Our business loan rates and fees

We believe you deserve a more transparent lending experience, which is why we’ll always be upfront about the true cost of your loan.

Apply now

Interest rates

Our fixed annual interest rates make your repayment schedule predictable – just a consistent, once-monthly payment over the life of your loan.

TermInterest Rate
6 months4.99% to 22.74%
1 year7.05% to 23.74%
2 years7.35% to 24.74%
3 years7.65% to 25.49%
4 years7.95% to 26.24%
5 years8.25% to 26.99%

Fees

Our pricing structure is simple and transparent. We won’t try to nickel-and-dime you by tacking on additional surprise fees that can add up quickly.

Fee TypeFeeDescription
Origination fee0.99% to 6.99%A single one-time fee to cover our costs of evaluating and originating your loan. The fee is based on the strength of your credit profile and is deducted from your total loan proceeds, which means you do not pay this fee if you do not receive a loan.
Prepayment feeNoneUnlike some other lenders, we don’t charge you anything if you repay your entire loan early. Plus, you only have to pay interest for the time you borrow!
Late payment fee10% of missed paymentIf your monthly payment is late, you will be charged a fee on the missed payment. This fee is added to your original monthly payment, withdrawn from your account and passed directly onto investors.
Non-sufficient funds fee$35If you don’t have sufficient funds in your account to make a monthly payment, you will be charged a small fee to cover costs we incur on the failed transaction.