Need a Loan Provided by The Paycheck Protection Program or Try These NonBank Lenders

Paul

Paul

Total Posts: 183

Published Date: December 1, 2021

Non-Bank Lenders

The world is in a critical stage of the Covid-19 Pandemic ravaging the entire globe. This is an occurrence that has thrown even the world powers into a state of confusion that was never envisaged. As a result of this, there has been a whole lot of relief packages and palliatives that the government has been throwing at their citizens as a way of assistance to help people survive this trying time.

Businesses have been shut down, and countries are taking out loans to combat this pandemic and put things in order. For example, the first round of the $349 billion funding for the Paycheck Protection program was exhausted in less than two weeks. This led to the Health Care Enhancement Act and the Paycheck Protection Program being signed into law with an additional $310 billion being set aside to help small businesses stay afloat and pay their employees to avoid loss of jobs. This is to keep the unemployment rate at bay.

Paycheck Protection Program

The United States Small Business administration is now accepting applications from registered and approved Paycheck Protection Program (PPP) to accommodate as many lenders as possible. The loans to be provided in this round are meant to be used to provide financial assistance to small businesses since it was said that the initial funding focused more on big businesses and individuals who already have an existing relationship with big banks.

This new funding sets aside $60 billion for credit unions, small and medium scale businesses, community banks, and other less conventional lending companies that are not approved by the SBA. For individuals and small-scale businesses who have not been able to apply for the PPP loan through regional or national banks, here are some non-traditional and nonbank options available; we have the BlueVine. Centerstone SBA Lending, Fountainhead, Funding circle, Harvest Small Business Finance, Lendistry, PayPal Holdings, OnDeck, Square Capital, Ready capital, and VelocitySBA among others.

Online Title Loans From TFC

One non-bank lending company that you can rely on in this trying time is TFC Title Loans. We understand the peculiarity of this time and we are fully prepared to serve our customers with the right lending assistance that can help them get through this difficult time. Whether you are a business owner, an individual, or a corporate body that needs funding to stay afloat and keep employees on your payroll, TFC Title Loans is where you should be.

Our interest rate has been revised to suit this time where we have the pandemic ravaging the world. We provide car title loans that enable our customers to borrow against the equity in their car using the vehicle title as collateral while they are paying off the loan. This means that they can still get to cruise around town in their car all that we will take into our possession is the title of the car.

A lien is placed on the car and as soon as the loan is completely paid off we will lift the lien and issue a lien-release to serve as proof that they are no longer owing on the car. To make it as easy as it gets, we do not charge a prepayment fee. This means that our customers can pay off the loan as soon or fast as they can without attracting any additional charges.

Our Loan agents are friendly and will help you all the way.

Applying for our title loan online is as simple as you can ever imagine. It only takes a few clicks to fill the online application form, submit it, and we will get in touch with you to complete the process.

We offer same-day funding and you are guaranteed that we will not keep you waiting in line. We treat each application as they come in so you have nothing to worry about.

How to Vet Lenders During This Period

We are in trying times and it will not be a good experience to fall into the hands of lenders that will scam you. Hence, it is important to be careful and vet the lenders you are dealing with.

Ensure that the loan company you are dealing with is approved, registered, and licensed. Do well to ask the right questions before proceeding with your applications. Title loans near me are deeply committed to helping you during these uncertain times by applying on their fully online application so you can ensure to stay at home and be healthy.

Ask questions to know if there are prepayment charges, find out what percentage of the loan is funded. Asking these questions can go a long way in ensuring that you don’t fall into the hands of lenders that will swindle you and end up complicating your financial woes especially during this difficult time.

This article was brought to you by TFC Title Loans, we try to bring to you the most informative information. If you are interested in getting a title loan, we are able to help you with our large referral network.

We will help you to get the most money by using the equity that you have in your vehicle, the application is fast and we can provide you with same-day funding.

All of our referral partners are in compliance with the CFPB. We will help you to get the money that you need but from a trusted and reliable title lender.

With TFC Title Loans, you are safe and secured. We work in the best interest of our customers to ensure they are able to make the most of their loans. We will take the time to understand you so that we can know how best to serve you.

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Disclosures

DISCLAIMER: As our policy to make sure you know what we do and what are our limitations, we offer you these disclaimers. We are NOT A LENDER and we do not make short term cash loans or credit decisions. We are a referral service and work only with licensed lenders/brokers.

We may act as the broker for the loan and may not be the direct lender. Loan proceeds are intended primarily for personal, family and household purposes. We do not offer or service student loans.

*Loan amounts by the lenders vary based on your vehicle and your ability to repay the loan.

*Since we do not lend money directly we cannot offer you a solicitation for a loan, except in the state of California. In all other serviced states we WILL match you with a lender based on the information you provide on this website. We will not charge you for this service and our service is not available in all states. States that are serviced by this Web Site may change from time to time and without notice. Personal Unsecured Loans and Auto Title Loans are not available in all states and all areas.

*Auto Title Loan companies typically do not have pre-payment penalties, but we cannot guarantee that every lender meets this standard. Small Business Loans typically do have pre-payment penalties and occasionally will use your car as collateral to secure the loan.

*All lenders are responsible for their own interest rates and payment terms. TFC Title Loans has no control over these rates or payments. Use of the work competitive or reasonable does not mean affordable and borrowers should use their own discretion when working directly with the lender.

*The amount of people who applied for a loan and we helped and those who received a loan is not the same. We cannot guarantee we will find a lender who will fund you.Just because you give us information on this web site, in no way do we guarantee you will be approved for a car title loan or any other type of loan. Not all lenders can provide loan amounts you may see on this web site because loan amounts are limited by state law and/or the lender. Some lenders may require you to use a GPS locator device on your car, active all the time. They may or may not pay for this or charge you for this. This is up to the lender and we have no control over this policy of the lender. Typically larger loans or higher risk loans use a GPS.

*In some circumstances faxing may be required. Use of your cell phone to receive updates is optional.

*Car Title Loans are expensive and you may have other ways to get funding that is less expensive. These types of loans are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long term solution. Residents of some states may not be eligible for a loan. Rejections for loans are not disclosed to our firm and you may want to contact the lender directly.

*Car Title Loan lenders are usually licensed by the State in which you reside. You should consult directly with these regulatory agencies to make sure your lender is licensed and in compliance. These agencies are there to protect you and we advise making sure any lender you receive money from is fully licensed.

*Trading Financial Credit, LLC dba TFC Title Loans, Car Title Loans California, Dineromax. If you are using a screen reader and are having problems using this website, please give us a call at 1-844-242-3543 for immediate assistance.

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