Small Business Loan Overview
Estimated Business Loan Term
2 to 36 Months
Rates
From 9%
Time in Business Required
4 Months
Min Credit Score Require
500
Min Monthly Deposits Required
2
Min Monthly Revenues
$10,000
Min Business Loan Amount
$5,000
Max Business Loan Amount
$1,000,000
Max Number of Negative Days
6 Within a Month
*Rates depend on duration of funding

Comparing Your Small Business Loan Options

Global Pacific Advisors has been helping small business owners secure small business loans for more than a decade.
We offer a variety of programs that help existing business owners grow the

Short Term Business Loans
Loan Term
6 to 36 Months
Rates
From 9%
Minimum Credit Score
650
Minimum Loan Amount
$5,000
*Rates and fee depend on the duration of funding
Bad Credit Business Loans
Loan Term
2 to 18 Months
Rates
From 9%
Minimum Credit Score
500
Minimum Loan Amount
$5,000
*Rates and fee depend on the duration of funding
Same Day Business Loans
Loan Term
2 to 36 Months
Rates
From 9%
Minimum Credit Score
500
Minimum Loan Amount
$10,000
*Rates and fee depend on the duration of funding
Unsecured Business Loans
Loan Term
6 to 36 Months
Rates
From 9%
Minimum Credit Score
600
Minimum Loan Amount
$5,000
*Rates and fee depend on the duration of funding
Business Line of Credit
Loan Term
2 to 36 Months
Rates
From 9%
Minimum Credit Score
620
Minimum Loan Amount
$5,000
*Rates and fee depend on the duration of funding
Merchant Cash Advance
Loan Term
2 to 36 Months
Rates
From 9%
Minimum Credit Score
500
Minimum Loan Amount
$8,000
*Rates and fee depend on the duration of funding
Working Capital Loans
Loan Term
12 to 36 Months
Rates
From 9%
Minimum Credit Score
650
Minimum Loan Amount
$10,000
*Rates and fee depend on the duration of funding
Business Loans Consolidation
Loan Term
6 to 36 Months
Rates
From 9%
Minimum Credit Score
650
Minimum Loan Amount
$20,000
*Rates and fee depend on the duration of funding
SBA Business Loans
Loan Term
Typical 5 to 30 yrs
Rates
2.25% to 5%+
Minimum Credit Score
680
Minimum Loan Amount
$25,000
*Rates and fee depend on the duration of funding

Apply Directly to One Small Business Loan Source

What Small Business Loan is Right for you

Most small business owners applying for a loan want to borrow as much as possible as they intend to use the funds to advance their growing business, however, it really comes down to what payment plan is manageable and how the business funding will be used. Every business is different, some companies receive small inflows of cash frequently making a daily payment a viable option while others receive larger payments less frequently and only a weekly or monthly payment plan would work. Additionally, some businesses might need a short term loan to cover immediate debts while others may have a longer term project requiring funding for a longer term. No matter what the reason is for the loan knowing what type of payment your business can sustain is very helpful when determining what type of loan is right for you.

What are the Payments for a Small Business Loan?


Knowing the amount of each payment depends on the amount of your loan and the rate you receive. There are also various payment options so the amount of your payments will be larger or smaller depending how frequently you make payments.

How Often Do You Make Payments?


There are a wide variety of small business loans available, and every type of loan has different payment options. Below are the three possible payment types on your small business loan. There is one exception and that is a merchant cash advance where a percentage is taken out of sales as they are processed.

With this option the funds will be withdrawn daily, five days a week not including holidays, until the account is settled.

With this option the funds will be withdrawn weekly, once a week not including holidays, until the account is settled.

 

With this option the funds will be withdrawn monthly, once a month not including holidays, until the account is settled.

 

Additional Fees to Consider

When considering the payback for a small business loan all the additional fees must be factored into your calculations. It is important to note that each lender is different and can have their own set of fees completely different than every other lender. Although Global Pacific Advisors does not charge most of these fees listed below they are common with many lenders.

