Have you ever needed money in a pinch? We've all been there - without the necessary funds needed to fix the car,
pay the utility bill, take a well-deserved vacation, or even finance a promising new business venture.
We have the financial resources to fund your immediate monetary needs. Our financial resources include:
Applying for the loan is easy. And the lenders provided for you are dependable, customer-service oriented, and hungry for your business-which ultimately
means lower rates for you!
At first glance, 0% financing appears to be the best option when purchasing an auto. However, if you choose to finance through a bank or credit union you may
be eligible for a dealer rebate. Use this calculator to help determine which is the best option based on when you anticipate selling your car and purchasing a new one.
Common Loan Terms and Their Definitions
Assets : Anything to which value can be assigned. Real or personal property which can be appropriated for the payment of debt.
Bridge Loan: Short-term loan secured by the borrower's current home, that provides temporary financing until more permanent financing is available. Can also be called a swing loan or gap loan.
Capital: Accumulated money or resources that can be used to generate further wealth.
Debt: An amount of money owed for services or funds borrowed. Debts may be owed to an organization, individual, or bank.
Due Diligence: Research or analysis to confirm all facts presented by a borrower, including the verification of all material facts including financial statements and income in regards to a sale.
Interim financing: Short-term loan to provide temporary funding until more permanent financing is made available.
Loan Agreement: A written contract between a lender and a borrower that lists the rights and duties involving each party.
Negative Covenants: Statements of actions or events of the borrower must prevent from occurring that would violate the terms of the original contract.
Promissory Note: A legal contract binding the borrower's promise to payback the lender.
Term: The duration of time where loan payments must be paid until the lender receives final repayment.