Small Business Short Term Loans
from Our Asset Based Lending Company

What is Apple Capital Small Business Short Term Loans Program?

Apple Capital Group has a short term business loan products that ranges from 3 months to a maximum of 18 months short term loans. These short term business loans are designed for business with has daily cash flow meaning you they have daily income (daily deposits) in their business checking account See below for qualifications. Approval process within a few hours and docs the same day with funding 2 day after docs been received. Small Business Short Term Loans

For more information, please call us at 866-611-7457.

In The Press Business Week The New York Times PBS WSJ USA TODAY

How this Short Term Small Business Loans Differs

The key to the short term loans is accessibility, with affordable rates, and quick turnaround. We at Apple Capital Group offers this quick short term option for small businesses for small businesses can grow. When you compare the benefits of an Apple Capital Group loan to other financing options such as merchant cash advances, it’s clear On Deck is the superior choice. Small Business Short Term Loans

Benefits of Apple Capital Group Small Business Loans

  • Typically up to 50% less expensive than a merchant cash advance
  • Decisions in as fast as 1 business day, funding in as fast as 2 business days
  • Daily, fixed payment means no worrying about large end of month payments

On Apple Capital Group Small Business Loans vs Merchant Cash Advances

  • We at Apple Capital Group
  • Cash Advance Program for Merchants
  • Not considered a loan.

A true business finance loan with a fixed interest rate and termFor a $20,000 business loan, On Deck may charge you $21,800 – $24,000 over 6 months for a daily payment ranging from $169 – $186 (typically 50% less expensive than a cash advance)

For a $20,000 loan, cash advances will charge you $27,600 at a rate of 38 cents on the dollar (or even higher) over 6 months* for a daily payment of approximately $214

  • No need to change credit card processor
  • Must change credit card processor
  • On Deck provides a fixed term loan collected through set daily payments using flexible payment methods.
  • Cash advances intercept your credit card receivables at the merchant processor and take a fixed percentage of your daily credit card volume until the advance is paid off.
  • Apple Capital reports your payment history to the credit agencies
  • There are no credit benefits to using a cash advance

* Source: Business Week – How Merchant Cash Advances Work – January 9, 2009

Standard Loan Bank Only Program

You need the following: accepts credit cards or no credit cards

  • $5,000 – $150,000 for 6- 18 Month Terms
  • $5,000 – $75,000 6 & 9 Month Terms

 

Minimum Criteria Our “Sweet Spot”
Time in Business 1 year + Time in Business 3 years+ 1 year +
Annual Revenue $250,000 + Annual Revenue $500,000 $250,000 +
Avg Bank Balance $3,000 + Avg Bank Balance $5,000 + $3,000 +
# of Negative Days 6 in 3 % Ownership 80% 6 in 3
Credit Score 500 Credit 600 500

Top Industries: Restaurants, Doctors, Drinking Establishments, Spas, Automotive Repair, Landscaping Services, Plumbing, General Retail, Dentist, and Supermarkets.

  • Documentation Needed
  • 1 Page Complete Application
  • 3 Months of Credit Card Statements/ 3 Months Bank Statements (include all pages)
  • If Bank Only, 6 months of Bank Statements

About Our Short-Term Loan Products

Loans Size $5,000 – $150,000
Terms 3- 18 months
Payments Daily payments from account via ACH (Automated Clearing House)
Security Personal Guarantee
Timing Decisions in as fast as 1 business day, funding in as fast as 2 business days

RESTRICTED INDUSTRIES LIST
Short Term Small Business Products Loan Terms 3 to 18 Months

Financial Services SIC NAICS
Services SIC NAICS
MISC (cont) SIC NAICS
Mortgage Lenders 6163 52231
Ticket Brokers 6512 561599
State and Government Agencies 8631 921140
Credit Card Protection 7299 812990
Personal Trainers 812990
Airlines 4512 481111
Credit Restoration / Repair 7299 541990
Payroll Companies 8721 541211
Not-for-Profit Grant Writers 6732 813211
Check Cashing 6099 522390
Vices SIC NAICS
Virtual Auction Houses 5961 454112
Collection Agencies 7322 561440
Adult Entertainment / Materials 5999 453998
Fraternity / Sorority 7021 721310
Wire Transfers 6099 522320
Lotteries / Raffles / Gaming / Gambling 7999 71329
Freight Brokers 4731 488510
Factoring Organizations 6153 522298
Drug Paraphernalia 5993 453991
Marinas 4493 713930
Non-Bank Cash Advances 6099 522390
Gambling Establishments 7999 713210
Vitamin Retailers 5499 446191
Mortgage Reduction Services 6162 522292
Horoscope / Fortune Telling 7299 812990
Home Building and Construction 1521 236115
Investment Opportunities 6282 523930
Bail Bonds 7299 812990
Attorney 8111 54111
Time Share Investments 7389 561599
Firearms Sales 5091 423910
Cemetery & Funeral Homes 7261 81221/2
Real Estate Brokers 6531 531210
Escort Services 7299 812990
Child Day Care Services 8351 62441
Real Estate Management
Companies 6531 531311
Advice on Sporting Events 7999 713290
Fitness & Recreational Facilities 7991 713940
Currency Exchanges 6099 523130
Dealerships SIC NAICS
Golf Courses & Country Clubs 7992 / 7 71391
Accountants 8721 541211
ATV Sales 5571 441221
Printing 2771 3231
Tax Preparation Services 7291 541213
Auto / Dealerships – New and
Used 5511 441110
Schools 8299 611
Insurance Related 6311 524113
Motorcycle / Scooter Dealerships 5561 441221
Sellers SIC NAICS
Financial Transactions
Processing 6153 52232
Motor Home / Camper Dealers 5551 441210
Mobile Phone Dealers 5731 443112

Boat Dealers – Sellers 5551 441222
Pawn Shops 5932 522298

MISC SIC NAICS
Discount Travel Clubs / Subscriptions 8699 561599

Sports & Recreation Instruction 7999 61162
Mail Order Coin Sales 5961 454113

Travel Agencies 561510
Precious Metal Sales (Internet) 5961 454110

Transportation (not trucking)
Flea Markets 5932 453310

Computer Training / Sales / Consulting / Design 5415/
4431
Magazine Subscriptions 2721 511120

Click here for a Short Term Small Business Requirements and Restricted Industry List for Short Term Loan. Small Business Short Term Loans

Small Business Application