Frequently Asked Questions
Do you have a question? Check out the FAQ's below, if you aren't able to find the answer to your question feel free to contact us!
How much industry experience is required to qualify for a loan? Most lenders require at least 6 months of experience however depending on your situation our team can negociate for a start-up loan.
Do I need to have a registered Corp or LLC to apply? No, we can apply for a loan with your personal information if you do not have a registered business.
Do I need to be a citizen of the United States in order to qualify for a loan? No! You do NOT need to be a citizen, as long as you have right to work, you can apply. This includes green card holders and work permit holders.
What is the minimum loan amount that I can apply for? You can apply for a loan as small as $5K ($5,000).
I have a low credit score, can I still apply for a loan? Yes! You can still apply. Typically a 600 score or higher is required, if you have a lower score you can still be approved however the interest rate may be higher.
What documents are required to apply? You will need last 3 months bank statements, most recent tax returns, drivers license, invoice/bill of sale and equipment specifications.
Does L&A Capital Partners do private party transactions ? Yes we do!