Junior Term Loans

Junior Term Loans are the most inexpensive junior capital facility currently offered in the United States. Companies with profitable corporate tax returns qualify for this facility and can receive funding at 9.50% annually with low monthly payments and no prepayment penalties. This product is suitable for companies that need additional working capital behind their senior secured lender and require no collateral. The terms and structure of a junior term loan are generally more attractive than a merchant cash advance. To qualify, client needs to have a credit score above 650. The application also includes no upfront costs or application fees.