Apply Online

Your first thought may be…
This is crazy!
With the Exit Plan Loan, a $1,000 monthly payment can fully repay your loan in under 22 weeks. In contrast, similar payments toward competitors’ working capital loans for 52 weeks may result in repaying over four times the original borrowed amount.
No wonder you can’t get your
working capital loans paid off!

Competition starts higher due to the cost of the loan is interest added in to the start along with a higher origination cost. Cost of funds is 1.650 vs 1.029
*1 – Three month term up owing $23,469 Adding 8% origination fee for new loan plus $395 doc prep multiplied by the 1.65 cost for a new loan of $39,040
*2 – Three month term up owing $27,040 Adding 8% origination fee for new loan plus $395 doc prep multiplied by the 1.65 cost for a new loan of $47,055
*3 – Three month term up owing $35,055 Adding 8% origination fee for new loan plus $395 doc prep multiplied by the 1.65 cost for a new loan of $59,687
*4 – Three month term up owing $47,697 Adding 8% origination fee for new loan plus $395 doc prep multiplied by the 1.65 cost for a new loan of $81,066

Exit Plan Loan has half the origination cost. 4% verses 8%
$1,600 verses $800. $800 Savings
The interest cost of the loans is 1.65 verses 1.029. Cost of the interest on $20,000 is
$13,000 compared to $580. $12,420 savings.
Over 6 months the cost difference is $980 verses $19,200
Since the extra costs of our competitors are so high, it required refinancing many more times. The amount owed actually goes up 4 X the original loan after one year of paying $52,000 in payments.
With Exit Plan Loans, you were paid off after 22 weeks. With our competitors, after 52 weeks of the same payment, over $80,000 would be owed. One $20,000 loans shouldn’t have $112,000 difference in cost
Using Exit Plan Loan could be the the most important move to make your company profitable for your company.

Exit Plan Loans doesn’t require a full approval process if you need additional funds. What if your current company stops approving your loans due to underwriting changes or ychanges in your company.

877-603-8060

info@cgloan.com

Comparison