Business Funding

It Doesn't Have To Be Complicated

For small business owners and entrepreneurs, Enterprise Associates is now offering business term loans with monthly payments and low rates.

Terms range from 1 to 5 years, with a credit score minimum of 660, and funding  up to $350,000 is available.  Let our unsecured business loans help your business grow. Whether you’re looking to expand, purchase inventory, hire more employees, or refinance existing debt, a Enterprise Associates business term loan is an excellent solution.

Our term loan program typically funds within 1 to 2 weeks and offers early payment discounts. Rates are fixed and may vary from 6% to 25%.

Within 5 minutes, you can see if you are pre-qualified with a soft-credit pull.

Prequalification and Eligibility Criteria

✔ Time in Business: 2 Years
✔  Annual Revenue: $250,000
✔  Credit Score: 660+ (Soft Credit Pull for Prequalification)
✔  Ownership: Applicants must be U.S. citizens or residents
✔  Business Credit: No recent bankruptcies, tax liens, or judgements
✔  Time to Fund: 1 to 2 Weeks
✔  Interest Rates: Range from 6% to 25%, with early payment discounts

Documents Required (after pre-approval)

✔   2 years of business and personal tax returns
✔   6 months of recent business bank statements
✔   Business Debt Schedule
✔   Year-to-date Financial Statements

SBA CDC/504 Loan Program

The Certified Development Company (CDC) loan was designed for businesses that wish to purchase fixed assets for expansion or modernization such as business equipment, machinery, furniture, or commercial real estate. It requires a low down payment (Starting at 10%) and provides fixed interest rates with long repayment periods.

CDC/504 loans are popular among businesses that are planning to buy or build owner-occupied commercial properties. However, these businesses have to occupy at least 51 percent of the commercial building.

SBA 504 Loan Features

  • Loan Amounts: Up to $10,000,000
  • Terms: 10-20 years
  • Funding time: 30-60 days

SBA 504 Loan Requirements

  • Business must have a net worth of less than $15 Million
  • Business must have an average net income less than $5 million after taxes for the preceding two years.

If you’re not sure which loan program is right for you, Enterprise Associates can help. Talk to one of our specialists, and he or she will evaluate your business’ needs, explain the pros and cons of each program, and help you decide which program is right for you. And if your business is still not yet eligible for SBA funding, we will be honored to work together until we secure the much-needed financing.

Enterprise Associates Small Business Term Loan

How To Apply for a Business Term Loan with Enterprise Associates?

Step 1. Apply

Complete the business loan application form in 1 minute.

Step 2. Analyst Phone Call

Receive a phone call from an analyst to discuss your offer.

Step 3. Provide Documents

Provide bank statements, a voided check, and a copy of identification.

Step 4. Receive Funds

Accept your offer, sign your loan agreement and receive funds!

Get approved for a low rate, unsecured business loan!

Enterprise Associates’s Business Term Loans Features

Take a look at some of the features that our term loan program has for you:

□  Low, monthly payments
  Terms up to 10 Years
  Quick Loan Approval Process
  All Credit Scores Accepted
  Minimal documentation

What documents are required to apply and receive a business term loan?

  3 months of business bank statements
  Loan Application
  Voided Check

What are Unsecured Business Term Loans?

An unsecured business loan is a funding solution that does not require collateral or hard assets. Instead, factors such as your monthly revenue, bank balance, and credit score are reviewed. Since this is a non-bank financing product, the approval guidelines are a lot more flexible.

What types of businesses can qualify?

We will review any business term loan requests for any “for-profit” business that has at least 3 months of operation and and active business checking account.

When banks say no, we say yes!

One you fill out the Business Term Loan Application, an analyst will call you the same day to discuss possible pre-qualification terms.

Our programs are a better alternative to bank loans, because we require minimal documentation and approve much more quickly.

With an unsecured business term loan from Enterprise Associates, you can access up to $250,000 in working capital for any business purpose. Banks typically have very strict requirements, require extensive paperwork, and can take weeks (or sometimes even months) to approve. With Enterprise Associates, we make business lending simple.