Welcome your new partner in business lending.
Finding and applying for business loans can be frustrating. That is why FTL Finance has partnered with Loanspark to offer you simplified lending solutions.
Loanspark is a lending marketplace that uses loan-matching technology combined with a hands-on approach to make sure business owners get the loans they need when they need them.
With 10 types of loan categories, Loanspark has the financing options you need to keep your business ahead of the curve. Whether upgrading machinery, expanding your fleet, or investing in technology, Loanspark can help you stay competitive.
Use Loanspark's prequalifaction tool to help you see what options are available to you.
10 Types of Loan Categories Offered Through Loanspark
| Loan Type | Best for | Funding Amount | Term | Processing Time |
|---|---|---|---|---|
| Business Term Loans | Cover a large, one-time expense | $10K - $10M | Up to 10 years | Less than 1 week |
| Short Term Business Loans | Use for any business needs | $5K - $750K | 3 - 24 months | 24 - 48 hours |
| Commercial Real Estate Loans | Buy properties for business purposes | Up to $150M | 6 months - 30 years | 10 - 90 days |
| Consolidation Loans | Reduce overall debt payments and time | $25K - $750K | 12 - 60 months | 1 - 7 days |
| Business Lines of Credit | Access funds quickly, works like a home equity line or credit card | $10K - $20M | 12 - 60 months | Less than 1 week |
| Working Capital Loans | Cover short term operational needs | $10K - $750K | 6 months - 25 years | 3 - 14 days |
| Invoice Financing | Access funds against future invoices | Up to $10M per month | Variable | 1 - 5 days |
| Business Cash Advance | Access funds against future revenue when in a bind | $500 - $20M | 3 - 36 months | 1 - 3 days |
| Equipment Financing | Finance new or used equipment and supplies | $1K - $20M | 3 - 7 years | 1 - 3 days |
| SBA Loans | Government backed loans with lowest rates | Up to $5M | 10 - 30 years | 21 - 90 days |
Business lending with Loanspark means:
- No cost to you
- No impact on credit scores
- Multiple lender options with one application
Getting started is easy:
- See if you prequalify.
- Complete an application.
- Loanspark reaches out to its marketplace to find the best offers.
- You select the offer you like best.
If you need help figuring out what kind of loan you need or have more questions, please call (866) 532-0457. Someone will be happy to help!