SBA Loans up to $350k
With an expedited application process and fast approvals, our Torch solution is for loans up to $350,000.
If your business needs $25,000-$350,000, take advantage of our TORCH Loan streamlined loan process.
See if you Pre-Qualify with no impact to your credit! *A hard inquiry will be required prior to closing.
Flexibility – Loans can be used for debt consolidation, advertising, hiring, select franchise concepts and to purchase real estate, equipment, vehicles, or inventory.
Affordable – Low interest rates with long repayment terms of 10-25-year terms keep monthly payments low. No application fee and low closing costs.
Simplified – Based on your loan request, we will need to submit a minimum of documentation for conditional approval
Streamlined – Our experience in SBA Lending allows us to get right to the heart of the loan request and immediately underwrite for approval. If we need clarification on anything, a real human being will reach out to you quickly to ask you to provide context or explanation.
Quick approvals – You can expect a Conditional Approval up to 2 business days from the submission of a full application package, if eligible.
Fast closings – Once the Conditional Approval is issued, our experienced closing team will get to work on the details and arrange the all-digital closing. We want to get your cash to you as quickly as possible so that you can grow your business.
Eligibility – The following loan criteria are eligible for our TORCH Loan:
- At least 2 years in business with consistent ownership
- Generate non-passive income (no landlords or lessors of real estate)
- Organized for profit
- Good credit history
Get in touch with us at TORCHinfo@nullfsbbank.net today to begin discussing your needs and objectives. We look forward to learning more about you, your business and your plans for the future.