Check out the guidelines for Torro’s SLOC:

• Credit Score of 680+
• Funding Range: 1K – 100K ; Avg. 50K
• No Outstanding Charge-Offs
• Good Payment History
• At Least A Year of Individual Credit History
• Hard Inquiries: 4 or less in the last 6 months
• No Time in Business Required – Great for Start-Ups!
• No Revenue Requirements
• No Restricted Industries – We fund it all!
• Co-borrowers Accepted
• Term Loan Options Available

Funding Process Explained:

Initial Submission

• Credit Report
• Soft Inquiry for Pre- Approval

Approval

• Within 2-3 hours
• Consultation to cover offer and stipulations
• E-sign contract

Final

• Compliance call
• Bank submission
• Funded