What Loans Become offers
As a connection service, this lender offers a range of different loans across multiple different lenders.
Its full product range is as follows:
- Unsecured business loans
- Startup business loans
- SBA loans
- Lines of credit
- Invoice factoring
- Business equipment loans
- Merchant cash advances
- Commercial vehicle loans
How Become works
Each type of loan has slightly different qualifying criteria and, depending on the type of loan you choose, your interest rates can vary significantly.
Rates for a standard unsecured business loan start at 7.5%, but this provider doesn’t make clear how high rates can go and you’ll only find out once you apply.
For any type of loan you choose, you’ll typically be allowed to borrow anywhere between $5,000 and $500,000 and repayment terms range between 6 months and 120 months.
Bear in mind that some of Become’s partner lenders may charge origination fees, so make sure you read your offers carefully before accepting.
How do I qualify for Become?
- Minimum credit score of 350
- Your business must have been in operation for three months with $10,000 in monthly revenue or;
- You must have been in operation for six months with $3,000 monthly revenue
Some lenders may have other restrictions such as age or state limits.