| Minimum Months in Business | N/A |
| Loan Amount | $1,000 - $5,000,000 |
| Loan Term (Years) | N/A |
| Minimum Revenue | $0 |
Boefly Commercial Loans Review
Boefly Commercial Loans is offered by Boefly, a marketplace lending platform founded in 2010 and based in New York, NY. Boefly Commercial Loans is available in 50 states (and Washington, DC).
Boefly Commercial Loans FAQ
How much can you borrow via Boefly?
Boefly allows borrowers to apply for commercial mortgages with loan amounts of up to $5,000,000.
What range of rates does Boefly offer?
Boefly offers commercial mortgages with APRs starting at 0% and up to 150%.
Does Boefly charge a mortgage origination fee?
Yes, Boefly may charge a loan origination fee.
What limitations does Boefly set on the purpose of the loan?
Boefly 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
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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
| Credit Score Range | 300 - 850 |
| Immigration Status Considered |
|
| Military Status |
|
| Minimum Revenue | $0 |
| Verification Documents Required |
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