Camino Financial Review
Qualify for a Small Business Loan. Camino Financial criteria is more flexible than a bank and their terms are based primarily on the cash flow of your small business, your credit score, and the use of funds. They help you understand your funding options and guide you to select the small business loan that is the best fit for you and your business.
Highlights
- Fast Funding in 2 Business Days
- No prepayment penalties
- No hidden fees
- Loan amount: $10,000 - $400,000
- Loan term: 24 - 60 months
- APR: 12.00 - 24.75%
- Minimum credit score: 550
About
Camino Financial’s mission is to catalyze economic growth within low-to-moderate income communities by empowering small businesses to create new jobs and grow sustainably. Camino Financial small business loans are more flexible in their requirements as compared to traditional bank loans. When they evaluate your application, they mainly take into consideration your personal credit and global cash flows of your business.
Requirements
- A registered business should be operating for at least 9 months
- Generate sales of $30,000 annually or $2,500 a month
- The small business owner must have a FICO credit score of 550 or more
Documents
- Your business bank statements for the last 6 months
- Your most recent business and personal tax returns (only for loans of 50K or above)
- Proof of business registration and business license
Representative example
Loan Amount $10,000, Period: 36 months, Monthly repayment: $458.04, Total amount repayable $16,188.37, APR: 24.75%
NB! The actual loan amount, term, and APR amount of the loan may vary based on credit determination and state law.
Additional information
Legal address:
309 E 8th Street,
Suite #601 Los Angeles, CA 90014
Phone number:
(800) 852-0655
