Once we receive your signed credit application and documents you should have your pre-approval in 5-7 Business Days.
Business and Personal lines of Credit are disbursed 10-21 Days after application and documents received.
Business and Personal Installment loans are disbursed 21-30 Days after application and documents received.
SBA Equipment Loans are disbursed 45-90 Days after application and documents received.
If additional documents are requested then it will take 3-5 Business days for review of documents.
We finance a wide variety of commercial equipment. If it can make your business money, chances are we can get it financed for you!
The industry standard is typically 10%, however depending upon credit, type of equipment, and time in business.
We pull all (3) Credit Bureaus Experian, TransUnion and Equifax.
In Order to qualify for 0% APR Financing the borrower must meet the following requirements:
*750+ Personal Credit Score
*5+ Active Trade Accounts Reporting to All (3) Credit Bureaus
*Minimum $10,000 Per Trade Account
*5+ Years of Trade History
*Less Than (5) Inquiries in the last 24 Months
*No Negative Marks Reporting to Credit Bureaus in last 10 years
*Active personal bank Account showing $6,000+ income for the last 3 months
*Last (2) Years of Personal Tax Returns showing $75,000+ in Annual Income
*Utility Bill Statement with address and account numbers dated within the last (30) Days
*Provide Employer References within last 24 Months
If You are Applying with Business You will need to provide the following:
*Articles of Incorporation
*Business in Good Standing with State Department
*IRS EIN Number Form
*Business Phone Number
*Business Email
*Business Website
*750+ Personal Credit Score
*5+ Active Trade Accounts Reporting to All (3) Credit Bureaus
*Minimum $10,000 Per Trade Account
*5+ Years of Trade History
*Less Than (5) Inquiries in the last 24 Months
*No Negative Marks Reporting to Credit Bureaus in last 10 years
*Active business bank Account Showing $10,000+ revenue for the last (3) Months
*Last (2) years of Business Tax Returns showing $120,000+ in Annual Income
*Utility Bill Statement with address and account numbers dated within the last (30) Days
*2–3 shipper references from recent contracts within the past 24 months
PSG Lending Services is fully insured and works directly with Docusign and Experian, Transunion and Equifax to provide the most secure service. We do not send out your personal information without prior consent.
The total cost of your loan includes both the lender’s interest rate and PSG Lending Services one-time non - refundable service fees.
Our standard fees are:
Total PSG Lending Services Fees: up to 7% of the loan amount
These fees cover professional services such as loan structuring, document preparation, lender coordination, and closing support.
Third-party expenses (title, UCC filings, insurance, or legal fees) are separate and vary by deal.
PSG Lending Services acts as loan origination services. We are not a bank — we work with multiple lenders to structure and secure funding tailored to your business needs.
Our responsibilities include:
For SBA loans, all compensation is disclosed in accordance with SBA guidelines (e.g., SBA Form 159)..
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