Short-Term Loan by Breakout Capital
Breakout Capital offers small business loans of up to $200,000 with terms from 6 to 24-months and daily, weekly, or monthly repayment options available to qualified customers. With a focus on transparency, customer service, and responsible lending, Breakout offers unique features with each and every loan: Early repayment benefits, graduation rates, no double dipping, and no hidden or junk fees. Their sales team supports you through the entire funding process, answering your questions every step of the way.
Can lend to lower credit scores than other term loans. Offers a fixed payback amount; there is no established interest rate that accrues over the life of the loan. Ability to payoff early at a discounted rate, 25% off the remaining interest owed.
Potentially only 6 months to pay off.
Time in Business
At least 1 year in business
At least $120,000
No more than two loans or advances (does not include lines of credit). No bankruptcy within the past 12 months. Any tax lien must be satisfied or on a payment plan.
Reviews Disclosure: The responses below are not provided or commissioned by the credit card, financing and service companies that appear on this site. Responses have not been reviewed, approved or otherwise endorsed by the credit card, financing and service companies and it is not their responsibility to ensure all posts and/or questions are answered.