Currently, capital is very scarce. RFC must be very selective in approving loans.
Loan
applications are generally processed within 30 days
Funding
occurs at the end of every month
Funding is
by wire transfer of immediately available funds
Loan term depends on circumstances: 18 - 36 months is typical.
Loan rates depend on the market rates and other risk analysis factors.
Currently rates are in the high teens.
An application fee is required.
Other fees may be applicable on takedown of the loan.
Loans are repaid via electronic
ACH by your Processor directly from your Residuals
Once signed up with RFC, you can borrow more once your
residuals & metrics allow it.
Many satisfied customers