Origination Fee

The origination fee covers the cost for processing the Small Business Loan. This includes administrative costs, verifying an application, and other costs associated with approving your application and getting the funds in your business bank account. This fee is generally quoted as a percentage, generally between 1% and 5% although some lenders charge a flat fee

Application Fee

This fee is typically waived when the borrower receives funding although there are many lenders that do not even charge an application fee.

Late Payment Fee

This fee is charged when a borrower fails to make a payment on the due date. Many Small Business Loan programs today have automatic payment options so the borrower does not formally submit payments, but if there are insufficient funds in the account some lenders can charge a late payment fee for every attempt to draw the payment that has been rejected.

Pre-Payment Fee

A prepayment fee or penalty is a fee that some lenders charge when a Small Business Loan is paid back in full before it matures. However, this does not exist in the alternative financing industry. In fact, it is the exact opposite. Some lenders actually offer a discount for prepaying your loan. Be sure to know your prepayment options before accepting the funding.

What Our Clients Say About Us

How to Global Pacific Advisors Small Business Loans

Apply Anywhere in Minutes

Complete our online form or give us a call at 877-874-1685 to begin the business funding process. We require an established business operating for at least 2 months with monthly gross revenues of $10,000.

Get a Decision Right Away

We’ll contact you within a few hours to discuss your approval. There are a variety of rates and terms available, so we will help you decide what is the best rates and terms that are a great fit for your business.

Funding as Fast as Same Day

We require very little documentation which facilitates a fast application and approval process. Once we have the application completed, we can provide funding in your account in as fast as same day.

Typical Questions Asked Before Applying

How fast can I get a business loan?
We have had small business owners who have received funding in the same business day that they applied. It just depends on how prepared the applicant is with their documents as well as several other factors.
Will my information be sold or traded?
Global Pacific Advisor does not sell information to other lenders. We handle everything in-house so you do not have to worry about receiving unwanted phone calls from multiple lenders.
Can I use the funds for anything I want?
Yes. There are no restrictions on how you utilize the funds.
Do I need good credit?
No. We have programs for all credit types. It is more important that you have a business with revenue and the banking statements to verify the revenue.
Will my information be sold or traded?
Global Pacific Advisor does not sell information to other lenders. We handle everything in-house so you do not have to worry about receiving unwanted phone calls from multiple lenders.
Do you need 100% ownership?
No. You do however have to own at least fifty one percent of the business.
How many months in business do I need?
A minimum of 2 months is required, however, most approved businesses have been operating for at least 3 months or more.
Is there a prepayment penalty?
No. In fact, in some cases you may receive a discount.

Some of Our Satisfied Clients Funded Directly By our 75 Direct Network of Partners

Small Business Loan Application Checklist

Decide which loan is right for you, consider loan types and lenders Determine best payment terms, daily, weekly, monthly, consider affordability Consider turnaround, fees, and overall repayment costs for all loan options Analyze credit history and improve where possible Gather documents for your application, the more prepared the easier the process Submit application and all the necessary documents and get funded.
Grow Your Business

Comparing Global Pacific Advisors to Other Lender Options

Services
Bank
Other Platforms
Global Pacific Advisors
Services
2 Years
1 Years
2 Months
Credit Requirements
700+ FICO
640+ FICO
480+ FICO
Application Process
2 - 6 Months
1 - 2 Weeks
Same Day to 5 Days
Loan Amount
$10,000 - $250,000
$10,000 - $500,000
$5,000 - $1,000,000
Repayment Terms
2 to 5 Years
3 Months to 18 Months
3 Months to 3 Years
Revenue Requirements
$250,000 Annually
$250,000 Annually
$120,000 Annually
Payment Type
Weekly / Monthly
Daily / Weekly
Daily / Weekly
Restrictions
Yes
Yes
No
Type of Rate
APR 10%-30%
APR 20%-60%
From 9%

Get Started on Your Small Business Loan

Looking for fast business funding without the hassle? Work with direct lenders for same-day funding! Avoid endless calls. Apply now and get funded as fast as today!

Business Loans for Restaurants

Some of Our Satisfied Clients Funded Directly By our Network of Partners