Small Business Loan Options

Small Business Loan Overview
Estimated Business Loan Term	2 to 36 Months
Rates	5% to 49%*
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

Shield Funding 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	12% to 36%*
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	12% to 45%
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	12% to 45%
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	9% to 45%
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	5% to 25%
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	12% to 49%
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	9% to 45%
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	9% to 42%
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.

Daily Payments

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 daily, five days a week not including holidays, until the account is settled.

Weekly Payments

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 daily, five days a week not including holidays, until the account is settled.

Monthly Payments

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 daily, five days a week 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 Shield Funding 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 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 charged for processing your application whether or not you receive an approval. It helps cover the costs for running credit checks and basic administrative costs for initiating the small business loan process. 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 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 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 Your Clients Say About Us

Adam Smith

CEO

I was in a financial bind, and Global Pacific Advisors came to my rescue! Their team worked tirelessly to find the best loan solution for me. Thanks to their expertise, I received the funds I needed quickly and efficiently

Emily Thompson

Chef

Global Pacific Advisors made the loan process stress-free. Their personalized approach and attention to detail set them apart. I highly recommend their services to anyone seeking financial assistance

Linda Foster

Doctor

When unexpected expenses hit, I turned to Global Pacific Advisors. Their friendly staff guided me through the loan application, ensuring I understood every step. I’m grateful for their prompt service and professionalism

David Patel

Engineer

Global Pacific Advisors exceeded my expectations. They not only secured a competitive loan rate but also provided valuable financial advice. Trustworthy and reliable—I wouldn’t hesitate to work with them again.

How to Global Pacific Advisor Small Business Loans

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.

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%	APR 12%-35%

Get Started on Your Small Business Loan

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