TVT Capital Small Business Loans Review

TVT capital is a business financing offering by TVT Capital, based in Roslyn, NY. Founded in 2008, TVT Capital offers access to small business loans in 50 states (and Washington, DC).

What are TVT capital’s rates?

TVT capital offers a fixed APR business financing product that ranges from 7.99% APR up to 99% APR.

Does TVT capital charge an origination fee?

Yes, TVT capital charges a loan origination fee.

What limitations does TVT capital set on the purpose of the business loan?

TVT capital considers business loan applications for business purposes, such as:

• Business Debt Refinance
• Equipment Purchase
• Lease Improvement
• New Location
• Product or Service Expansion
• Working capital

What types of small business loans does TVT capital 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. TVT capital provides access to the following business loan types:

• Unsecured Term Business Loans
• Secured Term Business Loans
• Invoice Financing
• Merchant Cash Advances
• Commercial Real Estate Loans
• ACH Cash Flow Loans

Does TVT capital charge prepayment fees?

Yes, TVT capital 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 TVT capital?

Business loan amounts start at $5,000 and go up to $2,000,000.

What do you need to qualify for TVT Capital Small Business Loans?

TVT Capital Small Business Loans requires companies to be in business for at least 3 months. Businesses must have a minimum annual revenue of $20,000 to be considered.

When it comes to credit scores, TVT Capital doesn't have a set minimum or maximum. People with all types of credit scores can apply.

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 TVT Capital 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 TVT Capital 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 TVT capital?

TVT capital can approve (or deny) a business loan application within 24 hours and fund small business loans within 2 business days of approval.