South End Capital to Provide Fast Business Loans with Rates from 5.99%

By , in PR PR Los Angeles on .

The loans carry no prepayment penalties, are priced at 5.99% to 29.99% APR, and can close in less than five days.

LOS ANGELES

South End Capital Corporation (SECC) announced today it has finalized a strategic capital partnership that will enable SECC to now offer fast and affordable alternative business loans to its rapidly expanding client base.

“We are so thrilled to be able to offer businesses previously relegated to merchant cash advances, a better option,” stated SECC Managing Director Noah Grayson. “These new streamlined and affordable small business loans are a breath of fresh air in an industry inundated with prohibitive capital.”

Grayson explained that these loan terms are manageable for any small business. The innovative program offered through South End Capital can provide loans from $5,000 to $300,000 with fixed monthly payments for one to five years. The loans carry no prepayment penalties, are priced at 5.99% to 29.99% APR, and can close in less than five days.

And there is more good news, according to SECC’s Grayson: “These are light documentation loans with minimal paperwork and they require no hard collateral. Applicants with fair or better credit who have been in business for more than one year can apply and receive funds for working capital, expansion, debt consolidation, equipment and other business uses.” Those interested in learning more or applying can do so on the South End Capital website.

ABOUT SOUTH END CAPITAL CORPORATION

Founded in 2009, South End Capital Corporation (SECC) is a nationwide, non-conforming lender (CA Finance Lenders License # 603 L334) providing commercial and investment-residential real estate loans, bridge loans, business loans, and merchant cash advance (MCA) consolidation loans.

SECC has been named “Best” and one of the “Top Ten Best” hard-money / bridge lenders in the US, by fitsmallbusiness.com and toptenreviews.com, respectively. SECC offers easy online applications, excellent service, prompt responses, generous compensation to approved partners, and custom-tailored loans. Visit http://www.southendcapital.com or contact Noah Grayson at (888) 268.7778 x 5 / noah(at)southendcapital(dot)com.

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Sarah Thompson

Sarah Thompson

Sarah is a financial reporter, focusing on technology, national security, and policing. Before joining Daily Telescope she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.
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