Expedited Loans for Small Businesses
RSI Bank offers an expedited process for small business loans or lines of credit for $100,000 or less.
- Loans with terms of up to 5 years
- Working capital lines of credit for up to 2 years
- No annual clean-up requirement on lines of credit
- Consolidated application
- Rate is not dependent on credit score
- Fast turnaround, local decision-making
A Difference That Can Save You Money
Other lenders may charge a percentage of the amount borrowed as a monthly fee. Fees can range from 1.5% to 10%!1
RSI Bank charges a simple one-time application fee: $125 for loans or lines of credit up to $50,000, and $250 for amounts between $50,000 and $100,000.
Other lenders may base interest rate on credit score.
Other lenders may charge a higher rate of interest to borrowers with lower credit scores.
RSI Bank requires borrowers to have a credit score of 675 or higher to qualify for this program.2 We don't penalize borrowers by scaling interest rates based on credit scores.
Speak with a Business Development Officer
1 A competitor's website states that it charges a maximum interest rate of 10% for each month, and its third-party partners may occasionally charge up to an additional 1.5% for each month.
2 Credit score is one factor reviewed by RSI Bank when considering an extension of credit. Please speak with a Business Development Officer for a complete list of requirements.