Depending on what state your business is registered in, there are minimum financing requirements we’re obligated to due to regulation. Please note the minimum loan thresholds in the table below. Note: The minimum loan thresholds are as follows:
| State where business is registered | Minimum Loan Amount |
| New York: | $50,100+ |
| Oregon | $50,100+ |
| Pennsylvania | $50,100+ |
| Alaska | $25,100+ |
| Florida | $25,100+ |
| Rhode Island | $25,100+ |
| Washington DC | $25,100+ |
| Kentucky | $15,100+ |
| Maryland | $15,100+ |
| Other States | $5,100+ |
| North Dakota: | Currently, we can't provide funding for businesses registered here. |
| South Dakota: | Currently, we can't provide funding for businesses registered here. |
| Vermont: | Currently, we can't provide funding for businesses registered here. |
For example, if your business is registered in Kentucky and has an Amount Available in the Offer is $100,000, you can request a Capital Loan of $18,000 but not $13,000 as it's below the minimum threshold of $15,100 for Kentucky.
Comments
0 comments
Please sign in to leave a comment.