QuickFi customers pay a low, fixed rate of interest for 100% financing of new business equipment including up to 25% software and soft costs. The exact annual percentage rate (APR) is stated in the mobile application, for each available financing option, before it is selected. The APR is based on the creditworthiness of each individual applicant. Existing customers with a timely repayment history may see increased credit limits and reduced interest rates based on our long-term relationship with you and your company. After a loan is consummated, if market interest rates change during the loan term, the payment amount remains fixed.
We use a series of data points to generate your interest rates. The more we know about your company and its credit profile, the lower your rates will be.
How they're determined and how you can lower them even more.
Written by QuickFi Support
Updated over a month ago