PayPal Business Loan

– Entity in good standing with Secretary of State

– Business credit history

– EIN number with IRS

– Business address- matching everywhere.

– D&B Number

– Business License- if applicable

– Business Bank account

– Bank references

– Last 4 months of the business bank statement

– At least 9 months in business

– Must have a good Experian business credit score

– Must have at least 580 Fico score

– At least $2,750 of monthly gross sales on average for the past 4 months

– At least $33k of annual sales

– Must have a business checking account

– A ‘soft’ inquiry will be made on the business contact or Responsible Party’s personal credit history but it will not show up on consumer credit report. If concerned about it, please talk to their credit department before applying.

To Apply: Online or over the phone

Paypal Credit – 1-844-373-4961

Working Capital- 1-877-981-2128

Terms:

Revolving (Paypal Credit)

Loan (Working Capital)