Many businesspeople are wary of purchase order financing, even though these loans can be highly positive. Hesitation toward using them is tied to numerous myths that are able to be debunked. Here are a few that should be swept...
VP Capital Lending is not a chartered bank or trust company, or depository institution. VP Capital Lending is not authorized to accept deposits or trust accounts, nor licensed or regulated by any state or federal banking authority. VP Capital Lending makes commercial, business-purpose loans.
Loans are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited in certain states. This is not a commitment to lend. All loans are subject to borrower underwriting and credit approval, at VP Capital Lending’s sole and absolute discretion.
Other restrictions apply. The specific facts and circumstances of each proposed loan transaction impact whether VP Capital Lending will be authorized to make loans in each applicable state.
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