What Loans AmOne offers
You’ll find two types of basic business loans: one for everyday use and a second geared towards startups. AmOne also offers a debt consolidation service that you can use to help cover any business debts you might have.
How AmOne works
Whether you already own a business, or are looking to fund a startup, the loan terms will be the same regardless. You can expect the following:
- Borrow between $1,000 and $50,000
- Interest rates range between 4.99% and 35.99%
- Loan terms between three and 48 months
As a lending marketplace, fees penalties and additional charges aren’t set by AmOne, but by your chosen lender. Always make sure to thoroughly read all of the terms and conditions in your loan agreement so you aren’t stung by extra fees.
How do I qualify for AmOne?
AmOne accepts applications from applicants with a range of different circumstances and credit scores.
Once you’ve submitted your details, it’ll ultimately be up to each of its partner lenders to decide whether they’ll accept you or not. The only specific requirement to apply is that you’re over 18 years old.
You won’t be subject to a hard pull on your credit record for an initial search, so you’ll be able to get an idea of what you’re eligible for.