One Park Financial strives to make getting business financing as simple as possible. Their lending partners work with business owners in many different industries throughout the entire United States (excluding California).
Financing options include small business loans, mid-sized business loans, merchant cash advances, equipment financing, purchase inventory financing, and more. To get a loan or merchant cash advance, borrowers must meet the following criteria:
- Be in business for at least 3 months (startups OK)
- Make $7,500 or more in gross monthly revenue
- Have a personal credit score of at least 500
- Have no active bankruptcies (past bankruptcy cases or foreclosure OK)
Most business financing options come with four- to 12-month terms. Loan amounts range from $5,000 to $500,000. Some options may have an origination fee or other lender’s fees.
Like other indirect lenders, One Park Financial does not specify the exact terms or rates for financing. Typically, borrowers will have to complete an application to learn what they qualify for.