Coffee Shop Term Loan

[thrive_2step id=’24612′][/thrive_2step]

Overview of a Coffee Shop Term Loan

In general, our term loan is a fixed interest rate, and you pay the loan back in a set amount of time. This loan is easy to understand and is used for a specific project or to make a predetermined purchase. This is the most common form of coffee shop loans.

R

Loan Amount

25k to 500k

R

Payback Period

1 to 5 years

R

Interest Rates

7 to 31%

R

Qualifying Time

As Fast As 2 Days

What is a coffee shop Term Loan?

  A coffee shop term loan is a lump sum of capital given to the coffee shop and is paid back to a lender within a fixed period. A term loan can be a fixed interest rate or an adjustable interest rate.

t

Who Qualifies for a coffee shop term loan?

In general, our term loan is a fixed interest rate, and you pay the loan back in a set amount of time. This loan is easy to understand and is used for a specific project or to make a predetermined purchase. This is the most common form of coffee shop loans.

R

Loan Amount

25k to 500k

R

Payback Period

1 to 5 years

R

Interest Rates

7 to 31%

R

Qualifying Time

As Fast As 2 Days

A coffee shop term loan will need the following document at some point in the application process.

Driver’s License of the owners of the coffee shop
Coffe Shop Business Bank Statements
Balance Sheet for all coffee shops that you want financing for combined
Profit & Loss Statements for all coffee shops combined
Personal Credit Score
Business Tax Returns
Individual Tax Returns

Don't Be Shy Let's Talk

If we didn’t answer all of your questions, feel free to drop us a line anytime. You never know I may just come up with something brilliant!

 

Call 878-302-1005