It’s not a Car Title Loan. It’s a small business loan but it’s different. You can get a loan using your newly minted or existing small business venture by using your car…. which makes this an amazing option! You have to read this all because it’s so unique and you may be a small business owner and not even know it.
We have a lender that if you live in these states can help you:
- North Carolina
- South Carolina
First you need to have legitimate income coming in from some venture you do. Say you are a subcontractor or a cosmetologist or even a gardener or how about you have an online storefront. Tutors, web designers, teachers, Uber or Lift drivers, home repairs, so much more. See people have part-time ventures but also they may have income from a regular employee job too. Open your mind and you will see that maybe you have been a small business owner for quite some time! Maybe you make 100% of your income with your business. That works too!
So with good news comes bad. Your loan is secured by using your vehicle and your vehicle has to have some worth to it because the smallest loan is $5000. That means your vehicle has to be worth at least $6500 wholesale and it needs to be either free and clear of other liens or within a few payments of being paid off. You will also need proof that this business exists for real. Maybe you have a tax ID for it and business cards or a website. You will need some proof.
With bad comes good…. unlike other business loans out there this loan skips some of the horrible disqualifying things that other loans have. ALLOWED is:
- No need for bank statements
- Bad credit is not an issue
- ANY business industry
- High approval rates
- Easy payment terms
- Under a year in business is ok!
Apply on this site and someone will call you and see if you qualify for this loan and if so… lucky day!