Funding and Program Disclosures
The Final Loans offers three direct-lending programs and a separate Loan Modification service. This page explains important program information and the limitations of website descriptions.
Direct-Lending Programs
For Personal Funding, Business Funding and Business Line of Credit, you apply directly to The Final Loans. Our team reviews the application in-house, makes the lending decision and provides approved financing according to the applicable agreement.
Eligibility criteria describe the current programs. Meeting a stated threshold does not guarantee approval, the maximum advertised amount or a particular rate.
Personal Funding
Personal Funding is unsecured financing for qualified applicants.
- Funding amount: $10,000 to $500,000.
- Minimum credit score: 670.
- Terms: up to 7 years.
- Upfront fee: none.
- Typical funding timeline: 2 to 5 days.
- Application: complete the loan application provided by The Final Loans.
There is no single published rate that applies to every applicant. The rate and final terms depend on the applicant profile, credit history and other relevant factors reviewed by The Final Loans.
The amount and terms available to an individual applicant are determined through review and documented in the applicable agreement.
Business Funding
Business Funding is unsecured financing for qualified businesses.
- Funding amount: $10,000 to $1,000,000.
- Minimum credit score: 600.
- Minimum time in business: 6 months.
- Terms: up to 5 years.
- Upfront fee: none.
- Funding timeline: same-day funding may be available.
- Required materials: completed business loan application and the most recent 3 months of business bank statements.
There is no single published rate that applies to every business applicant. Rates and final terms depend on the application and relevant credit, banking and business information.
Same-day funding is not a promise that every application will be reviewed, approved and funded on the day it is submitted.
Business Line of Credit
Business Line of Credit provides a revolving facility subject to approval and the applicable credit agreement.
- Credit limit: $10,000 to $2,000,000.
- Minimum credit score: 650.
- Minimum time in business: 6 months.
- Terms: up to 5 years.
- Average interest-rate range: 3% to 13%.
- Upfront fee: none.
- Funding timeline: same-day funding may be available.
- Required materials: completed business loan application and the most recent 3 months of business bank statements.
The published 3% to 13% figure describes an average interest-rate range. It is not represented as APR and does not guarantee the rate available to a particular applicant.
An approved credit limit is not necessarily the amount available to draw at every point in time. Draws, repayments, available credit and continued access are governed by the credit agreement.
Loan Modification
Loan Modification is a separate service for qualifying existing unsecured business debt and merchant cash advance obligations.
- Minimum qualifying debt: $20,000.
- Scope: qualifying business debt and MCA obligations.
- Service fee: none.
- Typical timeline: 2 to 5 days.
- Required materials: completed application, the most recent 3 months of business bank statements, and agreements or contracts with existing lenders.
The Final Loans reviews existing obligations and negotiates with the lenders involved to seek more manageable repayment arrangements.
Depending on the circumstances and lender agreement, negotiations may address payment frequency, repayment term, interest or charges, principal and other applicable terms.
Where the approved arrangement provides for it, the customer makes one payment to The Final Loans, and The Final Loans handles the agreed distribution to participating lenders.
Important Limitations
Loan Modification:
- Is not a new personal or business loan.
- Is not presented as a new consolidation loan.
- Does not cover personal unsecured debt.
- Does not guarantee lender participation or acceptance.
- Does not guarantee reduced principal, lower interest, lower payments, savings or a particular outcome.
- Does not automatically suspend existing payments or collection activity.
The stated timeline is an estimate, not a guarantee that all negotiations or payment arrangements will be completed within that period.
Existing lender obligations remain in effect unless changed through the relevant written arrangement. Do not stop payments solely because you have submitted an application or requested information.
Rates, Fees and Total Cost
"No upfront fee" does not mean that financing is interest-free or has no other cost.
Before accepting financing, review the written documents for the applicable rate or pricing method, fees, payment frequency, repayment term, total obligation and any conditions.
The actual financing agreement and required disclosures establish your obligations. Ask our team to explain any item you do not understand before proceeding.
The Loan Modification service's stated absence of a service fee does not erase amounts owed to existing lenders unless the relevant lenders agree to a change.
Funding and Service Timelines
Published timelines describe the current program expectations. Actual timing depends on the circumstances, including complete information, review, approval, execution of required documents and the steps needed to release funds or implement an agreed modification.
Submission of an application is not the same as approval or completion of those steps.
Review Before You Proceed
Before accepting an offer or service arrangement, understand:
- The amount approved and the amount you will receive or can access.
- The applicable interest rate or pricing method.
- Fees and other charges.
- Payment frequency and repayment obligations.
- The term and conditions of the agreement.
- Responsibilities under any Loan Modification arrangement.
Questions
For clarification about a program or these disclosures, contact:
Email: [email protected]
Phone: +1 (512) 960-4235
Related pages: Privacy Policy and Website Terms.