How to Qualify for a Crestico Loan Program
Whether you’re seeking financing for your business or a real estate investment, you’ll first need to meet the specific qualifications and requirements for each loan program.
Specialized Commercial Loans | Hard Money & Portfolio Options?
Our dedicated team of experts will support you through the entire process, from application to funding.
Below you find a list of our financing program’s criteria and required documentation.
Merchant cash advance
Minimum of 12 months in business
At least $30,000 in credit card sales
Fewer than 7 days per month with negative balances
No minimum credit score required
Revenue-based business loans
Minimum of 12 months in operation
Monthly revenue of $30,000 or more
Fewer than 7 days per month with negative balances
No minimum credit score required
Start-up Business Loan or Personal Loan
Credit utilization below 45%
At least 5 active tradelines
Minimal recent credit inquiries
Equipment financing
Monthly revenue of $30,000 or more
Credit score of 550 or higher
Invoice must be for business-related equipment
Minimum of 6 months in operation
Hard money real estate loans
Loan amounts ranging from $100,000 to $50,000,000
Purchase or cash-out refinance with LTV between 60% and 80%
Property must be located in the U.S.
Non-owner occupied investment property
Commercial real estate mortgages
Loan amounts ranging from $100,000 to $50,000,000
Purchase or cash-out refinance with LTV between 60% and 80%
All property types eligible
Minimum credit score of 580
SBA 7a Loan
Loan amounts ranging from $200,000 to $5,000,000
Minimum credit score of 680
At least 2 years in business
Demonstrated profitability on business tax returns
Business Loan Consolidation
Refinance amounts ranging from $50,000 to $5,000,000
Minimum credit score of 550
At least 1 year in business
No history of default