Contract Term Loan

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$50,001 – $150,000 Loans

Wacif’s Contract Term Loan allows you to ramp up quickly by hiring staff, purchasing equipment and more. Allowing you to get to work and get the job done.

Terms

  • Terms up to 72 months
  • Interest Rates up to 18%
  • $150 non-refundable Application Fee
  • 3% Commitment & Servicing Fee due at Closing
  • No Pre-Payment Penalty

Eligibility

  • Minimum 3 years in business
  • Eligible Uses: Equipment, Inventory, Working Capital
  • No minimum Credit Score
  • Collateral Requirements: Security interest in all business assets including specific contracts, Personal Guarantee of key owners