a minimum annual revenue of $8,500 to be considered.
Applicants with a credit score of at least 500 and up to 850 may be eligible for PowerUp Lending Group Small Business Loans.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. Active duty service members and their covered dependents are eligible to apply for a loan via PowerUp Lending Group Small Business Loans. Their rates fall within the limits of The Military Lending Act.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by PowerUp Lending Group Small Business Loans.
To qualify, applicants may need to provide the following documentation:
- Proof of income
What is the estimated funding time for a business loan via Power Up lending?
Power Up lending can approve (or deny) a business loan application within 24 hours and fund small business loans within 1 business day of approval.
Contact
- Headquarters
-
111 Great Neck Road
Suite 216
Great Neck, NY 11021 USA - Visit Site
- Email Support
Other Services by PowerUp Lending Group
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- Washington, DC
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
Credit Score Range | 500 - 850 |
Employment Statuses Considered |
|
Immigration Status Considered |
|
Military Status |
|
Minimum Months in Business | 6 |
Minimum Revenue | $8,500 |
Verification Documents Required |
|
Be the first to rate
Would you recommend PowerUp Lending Group Small Business Loans to your friends?
- American Express Business Loans
- Apple Capital Group Small Business Loans
- Behalf
- CDC Small Business Finance Business Loans
- Century Bank of Massachusetts Term Loans
- Commercial Finance Partners Small Business Loans
- Credibly Small Business Loans
- LenCred Small Business Loans
- National Funding Business Loans
- One Park Financial
- PNC Small Business Loan
- Seek Business Capital