EXPRESS LOAN PROGRAM

Would you like up to $150,000 of additional working capital for your practice, unsecured, at around 6.5% interest for a term of 7 years with no prepayment penalty?

You can, if you meet the minimum requirements below;

Program Details:

Credit Score Requirements:

FICO Score of 640+ for amounts up to $100,000

FICO Score of 680+ for amounts &100,000-&150,000

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Maximum Loan Amount : Up to 30% of gross revenues for immediate past year reported on tax return; Minimum loan is $50,000.
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Profit Requirement: Must have been profitable in prior tax year (NOI plus depreciation and officer salary)
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Term: 7 years full amortized.
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Interest Rate: Variable at Prime Plus 1.5% up to Prime + 4% depending on personal and business credit score and other factors. Average is 6.5%
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Prepayment Penalty: None
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Auto Debit (EFT) Payments: Required

Information Required:

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Completed Express Application with original, blue-ink signature
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Signed and dated Agreement for Consulting Service
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3 Months Business/Corporate Bank Statement
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Articles of Incorporation & Bylaws (unless Sole Proprietor)
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2 Years Complete Business/Corporate Tax Returns
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2 Years Complete Personal Tax Returns
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Current interim Financial Statement (income Statement/Profit & Loss and Balance Sheet) dated within 60 days of submission of Loan Application
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Form 4506-T signed and dated (please do not fill in other blanks)
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Copy of Applicant's Driver's License- required by Patriot Act.
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(if available, copy of personal credit report with credit score- for initial file screening, prevents unnecessary credit pulls)

  Please call Coffman Capital toll free at:
877-661-8069 for more information.