South End Capital finalized a strategic capital partnership that will enable it to offer fast and affordable alternative business loans to its expanding client base.

“We are so thrilled to be able to offer businesses previously relegated to merchant cash advances, a better option,” said Managing Director Noah Grayson. “These new streamlined and affordable small business loans are a breath of fresh air in an industry inundated with prohibitive capital.”

The program offered through South End Capital can provide loans from $5,000 to $300,000 with fixed monthly payments for one to five years. The loans carry no prepayment penalties, are priced at 5.99% to 29.99% APR and can close in less than five days.

According to Grayson, “These are light documentation loans with minimal paperwork and they require no hard collateral. Applicants with fair or better credit who have been in business for more than one year can apply and receive funds for working capital, expansion, debt consolidation, equipment and other business uses.”

Founded in 2009, South End Capital is a nationwide, non-conforming lender providing commercial and investment-residential real estate loans, bridge loans, business loans and merchant cash advance (MCA) consolidation loans.