Monday, August 5, 2019
Eligibility for the lowest rates is very limited, available only to businesses with the strongest creditworthiness and cash flows, and typically businesses that have shown an excellent payment history on prior loan products with our lending partner.
The weighted average rate for lines of credit is 32.8% APR. Weighted averages are based on loans originated with our partner
Registration terms and conditions apply. Instant Funding registration and withdrawals are currently supported from your desktop and the partners mobile website.
They are not currently supported in the partners mobile app. This benefit is available at no additional cost with a vast majority of major banks participating. Instant Funding is available for transactions between $1K-$10K.
Fee is waived for 6 months if a $5,000 initial draw is made within 5 days of opening account.
Rate Definitions
Simple Interest: Total interest you will pay, and given as a percentage of the amount borrowed, excluding fee
Annual Interest Rate: The interest rate in annualized terms, excluding fees
Annual Percentage Rate: The interest rate in annualized terms, including fees
Funding financing can be used to pay off other obligations as long as the business owner is still able to net at least 50% of the proceeds themselves.
Concerned about this? Your personal funding specialist will be able to help; just give us a call at 347-450-9091 aaroncbenbow@gmail.com http://independentfundingadvisor.wordpress.com #FundedbyONDECK #capital #leverage
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