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Term Loan

What is a Term Loan?

Camino Financial provides term loans up to $500,000 for as long as 4 years. These loans tend to have fixed payment schedules and automatic deductions from your bank account. We work with reputable alternative lenders to provide terms in a quick and secure fashion. These loans are priced based on the cash flows of your business with minimal paperwork required to qualify. Term loans are funded as quickly as 4 business days.

  • Inventory Purchases

 

  • Payment of Suppliers or Payroll

 

  • Other Working Capital

 

  • Business Expansion

 

  • Equipment Purchases

 

  • Debt Refinancing

Use of Term Loan Proceeds

Minimum Requirements

  • 1+ years in business

  • 500+ personal credit score

  • $100,000+ in annual gross sales

  • Positive cash flows to support debt

  • Business and/or personal collateral 

  • No bankruptcies or foreclosures in last 2 years

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