Wall Street Funding Small Business Loans

Wall Street Funding Small Business Loans Review

Wall Street funding is a business financing offering by Wall Street Funding, based in New York, NY. Founded in 2009, Wall Street Funding offers access to small business loans in 50 states (and Washington, DC).

Wall Street funding FAQ

What are Wall Street funding’s rates?

Wall Street funding offers a business financing product that ranges from 7.9% APR up to 45% APR.

Does Wall Street funding charge an origination fee?

Yes, Wall Street funding charges a loan origination fee.

What limitations does Wall Street funding set on the purpose of the business loan?

Wall Street funding considers business 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 small business loans does Wall Street funding 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. Wall Street funding provides access to the following business loan types:

• Unsecured Term Business Loans
• Secured Term Business Loans
• Merchant Cash Advances
• ACH Cash Flow Loans

Does Wall Street funding charge prepayment fees?

No, Wall Street funding does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the business loan off early.

How much can you borrow from Wall Street funding?

Business loan amounts start at $3,000 and go up to $1,000,000.

What is the maximum business loan term you can get with Wall Street funding?

Wall Street funding offers small business loans with terms ranging from 4 to 36 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 Wall Street Funding Small Business Loans?

Wall Street Funding Small Business Loans requires companies to be in business for at least 2 months. Businesses must have a minimum annual revenue of $10,000 to be considered.

When it comes to credit scores, Wall Street Funding 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 Wall Street 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 and permanent resident / green card holders are eligible to apply for the services offered by Wall Street Funding Small Business Loans.

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 Wall Street funding?

Wall Street funding can approve (or deny) a business loan application within 24 hours and fund small business loans within 3 business days of approval.