ApplePie Capital is a financing platform dedicated to franchise businesses. It provides conventional, equipment, and small business administration (SBA) loans through a diverse lender network. In this article, we cover ApplePie Capital reviews and rates. Ready to get started? Visit its website.
ApplePie Capital Pricing
ApplePie Capital pricing details are not readily available on its website. However, according to a third-party website, interest rates range from 7.75% to 12% depending on the amount and type of loan. It also charges a 4.5% origination fee and a 0.5% processing fee. The annual percentage rate (APR) is between 9% and 16%.
The company offers fixed and variable rates with five to 10 years in payment terms. Loans for new units, refinancings, recapitalizations, remodels, and acquisitions start at $100,000. For qualified borrowers of equipment financing, loans can start at $15,000. All charges and conditions will be outlined in detail as options are presented in the loan selection process.
Ready to get started with ApplePie Capital? Visit its website.
Top ApplePie Capital Alternatives
Rollover for Business Startups (ROBS) funding from retirement savings
Quick financing for franchises up to $2 million
Entrepreneurs looking to fund a franchise with ROBS or ROBS + SBA loans
Traditional bank financing for repeat franchisers
SBA loan marketplace for low-cost financing in 30 to 45 days
Summary of ApplePie Capital Reviews
As of the date this article was written (September 11, 2019), there are no up-to-date ApplePie Capital reviews online. If you are a past or current ApplePie Capital customer, leave a review to help other small business owners who are deciding whether or not to use the company.
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ApplePie Capital Features
Check out the list below of some of ApplePie Capital’s features:
- SBA and conventional loans
- Fixed and variable rates
- 5- to 10-year payment terms
- All 50 states
- New and existing businesses
- Interest-only grace period on new units
- Flexible collateral options
- And more
ApplePie Capital FAQs
Does ApplePie Capital charge prepayment fees?
ApplePie Capital does not charge prepayment fees. Borrowers don’t have to pay additional fees if they decide to pay the loan off early.
Can borrowers obtain financing for a nonfranchise business?
ApplePie Capital is exclusive to franchise businesses except for equipment financing for a few select industries and vendor referral programs.