A Personal Term Loan is a loan where an individual borrows a fixed amount and repays it over a set period with fixed or variable interest rates
Predictable monthly payments, flexible terms, and no collateral required.
Requires good credit and may have higher interest rates compared to secured loans
Dollar Amount: $50K $500K
Term: 5-7 Years
Revenue Requirement: $50K of taxable income on PTR’s
Time in Business: N/A
Credit Score: 680+