The Small Office - Home Office (SOHO) Loan Program is a service developed by Innovative Bank to promote the Small Business Administration’s Community Express loan program.
Program Highlights
No Business Plan
No Financials
7 year loan term
Great Rates! As low as prime + 3.99% (Starting at $82 per month)
No Pre-payment Penalty
Minimal Paperwork (1 page loan application)
Free to Low Cost Technical Assistance
Start-Ups can be approved
Some Historical Negative Credit may be Excused
10 - 15 Day turnaround for funding
Establish Business Credit
