This content is not provided by any financial institution. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone,Īnd have not been reviewed, approved or otherwise endorsed by any financial institution. Their use does not signify or suggest the endorsement,Īffiliation, or sponsorship, of or by SuperMoney or them of us. *SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc.Īll products, logos, and company names are trademarks™ or registered® trademarks of their respective holders. To qualify, applicants may need to provide the following documentation: Permanent resident / green card holders are also eligible to apply. citizens are, of course, eligible for the services offered by Sprout Financial Term Loans.

Their rates fall within the limits of The Military Lending Act. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers.Īctive duty service members and their covered dependents are eligible to apply for a loan via Sprout Financial Term Loans. People with all types of credit scores can apply. When it comes to credit scores, Sprout Financial doesn't have a set minimum or maximum. Sprout Financial Term Loans does not require borrowers to have been in business for a minimum number of years.īusinesses don't have to meet a minimum annual revenue to be considered. What do you need to qualify for Sprout Financial Term Loans? How much can you borrow from Sprout financial?īusiness loan amounts start at $10,000 and go up to $2,000,000. This means you will not have to pay additional fees if you decide to pay the business loan off early. No, Sprout financial does not charge prepayment fees. Sprout financial provides access to the following business loan types:ĭoes Sprout financial charge prepayment fees? The type of business loan you choose will determine the range of interest rates and terms you receive. Not all small business loans are made equal. What types of small business loans does Sprout financial offer? Sprout financial considers business loan applications for business purposes, such as: What limitations does Sprout financial set on the purpose of the business loan? Yes, Sprout financial charges a loan origination fee. Sprout financial FAQ What are Sprout financial’s rates?ĭoes Sprout financial charge an origination fee?

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