Skip the hassle. Fund your Business with a Loan from AOF.
Application process
We want to ensure you feel ready and prepared to apply for a loan. Let us walk you through the basic steps we’ll take together so that you know what to expect.
-
Step 1: Apply Online
Get a quote without impacting your credit score. Be prepared to share business revenues and expenses. Pulling numbers from your tax returns can help.
-
Step 2: Review Your Offers
We’ll share offers you can choose from with different term lengths, monthly repayments, and interest rate options.
-
Step 3: Finalize Your Loan
Once you’ve chosen an offer, we’ll ask for final documentation and verify. We’ll review and come back with a final offer and loan agreement. Upon signing, you’ll get the money you need for your business!
What is required to Apply?
Tip for Success: When applying for a loan, it’s recommended that businesses borrow no more than 10-20% of annual revenue to maintain financial health.
Time in Business
Minimum 1 year in business
Revenue Generate
Minimum $200,000 in annual sales
Ownership
Own at least 20% of the business
FICO Score
Minimum 600+ FICO SCORE