Alternative Term loans (we like to call it the "Lease Rebate"), and Lines of Credit outside the bank. Every program is monthly payments.
We do not try to pitch you a daily or weekly payment offer. All of our products are monthly paybacks and "off the beaten track" you won't find from other
MonthlyFi offers term loans-like products and lines of credit with monthly payments.
Our clients have qualified for as little as $5,000 and as much as $500,000.
The repayment term for MonthlyFi loans ranges from 12 to 72 months, depending on the loan product and other factors.
Interest rates for MonthlyFi loans vary depending on several factors, including the size of the loan, the term of the loan, and the creditworthiness of the borrower.
Eligibility requirements for MonthlyFi loans include having a minimum credit score of 650, at least two years of business history, and annual revenue of at least $450,000.
Depending on the product, applicants should receive an initial decision within 48 hours.
If approved, the funds will be deposited directly into your business account, via ACH or wire.
If approved, the funds will be deposited directly into your business account, via ACH or wire.
If approved, the funds will be deposited directly into your business account, via ACH or wire.