Frequently Asked Questions

Term loans and Lines of Credit are eligible for enrollment.

Loan amounts can be from $5,000 to $250,000

Yes, with additional eligibility requirements and conditions

Guarantees are available across the contiguous United States

Yes, churches and others with direct religious affiliation, sexual of prurient nature, drug or nicotine related sales (includes vaping), gambling, farming and non-profit organizations

Guaranty eligibility and pricing takes about an hour. Once the application is submitted, Guaranty Agreements are issued in 2-business days. Once the loan closes, guaranty activation takes 3-minutes.

Guarantees range between 50% and 90% of the loan amount. The percentage for each loan is determined at the time of application.

Each loan will have a GMF assigned to it at the time of application. The fee will range between 0.20% and 0.60% of the guaranteed portion of the loan. It is due on the 5th of each month.

No, all fees are due from the lender. The guaranty fee can be included in loan fees.

Yes, the interest rate charged to the borrower can be no more than prime + 6.50%, or 15.0%, whichever is higher.

Lenders determine the months of the loan term, with one requirement – the term must not suffocate the cash flow of the business.