Ocean Drive Funding understands that not every business want to pay back the funds they were given in a short period of time with a more aggressive rate and fee on the return. With that in mind we have partnered with three top national banking institutions that can provide Small Business SBA Loans on 10 year terms.
With Ocean Drive Funding’s partnerships, a small business is able to fund a large cash flow insertion within a few days of application and get excellent interest rates and fixed monthly payments for the entire term.
On average, Small Business SBA Loans have a variable rate of Prime Rate plus 2.75% to 4.75%.
Due to the nature of the industry you are in and some other statistics, your company’s fixed monthly payment, fees and Annual Percentage Rate (APR) are estimates and may vary.
APR includes all required fees whereas interest rate does not. Fees in APR calculation are referral, packaging and guarantee fees as well as estimated closing costs. Due to the fact that the funds are being provided by a national FDIC banking institution, closing costs include standard bank fees, additional 3rd party report charges, and some other processing and risk management fees may apply.
A great benefit is that unlike some loans, Small Business SBA Loans can be paid off at any time with no prepayment penalty. Apply Now and see if you are qualified for a loan and let Ocean Drive Funding take over and provide you with working capital.
Ocean Drive Funding, Money Made Easy.