SuperMoney
  Strategic Nationwide Funding Small Business Loans

Strategic Nationwide Funding Small Business Loans

in Business Loans from Strategic Nationwide Funding

Unaffiliated

Strategic Nationwide Funding Small Business Loans

Unaffiliated

in Business Loans from Strategic Nationwide Funding

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Strategic Nationwide Funding Small Business Loans to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Loan Amount $10,000 - $1,000,000
APR 29% - 60%
Loan Term (Months) 4 - 10 months

Strategic Nationwide Funding Small Business Loans Review

Strategic Nationwide Funding Small Business Loans is a business financing offering by Strategic Nationwide Funding, based in Friday Harbor, WA. Founded in 2010, Strategic Nationwide Funding offers access to business loans in 50 states (and Washington, DC).

Strategic Nationwide Funding Small Business Loans FAQ

What are Strategic Nationwide Funding Small Business Loans’s rates?

Strategic Nationwide Funding Small Business Loans offers a business financing product that ranges from 29% APR up to 60% APR.

Does Strategic Nationwide Funding Small Business Loans charge an origination fee?

Yes, Strategic Nationwide Funding Small Business Loans charges a loan origination fee.

What limitations does Strategic Nationwide Funding Small Business Loans set on the purpose of the loan?

Strategic Nationwide Funding Small Business Loans considers loan applications for business purposes, such as:

  • Business Debt Refinance
  • Equipment Purchase
  • Hiring
  • Inventory
  • Lease Improvement
  • New Location
  • Payroll
  • Product or Service Expansion
  • Technology Investment
  • Working capital

What types of business loans does Strategic Nationwide Funding Small Business Loans offer?

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

  • Merchant Cash Advances

Does Strategic Nationwide Funding Small Business Loans charge prepayment fees?

Yes, Strategic Nationwide Funding Small Business Loans 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 Strategic Nationwide Funding Small Business Loans?

Loan amounts start at $10,000 and go up to $1,000,000.

What is the maximum loan term you can get with Strategic Nationwide Funding Small Business Loans?

Strategic Nationwide Funding Small Business Loans offers business loans with terms ranging from 4 to 10 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 Strategic Nationwide Funding Small Business Loans?

Strategic Nationwide Funding Small Business Loans requires companies to be in business for at least 6 months. Businesses must have a minimum annual revenue of $10,000 to be considered.

Strategic Nationwide Funding Small Business Loans does not require or does not disclose a credit score minimum.

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. APRs for the Strategic Nationwide Funding Small Business Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Strategic Nationwide Funding Small Business Loans. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Proof of income
  • Proof of identity

What is the estimated funding time for a business loan via Strategic Nationwide Funding Small Business Loans?

Strategic Nationwide Funding Small Business Loans can approve (or deny) a loan application within 3 hours and fund business loans within 24 business days of approval.

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...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

  • Headquarters
  •   685 Spring Street
    #118
    Friday Harbor, WA 98250 USA
  •   Visit Site

Other Services by Strategic Nationwide Funding

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • 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
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Employment Statuses Considered Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Non-Military
  • Veterans
Minimum Months in Business 6
Minimum Revenue $10,000
Verification Documents Required
  • Proof of Income
  • Proof of Identity
Loan Amount $10,000 - $1,000,000
APR 29% - 60%
Loan Term 4 - 10 months

Be the first to rate

 

Would you recommend Strategic Nationwide Funding Small Business Loans to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Business Loans