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Frequently Asked Questions

What do I need to apply?

Basic business financials:
P&L, Balance Sheet, and supporting docs if needed.
We keep it simple—no unnecessary paperwork.

How fast is approval?

5–7 business days once we have what we need.

What are the terms?

3–10 year terms, depending on structure.

What do you look for?
  • Revenue consistency

  • Growth trajectory (YoY)

  • Forward projections
     

We underwrite businesses—not just credit scores.

What does Legacy Lending do?

We are a private credit fund deploying our own capital into middle and upper market businesses. No bank delays. No unnecessary hurdles. Just direct access to capital.

How much can I get?

Up to 35-50% of gross income.
Higher approvals depend on strength of annual recurring revenue.

Will applying affect my credit score?

No. Soft pull only.
No impact, no inquiry—just a review of your profile.

I already have funding—does that disqualify me?

No.
We either pay off existing positions and take senior, or layer in capital without disrupting your current debt.

What financing options do you offer?
  • Lump sum funding

  • Revolving lines of credit


Structures include:
 

  • Interest-only periods

  • Fully amortized payments
     

Built around your cash flow—not against it.

What are the rates?

Starting at 12% APR, based on profile and deal structure.

When do I get funded?

Same day once documents are signed.
No waiting around.

Any restrictions on use of funds?

None.
Use it for growth, working capital, or restructuring.
If we're refinancing, we handle payoffs and UCC removals in-house.

Can startups qualify?

Yes—if the numbers and projections make sense.

Is there a personal guarantee?

No.
This is corporate-backed capital only.

Prepayment penalties?
  • Interest-only period: small fee applies

  • Amortized term: no prepayment penalties

Restricted industries?

None.​

Is there a time-in-business requirement?

No.

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