What is a Equity Based Business Loan?
Equity based advanced loan is an option for people that want to use the equity on their home to get a loan.
- Approval Speed: 24-48 hrs
- Factor rate: 1.09 -1.49
- Terms: 3-18 months
Factor rate means the person will pay back the loan multiply by the factor rate. Repayment: daily/weekly
Qualifications:
- Personal Credit Score above 500
- Own Equity on a Home.