Micro Loans

• Fixed monthly payments to pay down principal and interest
• 100% paperless and mobile-friendly loan process

1. 1. Instant quote and funding in 2-4 days
   2. No hard credit pulls to get final loan approval
   3. No collateral required

• Loans primarily used for working capital and equipment purchases

LOAN SIZE RANGE

MONTHLY INTEREST RATE ORIGINATION FEE
LOAN TERMS
PAYMENT FREQUENCY

$5,000 to $75,000 1.8% to 2.5% 6.99%
24 months Monthly

• Existing borrowers are eligible to refinance for more money at a lower rate and longer repayment terms (Triple Play) after 9 timely payments
• Applicants with only an Individual Tax Identification Number (ITIN) and no credit history can qualify

1. 1. Credit model customized for “cash heavy” and/or informally run microenterprises
   2. We support the “small guys” offering term loans as low as $5,000
   3. Bilingual customer service and online platform in English and Spanish

• No prepayment penalty

• Generate at least $30,000 in annual sales
• Proof of operating the business for at least 9 months
• No bankruptcies in the last 12 months
• Access to online bank activity via Plaid
• Business is based in the U.S. except New Jersey,

North Carolina, Puerto Rico and Hawaii

Restricted industries include, but not limited, to: real estate investing, financial investing and car dealerships

AVERAGE LOAN SIZE

$19,000

AVERAGE REVENUE SIZE

$239,000

OPERATING 2+ YEARS

86%

AVERAGE LOAN APR

33.4%

AVERAGE FICO SCORE

655

BORROWERS W/O FICO SCORE

25%