We recommend that you closely view the terms of any loan offer you get. You Tube This link will open a new tab or window. All commercial loans and lines of credit are made by Citibank, N.A., an equal opportunity lender, and are subject to satisfaction of Citibank’s underwriting and credit approval. License #9546. A. cloudier says the key to success with banks is to show past profitability, and to describe a well thought-out plan for future profits. “If you need money for four trucks, ask for two,” cloudier says. We place no restrictions on how you use the money, that’s up to you. Citibank is an equal credit opportunity lender.
.>Q. Traditional financing programs and many private lenders have a very long and difficult approval process that far too often ends in a denial. In many cases, they make the lending process more convenient, with quicker turnaround, more transparent terms, and more flexible lending criteria. The equipment you are leasing is usually the collateral used in an equipment lease.. While this option might not be the best low interest business loan opportunity, lending criteria is usually less stringent than it is at traditional brick-and-mortar banks. Right now could be the best time to find a small business loan since the 2008 sub prime mortgage crisis. Due to state and verification requirements, not all applicants for on-line loans may be eligible for instant approval by CashNetUSA or third-party lenders.