We hope the following questions help give you answers:
Clover Business Loans is a free service to you, the user. We only receive payment if the loan is secured.
Fill in the online application and press go.
Business open for 6+ months
Credit score above 550
Business bank account
Gross revenue of 10k for at least 6 months
Up to date payments on current mortgage or rent
It depends on the product and the amount. Once you have completed your profile we get right to work. On average our lenders take between 2 days and 2 weeks to process a loan. The sooner you provide the documentation, the sooner the loan can be arranged.
Clover Business Loans is committed to your security. We use a 128-bit encryption just like the big banks. At all times your information is safeguarded including auditing, backups and login information.
CloverBusinessLoans is not a LENDER.
CloverBusinessLoans is a free, no obligation financial service, matching prospective borrowers with prospective lenders for Business Loans. We are an advertising referral service to qualified participating lenders that may be able to provide amounts between $1000 and $2,000,000. Not all lenders can provide up to $2,000,000 and there is no guarantee that you will be accepted by an independent, participating lender. We do not control and are not responsible for the actions of any lender. We do not have access to the full terms of your loan. For details, questions or concerns regarding your loan please contact your lender directly. Only your lender can provide you with information about your specific loan terms, their current rates and charges, renewal, payments and the implications for non-payment or skipped payments. The registration information submitted by you on this website will be shared with one or more participating lenders. You are under no obligation to use our service to initiate contact with a lender, apply for credit or any loan product, or accept a loan from a participatign lender. Cash transfer times and repayment terms vary between lenders. Repayment terms may be regulated by state and local laws. Be sure to review our FAQs for additional information. These disclosures are provided to you for information purposes only and should not be considered legal advice.
The operator of this website does not make any credit decisions. Independent, participating lenders that you may be matched with may perform credit checks with credit reporting bureaus or obtain consumer reports to determine credit worthiness, credit standing and/or credit capacity. By submitting your information, you agree to allow participating lenders to verify your information and check your credit. Loans provided by independent, participating lenders in our network are designed to provide cash to you to be repaid within a short amount of time.