The Pros and Cons of SBA Loans - ApplePie Capital
Advantages of SBA loans. SBA loans allow for projection-based underwriting, which means prospective franchise business owners can obtain capital for initial businesses or store expansion based on profitability estimates. Other benefits may include: Generous term lengths, such as a 10-year term on non-real estate loans.
Paycheck Protection Program Loans - ApplePie Capital
2021年4月15日 · The “Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act'' includes $284 billion in new funding for the Paycheck Protection Program (PPP). ApplePie helped thousands of franchises and other small businesses secure funding in the first round of PPP, and we are again committed to help you efficiently access these new relief funds.
ApplePie Capital
ApplePie Capital, Inc. offers its own branded loan products, ApplePie Core and Spring loans, which are made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC. These are not deposit products. Actual loan terms depend on credit, income, loan maturity, and other factors. At ApplePie Capital, we are committed to fair ...
About - ApplePie Capital
ApplePie Capital, Inc. offers its own branded loan products, ApplePie Core and Spring loans, which are made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC. These are not deposit products. Actual loan terms depend on credit, income, loan maturity, and other factors. At ApplePie Capital, we are committed to fair ...
ApplePie Capital
Credibly is dedicated to small business financing, funding over $2 billion for needs such as working capital, equipment upgrades, and more. Existing franchisees can potentially access $5k - $400k in as little as 24 hours. Check this option to be directed to Credibly’s online application.
ApplePie Capital CEO & Co-Founder Denise Thomas Makes …
2017年4月4日 · Erin: ApplePie Capital’s loans are backed by personal guarantee and unsecured. Personal assets are not required to back loans. Tell me more… Denise: We provide loans to the franchise industry and we’ve found the indicators for risk are much more predictable than a one-off small business. In franchising, there is a blueprint for the ...
What are the hidden costs of using personal collateral?
Secured loans such as those provided by the SBA come with multiple benefits, including the opportunity to leverage smaller down payments and lengthier repayment terms. However, don't forget that pledging collateral may limit your financial options moving forward, and ensures your monetary culpability remains front and center for the foreseeable ...
ApplePie Capital
2018年6月21日 · Our business partners who offer a service to you jointly with us, or who partner with us to provide our Services to you, including, for example, franchise brand owners and other lending partners such as debt investors, loan buyers, and other financing partners;
ApplePie Capital Raises $6.5 Million in Series C Funding; Surpasses …
2021年10月13日 · ApplePie also revealed that the company recently surpassed $1.25 billion in loans secured for franchise businesses since it began lending in 2015. “BHG has a proven track record of holistically addressing the financial needs of the small business healthcare vertical, so they uniquely understand ApplePie’s opportunity to do the same in ...
Should I take out a loan or use my home equity to ... - ApplePie …
Leveraging your home equity for a business loan There is another option: Instead of using your home equity to finance your business, you could utilize that equity to qualify for a business loan. Business loans will often cover up to 80% of the total project, so you can use equity in your home to cover your 20%.