Terms and Conditions

1. Minimum requirements

To qualify for a small business loan, your business needs to be at least a year old. You should have revenues of $50,000 annually or $4,200 per month over the last three months.
All loans are subject to credit approval. Credit lines and pricing are subject to periodic review and change, including line and pricing reductions, line and pricing increases, or line eliminations. This is not a revolving account. Individual requests for capital are separate installment loans.
SpotOn Financial can approve you in minutes for up to $150,000 when we are able to automatically obtain your business data and verify your bank account. Lines of credit over $150,000 require a manual review. In some situations, errors may occur during the sign up process, or we may need to send micro-deposits to confirm your bank account for security purposes. If this is the case, it may take up to several days to provide you access to funding.
This is not a guarantee of qualification, but rather the minimum qualification criteria.