Credit Builder Loan
Our Credit Builder Loan is made with small business owners and entrepreneurs in mind
In the business world, accessing affordable capital is vital. If you’ve faced challenges securing loans due to your credit score the HEF Credit Builder Loan is your solution.
We offer a low interest rate of 12%, compared to the typical 36% typically associated with credit builder loans, combined with reasonable origination fees, and a 6 to 12-month repayment period. As you repay the loan, we report the information to the three credit bureaus to help increase your credit score.
Loan amounts of up to $5,000 will help provide the funding needed to nurture your business dreams.
Get a fresh start to build your credit score with the HEF Credit Builder Loan.
Financing Terms
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Loan Amount
Up to $5,000
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Loan Terms
6-12 months
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Interest Rate
12% Fixed
Loan Use
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Equipment and Machinery
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Inventory
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Working Capital
Eligibility
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Must be in operation for at least 3-6 months
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Must be able to provide a business plan which includes 12 months of projected income
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Must file personal taxes within the past 3 years
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Must be able to provide additional source of income
Additional eligibility requirements may apply.