QuickFi® clients pay a low fixed rate of interest for 100% financing of new business equipment including up to 25% software and soft-costs. The exact annual percentage rate (APR) is stated in the mobile application, for each available financing option, before it is selected. The APR is based on the creditworthiness of each individual applicant. Existing customers with a timely repayment history may see increased credit limits and reduced interest rates based on our long-term relationship with you and your company. After a loan is consummated, if market interest rates change during the loan term, the payment amount remains fixed.
What additional fees will we pay?
- There are no loan fees.
- There are no charges relating to documentation, loan initiation, lien perfection, UCCs, etc..
- If repayment is timely, the borrower will pay no additional fees.