What Loans Quick Loans Direct offers
There are three different types of loan available:
- Small business loans
- Business lines of credit
- Revenue advances
All loans are geared towards speed and convenience, and Quick Loans aims to get funding within 24 hours of you submitting an application.
How Quick Loans Direct works
You won’t find detailed information on your loan options before you apply, but some basic terms come with all products:
- Borrow anywhere between $5,000 and $1 million
- Interest rates start from 5.9%
Quick Loans is a lending marketplace, meaning you’ll be put in touch with a variety of loan providers.
This makes it difficult to get more information on specific terms, and no repayment terms are disclosed before you apply.
You’ll also need to watch out for any additional fees and charges your chosen lender might apply.
How do I qualify for Quick Loans Direct?
Your business must’ve been in operation for at least six months, and you’ll need to be making at least $10,000 per month.
The lender doesn’t list any other requirements, such as a minimum credit score, nor does it state any other assessment criteria.
If you have bad credit and are worried about your application, we’d recommend contacting customer service before you apply to clarify any issues you might have.