Term loan
Term loan
A lump sum from a lender. You pay it back on a set schedule.
Lump sumSet scheduleIn the business name
The lender reads your time in business, what comes in, and how you have paid.
Business loans go to files lenders can read.
Denied a business loan? It was never you. It was a thin file. ThickAFCredit is not a lender. We build the file, then introduce you to independent lenders.
- No payment
- No credit pull
- No obligation
Not a lenderLender-readyThat is what the buildout is for.
Four kinds of business loan, in plain English.
Descriptions, not offers. Rates and terms are set by the lender.
SBA-backed loan
SBA-backed loan
A loan made by a bank or other lender and backed in part by the U.S. Small Business Administration. The SBA does not hand out 7(a) loans itself. You apply through a lender.
Made by lendersBacked in part by the SBAPrograms: 7(a), 504, Microloan
You work with the lender, and the lender decides.
Equipment financing
Equipment financing
A loan or lease for equipment. The equipment itself usually backs the deal.
Loan or leaseTied to the equipment
The lender reads the business and the equipment.
Invoice financing
Invoice financing
An advance against invoices your customers have not paid yet.
Advance on unpaid invoicesTied to your customers paying
The lender reads your invoices and who owes them.
One more you will hear about: the merchant cash advance.
It is an advance repaid from a share of your future sales. It is not a loan. Know the total you will pay back before you sign anything.
Why good businesses still get a no.
A score is one number. The file behind it is what a lender reads. Lenders read credit history, business financials and your ability to repay.
When few accounts report, there is little to read. That is a thin file, and a thin file can be built.
Get lender-ready before you apply again.
Clean the file.
AGT-01 reads the whole file and flags what is blocking approval. Then the disputes go out across all 3 bureaus.
See Phase 1Build the profile.
LLC and EIN if you need them. 15 or more net-30 vendors that report. A DUNS file and a PayDex target of 80 or higher within 4 months.
See Phase 2Lender introductions.
Your Director introduces you to independent lenders whose published criteria match your rebuilt file. Every decision is the lender's.
See Phase 3Where the buildout endsLender-ready
A clean file. A real entity. Vendors reporting. Documents waiting. Then the introductions.
Book my free game-plan call- Clean the file
- Build the profile
- Lender introductions
Does ThickAFCredit offer business loans?
No. ThickAFCredit is not a lender. We build the file lenders read and introduce you to independent lenders whose published criteria match it.
I was denied a business loan. What now?
Find out why first. AGT-01 reads your whole file and flags what is blocking approval. Then the team cleans it and builds it before any new introduction.
Are SBA loans made by the government?
Not the main ones. SBA-backed loans are made by banks and other lenders. The U.S. Small Business Administration backs part of the loan for the lender. You apply through the lender, and the lender decides.
Do I need business credit to get a business loan?
That is the lender's call. Lenders read credit history, business financials and your ability to repay. A thick business file gives them more to read.
Will I need a personal guarantee?
That is the lender's call. Some lenders offer no-personal-guarantee options. Where they do, we point you to them.
Walk back in with a thick file.
It starts with one free call. A real person. A real plan for your file.
A file gets thick with time. The sooner the first vendor reports, the sooner it counts.
- You talk with a human Director
- We reply within 1 business day
- Detroit-built. Open to founders across the US.
Your game-plan call request is in.
Your Director will reply within 1 business day to schedule. No payment. No credit pull. No obligation.
Find my starting point while I waitYour form is open. Close it to see it here again.