I've had my business checking account with them for 2 years.
Got a pre-qual letter in the mail up to 35k. Applied last night for 25k, got a phone call this morning approved for 20k and the only thing they needed was for me to accept terms, 15.99% APR and $150 application fee, EX was pulled.
This is a 2 year product, year 1 it acts as a regular line of credit where you can draw from, weekly payments every Friday debited automatically from your business checking account, 2% + interest.
At the end of year 1 any remaining balance will convert to an installment loan amortized over 52 weeks with the same rate, at that point you won't be able to draw anymore.
