Guide

Local loan store vs. bank: what's the difference?

Banks offer their own products and strict boxes. A local loan store offers many programs under one roof. Here's how to decide.

Choose financing for your next step

Which financing fits my goal?: Working capital and business lines of credit support business expenses. Equipment financing supports equipment purchases. DSCR financing focuses on investment rental income; bridge and renovation financing serve short-term property plans. Commercial property loans can support eligible purchases and refinances.
Where is financing available?: Unsecured business funding is available in all 50 states. Real estate loans are available in every state except CA, ID, MI, MN, NV, NJ, OR, SD, UT, VA.
What happens after I request financing?: An advisor reviews your requested amount, purpose and supporting information, then explains program fit and the next documents needed. A quote or calculator result is not an approval or commitment to lend; final terms require underwriting.

Property address and purpose
Identify a purchase, refinance, renovation or construction request and the intended property use.
Income or project information
Prepare leases, a rent roll or available operating information to explain property cash flow.
Transaction and ownership details
Include the purchase contract or current mortgage information and entity documents where applicable. The final checklist is specific to your file.

Use the secure application when documents are requested. Do not include Social Security numbers or financial documents in a general contact message.

A bank offers its own loans. We say yes when others say no, so a bank's 'no' isn't the end of the conversation.

Banks usually need full tax returns. We offer bank statement, 1099, P&L-only and DSCR options.

Bank loans can take months. Unsecured capital through us can fund in as little as 24 hours after approval.

If you have strong tax returns, lots of time and a banking relationship, a bank can be a good fit. We can help you compare.

No. A bank fits you into its own narrow box. A local loan store looks at your whole scenario and says yes when others say no.

No hard credit pull is needed to see your options.