Torro Small Business Loans Review
Torro Small Business Loans Review
ConsumersAdvocate.org
6 Customer Reviews - see all comments
Disclosure: We receive advertising revenue from this partner. Learn more.
Torro is a Nevada-based online lending marketplace that specializes in connecting small business owners with their network of private investors, independent brokerages, and lenders.
</br>
</br>
Their flexible business loan options can be used for startups, existing businesses, and hard to place loans. Torro also provides small business and start-up consulting services. Torro has a 4-star TrustPilot rating, and an A+ score with the BBB.
- A+ BBB Accredited
- Working Capital up to $500,000
- Same-Day Approval & Funding
- Low Credit, No problem
- Simple & paperless loan application
- Multiple funding options for different types of business
- Must have $120k in Annual Sales Revenue
Latest Torro Reviews
Was told same thing, credit score was not a factor and all they needed was a business bank statement for previous 3 months. They came back with some low ball loan figure and then made excuses as to why it was low. Business owners, you are better off just getting a credit card or two. This company is questionable. BEWARE!
Sad to say that some companies will do anything to run your credit and recieve personal and business info. I was personaly told that credit was not a factor, and that the loan is based only on business bank statements , however after sending my business bankstatements. Personal credit is a factor wtih a min of 650 fico clear as day on the web. I was also told that all I need was a 400 credit score lol smh... Thank God I didnt allow this company to run my credit , I know my fico is 634, which mean I would possiably not get approved. The good part is I can save the hard credit pull , and use it for a business credit card, which will allow me to have min payments and run my business with... Read More
I completely agree with Leo - this company will ruin your credit - DO NOT DO BUSINESS WITH THEM. you are capable of completing your own CC application fee.
It is a credit acrd application company.
They will use your social to apply for cc and they will charge you 10%..
I could not believe it!
FRAUD, CROOK!
This company is a fraud.
I really appreciate if I can get loan I would be glad that I can have a little help .