- Short-term business loans with that loan restriction out of $dos,five hundred $250,000 for a price ranging from ten% and good step 3-18 months fees identity.
- Long-identity loans with highest financing restrictions out-of $twenty-five,000-$five-hundred,000 prolonged cost terms of step 1-5 years, and you will seven-30% interest.
- Products investment up to 100% of its well worth and you may payment term is the equipment’s lifespan from the an enthusiastic 8-30% rate.
- Small business startup financing: restrict matter was $150,000, paid down between half a year and you can 4 age within mortgage from 7.9%-19.9%.
It’s got a little highest rates. Currently, the latest Apr try estimated so you’re able to cover anything from 6.99% to %. The credit get is also higher, although loan restrictions are nevertheless a comparable from the $5,000-$100,000.
SoFi also provides personal student education loans, personal loans, mortgages, car loan refinance, and education loan refinancing. There are other circumstances below such classes.