HOW TO APPLY?
STEP 1: Check if you meet all our CRITERIA.
STEP 2: Check if you have all the REQUIREMENTS.
STEP 3: Use this link http://bit.ly/AlphaLoanForm to out the form and submit your full name together with time of application to us online or in office.
STEP 4: If we are satisfied with the details on your loan form, then you can proceed to pay your transfer fee, submit your account details and sign the loan contract online or face to face.
STEP 5: Wait to get credited.
If you have all the REQUIREMENTS and your VERIFICATION is successful, you will get credited in less than an hour.
For more inquiry, kindly message us on our:
FACEBOOK PAGE Alpha Loan Finance
EMAIL info@alphaloanfinance.com
CONTACT US +13232860779
1: Any country can apply
2: Be over 18 years old
3: Be in permanent employment, self employed, receiving a pension or disability benefit/living allowance.
Kindly note that you will not be considered for a loan if you do not meet our criteria.
Important REQUIREMENTS or INFORMATION to be submitted
1: ID Card or any legal means of identification (front and back)
2: Clear selfie of you holding your ID card.
3: what payment method do you wish to use and receive your loan, together with your account details?
4: Transfer fee payment, account details submit and loan contract signing online or face to face. Note that you will receive a refund if you do not get credited after 24 hours.
5: Prove of employment or self-employed. Citizen of USA are adviced to submit any of the following documents W2 Form, Form 1040, Form 1065, Form 1120 or LLC document.
Kindly note that you will not be considered for a loan if you do not have all requirements needed.
TERMS AND CONDITIONS
Terms and conditions for each loan
Personal Loan $1,000-$15,000, interest rate 5% annually, and repayment period 2year.
Student Loans $10,500-$20,000, interest rate 5% annually, and repayment period 3year.
Business Loan $50,000-$500,000, interest rate 5% annually, and repayment period 5year.
Home/Maintenance Loan $50,000-$500,000, interest rate 5% annually, and repayment period 5year.
Customized loan: In this case you choose how much loan you need and how long you want it to last.
How much to pay monthly?
For instance you borrowed $5000 personal loan, to know your monthly payments, you just have to divide $5000/24months. Interest not included yet.
LOAN INTEREST, MONTHLY REPAYMENT AND PENALITY CALCULATION?
For in stance you were given a loan of $500,000 at 5% interest rate annually for 5years.
A: What will be the total interest to repay in 1 year and 5years?
B: What will be your monthly repayment for the next 5years?
C: Since our late repayment interest for one month is 1%, what will be the total interest incurred if the late repayment was for two months?
Solution
A:
Loan Amount Given=$500,000
Annual Interest Rate=5%
Total Interest For 1years=?
Total Interest For 5years=?
Total Interest For 1years=(5%)500,000.
=0.05×500,000.
Total Interest For 1years=$25,000.
Total Interest For 5years=5×25,000
Total Interest For 5years=125,000
B:
1year=12months
5years×12months=60months
Loan Amount Given=$500,000
Total Interest For 5years at 5% interest rate annually=$125,000
Monthly Repayment?
Monthly Repayment=(500,000+125,000)÷60
Monthly Repayment for 500,000 at 5% Interest rate annually=$10,417
C:
Monthly repayment for 500,000 at 5% interest for 5years=$10,417
Late repayment interest rate=1%
Total penality interest for 1 month=?
Let total penality for 1 month be be x
X=(1%)10,417
X=0.01×10,417
X=105
Since we wants to know total interest for 2 month
Total penality interest for two months=2months×X or 2×X
=2×105
=$210
LOAN INTEREST, MONTHLY REPAYMENT AND PENALITY CALCULATION?
For in stance you were given a loan of $500,000 at 5% interest rate annually for 5years.
A: What will be the total interest to repay in 1 year and 5years?
B: What will be your monthly repayment for the next 5years?
C: Since our late repayment interest for one month is 1%, what will be the total interest incurred if the late repayment was for two months?
Solution
A:
Loan Amount Given=$500,000
Annual Interest Rate=5%
Total Interest For 1years=?
Total Interest For 5years=?
Total Interest For 1years=(5%)500,000.
=0.05×500,000.
Total Interest For 1years=$25,000.
Total Interest For 5years=5×25,000
Total Interest For 5years=125,000
B:
1year=12months
5years×12months=60months
Loan Amount Given=$500,000
Total Interest For 5years at 5% interest rate annually=$125,000
Monthly Repayment?
Monthly Repayment=(500,000+125,000)÷60
Monthly Repayment for 500,000 at 5% Interest rate annually=$10,417
C:
Monthly repayment for 500,000 at 5% interest for 5years=$10,417
Late repayment interest rate=1%
Total penality interest for 1 month=?
Let total penality for 1 month be be x
X=(1%) 10,417
X=0.01×10,417
X=105
Since we wants to know total interest for 2 month
Total penality interest for two months=2months×X or 2×X
=2×105
=$210
Transfer fee amount to pay for each loan amount needed.
$1000 to $9,000 fee is $125
$10,000 to $90,000 fee is $200
$100,000 to $190,000 fee is $350
$200,000 to $290,000 fee is $400
$300,000 to $390,000 fee is $500
$400,000 to $490,000 fee is $600
$500,000 fee is $650
$1,000,000 fee is $1,000
$5,000,000 fee is $5,000
QUALIFY FOR UP TO $500,000 TODAY
UNSECURED FUNDING PROGRAMS
✅ No Fee Loan – For U.S. Citizens Only
▻ 5 OR 7 YEAR TERM LOANS
Rates range from 9-15% (Dependent on strength of personal credit)
No minimum length of time in business
Fixed monthly payment
No upfront fees or down payment
Full liquidity immediately
Funding in 7-15 business days
No assets or collateral required
No prepayment penalty
REQUIREMENTS
680+ Personal Credit scores in all 3 bureaus
2 years personal tax returns showing $50,000 or more of taxable income
▻ BUSINESS CREDIT CARD PROGRAM
0% Interest for 6-12 months
No minimum length of time in business
Stated income
No upfront fees
Reports only to the business
REQUIREMENTS
700+ Personal Credit Scores on all 3 bureaus
Established Business Entity
APPLY ➝ CONSULT ➝ FUNDED
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ALL YOU NEED TO KNOW ABOUT NO-FEE LOAN
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