Applicant's: Frequently Asked Questions

Camino Financial offers Small Business Loans for small entrepreneurs with a business operating for at least 12 months and that are currently registered as an entity or sole proprietorship.

Currently owns a registered business that's been running for at least 12 months and registered with the secretary of state of the state where the business owner resides in. Have a personal or business bank account with at least $2,500 per month in the last 12 consecutive months. Not being behind in any debt payment (excluding medical charges) Have a Social Security Number. Located in the US except for New Jersey, Hawaii, Utah, and Puerto Rico.

Loan amounts range from $10,000 to $50,000 Interest rates range from 32% to 45% Monthly payment terms are between 24 months Origination fee 6.99% No prepayment (payoff) penalty

Once you have filled out the application form, we will let you know if you have been pre-qualified within the next 48 hours. The following process may vary according to the documentation you will be required to upload. During this process, you will be supported by a Camino Agent who will be in touch with you via phone, SMS, or email.

We will be in touch with you through the email you registered in the application, via text message or on via phone call. Camino Financial will never request any upfront payment. Remember to make sure you are contacting our official and verified channels such as WhatsApp (verified), Facebook (Verified), Instagram (Verified).

If your business is not yet registered as a sole proprietorship or an entity, you'll need to get it officially registered to move forward with your application. If you need assistance, don't worry, a Camino Agent will be available to help you answer any question you might have as you go through this process.

If 48 business hours have passed since you linked your bank account with Plaid, it is possible that we have already attempted to contact you via email or SMS. We recommend checking your spam folder. If you have not received any communication from us via email or SMS, please do not hesitate to contact our call center at (800) 852-0655, and one of our Camino Agents will assist you with determining the status of your application.

We will transfer the funds to the bank account you registered during the application process within the next 48 business hours. If you haven't received the funds, please contact our call center at (800) 852-0655.

Camino Financial will never ask you for upfront payments or deposits to proceed with your application. If you have any doubts or believe you have been targeted by fraud, please contact us at (800) 852-0655.

Camino Financial is a California based Community Development Financial Institution (CDFI) with a mission to help minority owned and underserved small businesses by providing access to capital to finance their businesses. You can verify our California Financing Law Licensing Information online at: www.nmlsconsumeraccess.org CA CFL License number: 60DBO-43053 License Name: SALAS & COMPANY LLC Business name: CAMINO FINANCIAL You can also verify it directly at California Department of Financial Protection and Innovation (DFPI) website: https://docqnet.dbo.ca.gov/LicenseSearch/LicenseDetails/