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MAXXX DEATHRAGE
Level 1

QB'S LOANS

Have had several loans with QB'S 4 at least all very satisfactory all paid early buy 3-4 months.

Am currently 1/2 way through my last loan, and I have an opportunity to replace some equipment that I would like to take advantage of. 

I could do this 2 ways if either is available. I could cover my purchase price by extending my current loan back out to original amount or does QB'S offer a mulligan month as many other capitol sources do.?

1 Comment 1
CharleneMaeF
QuickBooks Team

QB'S LOANS

QuickBooks loan is a great help for you and your business, MAXXX.

 

As of now, QuickBooks customers can only have one active QuickBooks Term Loan outstanding per business at a time. I suggest completing the previous loan to apply for a new one.

 

Also, please note that the eligibility criteria and waiting periods for applying for a new loan from QuickBooks or any lender can vary based on the loan type, credit history, and the terms you've paid off. For more details about this, you can check out the FAQ section.

 

You can browse this article to learn more about applying for a loan: QuickBooks Term Loan.

 

Moreover, you can visit our QuickBooks Capital Marketplace website. There, you can browse funding offers that can work best for you in the future. 

 

I'm here to assist you with any future concerns you may have regarding managing QuickBooks. Feel free to post your questions or any follow-up inquiries on this topic, and I'll be happy to help.

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