Available in Arizona, Colorado, Nevada, New Mexico and Texas.
For small business owners who need money quickly to start or grow their business, we offer Presto Loans from $1,000 to $40,000. Get a loan from a lender that wants your business to succeed just as much as you do. Our Presto Loan can be approved the same day, with next business day funding. So you can get funding for your business needs, exactly when you need it. (Without the crazy interest rates).
To qualify for a business term loan you must:
- Be at least 18 years of age.
- Have a credit score of 550 or higher.
- Not have any active bankruptcies or foreclosures in the past 12 months.
- Be current on your mortgage and vehicle payments.
- Proof of income may be required.
- Collateral may be required.
- Loan purpose must be for business use only.
- Additional criteria may apply.
- If you don’t have a FICO score, call us to discuss what options we may have to assist you.
If you don’t meet these basic requirements, we encourage you to check back after you’ve had a chance to strengthen your application. Or, if you have any questions, contact us at (800) 508-7624.
Accion is an award winning nonprofit organization dedicated to providing the tools entrepreneurs need to operate, grow or start their business. We pride ourselves on creating a community of support that not only increases access to business credit and makes loans, but also provides training to help entrepreneurs realize their dreams. Through consultations, loan closings and site-visits Accion’s team equips entrepreneurs with the knowledge, tools and confidence to build a strong business platform for a more secure future.