Check out the guidelines for Torro’s SLOC:

• Credit Score of 680+
• Funding Range: 1K – 100K ; Avg. 50K
• No Outstanding Charge-Offs
• Good Payment History
• At Least A Year of Individual Credit History
• Hard Inquiries: 4 or less in the last 6 months
• No Time in Business Required – Great for Start-Ups!
• No Revenue Requirements
• No Restricted Industries – We fund it all!
• Co-borrowers Accepted
• Term Loan Options Available

Funding Process Explained:

Initial Submission

• Credit Report
• Soft Inquiry for Pre- Approval

Approval

• Within 2-3 hours
• Consultation to cover offer and stipulations
• E-sign contract

Final

• Compliance call
• Bank submission
• Funded

Start Up And Existing Business Term Loans and Cash Lines Of Credit Available!

• Start Up Term Loans,
• Fixed Monthly Payments,
• Line of Credit and Start Up – Use funds for any purpose,
• any type business,
• Start up rates average 7-13%,
• No upfront fees,
• Start Up approvals to $250,000 per individual,
• Anyone with 680+ FICO may apply for Start Up funding, including partners or family members of business owner, and
• No time in business, revenue or collateral requirements.

• Funding Start-Ups and Existing Businesses
• Advance Rates Up to 95%
• Discount Rates from .35-.63%
• Start-Up Funding to $25MM Lines
• Over 1 Billion in Staffing Funding Alone
• Over 20 Years Funding Temporary Staffing Businesses
• Advised in Over 1 Billion in Staffing and M&A
• We Provide Funding Lines for Businesses Big or Small
• We’ll Help You Build Sustainable Funding Products into Your Brokerage Business!