Monroe Funding Corp

Loan programs

Terms & qualification

Typical loan size

$50K – $1M

Typical term

1 mo – 24 mo

Interest rate

12% – 15%

Origination / points

1% to 2%

Lien position

1st

Prepayment penalty

1% in the first year only

Payment structure

Interest Only

Recourse

Always

Closing speed

7 days typical · 7 days fastest

Prepayment structure

None

Cross-collateral

Yes

Equity / JV capital

No

Income documentation

Loan Application

Borrower entity

Individual(s), LLC, Corporation

Lending footprint