Sams Club Offers Small Business Loans

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Small business customers enjoy special shopping hours and a large selection of products and services geared to commercial uses at one of the nationâ s best known warehouse retailers, Samâ s Club Stores.  Now, the choice of small business services at the big warehouse club is expanding to include small business loans.  Samâ s Club is testing an online service offering loans to entrepreneurs and small enterprises.

 Working with Superior Financial Group, Samâ s Club will offer loans of $5,000 to $25,000. 

Samâ s Club members will receive $100 off the $500 application, packaging and processing fee, a 20% discount and a 7.5% annual percentage rate. The term of the loan is 10 years and there is no early repayment penalty. Business memberships cost $35 annually at Samâ s Club. Members can apply online for the loans.

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lonnie rainey said on Friday, Apr 8 at 7:07 PM

would like to qulify for money to start a business.

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