Troy Business Group
Troy Business Group is a financial service company that focuses on assisting the small business community. This company has its headquarters in Miami, with a branch in New York City as well. The major loan products it offers are business term loans, lines of credit and SBA Financing. Troy Business Group is known to be a full-service financing Firm that follows unsecured business capital.
For the line of credit service, the borrowing limit is from $5,000 to $250,000. The need for collateral such as inventory or real estate does not arise because loans from this company are unsecured, and that also means lower credit limits. Loans taken can be used for paying unexpected expenses, managing regular ones, or purchasing inventories.
The term of a business loan is from 36 to 60 months, and business owners can get one if they have good credit, no judgment issues or tax liens, and a history of being in business for at least 3 years according to the current EIN Number or Tax ID. SBA loans offered by Troy Business Group can be used for refinancing an existing loan, opening at a new location, or hiring additional employees.
In April 2019, Trustpilot ranked the company 221st out of the total 348 non-bank finance companies it had listed on its website, and gave it a TrustScore of 8.3 out of 10.