Intermediate-Term Loan by LiftForward

Intermediate-Term Loan by LiftForward

LiftForward specializes in small business lending. They are here to help you grow and capitalize your business. The key difference with LiftForward is that they will structure the right loan product for you. Their clients stay with them because they are able to increase the size of your loan as you grow. Many of their customers started with a $50,000 loan and now have $1,000,000 loans. They provide working capital, purchase order and asset backed loans. We will also refinance your MCA loan into a monthly product.

Nav's Verdict

Cost
50% Complete
LowHigh
Effort to Apply
20% Complete
EasyDifficult
Funding Speed
40% Complete
MonthsMinutes
Repayment Terms
60% Complete
MonthsYears

8/10

Bottom Line

If you qualify, you will most likely qualify for better terms from another lender. However, if you need funds quickly, this could be a good fit for you.

Pros

Funding process is very fast. You can receive access to funds less than 48 hours after applying.

Cons

Annual revenue requirement is $1,000,000.

Qualification requirements

Time in Business

At least 2 years in business

Annual Revenue

At least $1,000,000

Credit Score

At least 650

Other Requirements

No bankruptcy in the past 5 years.

Cost
17% - 22% APR
Repayment Terms
Monthly payments for up to 48 months
Funding Amount
$150,000 - $1 million
Origination Fee
1% - 5%
Funding Speed
5 - 7 business days
Application
Online

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