Business Financing

ElitePay™ Credit Facility

ElitePay™ Credit Facility

ElitePay™ Credit Facility

Line Amount: $50,000 - $10MM

Interest Rate: 3.0% - 8.0% MPR

Renewal Period: 12 - 48 Months

Time in Business: 1 Month +

Minimum Monthly Revenue: $40,000

Turnaround Time: 24- 48 Hours

ElitePay™ No Term Loan

ElitePay™ Credit Facility

ElitePay™ Credit Facility

Loan Amount: $5,000 - $2MM

Interest Rate: 1.50% - 4.50% MPR

Term: N/A 

Time in Business: 3 Months +

Minimum Monthly Revenue: $50,000

Turnaround Time: 72 Hours

ElitePay™ Term Loan

ElitePay™ Credit Facility

ElitePay™ Term Loan

Loan Amount: $20,000 - $5MM

Interest Rate: 2.50% - 5.50% MPR

Term: 2 -36 Months

Time in Business: 6 Months +

Minimum Monthly Revenue: $50,000

Turnaround Time: 3 - 8 Hours

Equipment Financing

Equipment Financing

ElitePay™ Term Loan

Loan Amount: $10,000 - $5MM

Term: 12 - 84 Months 

Time in Business: N/A

Rate: 6% - 35% APR

Fico: 610+

Turnaround Time: 2 - 5 Days

Bank Loan

Equipment Financing

Bank Loan

Loan Amount: $100,000 - $5MM

Term: 60 - 120 Months 

Time in Business: 2 Years

Rate: 6% - 11% APR

Fico: 680+

Turnaround Time: 1-2 Months