City Lending
Business Accounts
City Lending business credit builder accounts build your company’s credit profile.
We build your business credit by providing a business installment loan tradeline and reporting payments to Equifax, PayNet, and SBFE. Coming Soon: Experian and Dun & Bradstreet (D&B).
$200/mo
- Build up to 25 months of payment history.
- $5,000 installment account tradeline reported.
- Reports to major business credit bureaus including Equifax, Paynet, and SBFE. Coming soon: Experian and D&B.
- No interest on the loan.
- One-time, non-refundable Administration fee: $549.00.
- All payments go to savings
- Total cost: $549.00
View Amortization table
$115/mo
- Build up to 25 months of payment history.
- $5,000 installment account tradeline reported.
- Reports to major business credit bureaus including Equifax, Paynet, and SBFE. Coming soon: Experian and D&B.
- You pay 8.96% interest on the loan
- One-time, non-refundable Administration fee: $199.00.
- Low one time fee
- Total cost: $699.00
View Amortization table
City Lending business credit builder accounts build your company’s credit profile.
Protect yourself and your business.
As a business owner, you should have separate credit profiles for your business and personal activities. Credit Lending business credit builder accounts report to the major credit bureaus using your company EIN, not your personal social security number.
Achieve your business goals.
With an established business credit history, you can access vital funding you may need, including SBA loans or bank lines of credit. You may be able to negotiate better interest rates and better terms for your vendor tradelines, as well as obtain access to business credit cards and other types of business credit to help your business grow.
Build $5,000 business installment loan payment history.
Our business credit builder account is designed for business owners that want to quickly and easily build a large amount of business credit.
Give your business the credibility it needs.
City Lending enables you to take the first step to build your business credit-ability! With an FDIC-insured business bank loan being reported for your business, you let other lenders know that your business is trustworthy and can handle larger extensions of credit.
$200/mo, $5,000
One-time, non-refundable Administration fee: $549.00
Loan Interest Rate: 0%
Loan Term: 25 Months
| Monthly Payment | Monthly Savings Progress | Monthly Interest Expense | Cumulative Savings Progress | % of Payment Applied to Savings Progress | |
|---|---|---|---|---|---|
| Month 1 | $200.00 | $200.00 | $0.00 | $200.00 | 100% |
| Month 2 | $200.00 | $200.00 | $0.00 | $400.00 | 100% |
| Month 3 | $200.00 | $200.00 | $0.00 | $600.00 | 100% |
| Month 4 | $200.00 | $200.00 | $0.00 | $800.00 | 100% |
| Month 5 | $200.00 | $200.00 | $0.00 | $1,000.00 | 100% |
| Month 6 | $200.00 | $200.00 | $0.00 | $1,200.00 | 100% |
| Month 7 | $200.00 | $200.00 | $0.00 | $1,400.00 | 100% |
| Month 8 | $200.00 | $200.00 | $0.00 | $1,600.00 | 100% |
| Month 9 | $200.00 | $200.00 | $0.00 | $1,800.00 | 100% |
| Month 10 | $200.00 | $200.00 | $0.00 | $2,000.00 | 100% |
| Month 11 | $200.00 | $200.00 | $0.00 | $2,200.00 | 100% |
| Month 12 | $200.00 | $200.00 | $0.00 | $2,400.00 | 100% |
| Month 13 | $200.00 | $200.00 | $0.00 | $2,600.00 | 100% |
| Month 14 | $200.00 | $200.00 | $0.00 | $2,800.00 | 100% |
| Month 15 | $200.00 | $200.00 | $0.00 | $3,000.00 | 100% |
| Month 16 | $200.00 | $200.00 | $0.00 | $3,200.00 | 100% |
| Month 17 | $200.00 | $200.00 | $0.00 | $3,400.00 | 100% |
| Month 18 | $200.00 | $200.00 | $0.00 | $3,600.00 | 100% |
| Month 19 | $200.00 | $200.00 | $0.00 | $3,800.00 | 100% |
| Month 20 | $200.00 | $200.00 | $0.00 | $4,000.00 | 100% |
| Month 21 | $200.00 | $200.00 | $0.00 | $4,200.00 | 100% |
| Month 22 | $200.00 | $200.00 | $0.00 | $4,400.00 | 100% |
| Month 23 | $200.00 | $200.00 | $0.00 | $4,600.00 | 100% |
| Month 24 | $200.00 | $200.00 | $0.00 | $4,800.00 | 100% |
| Month 25 | $200.00 | $200.00 | $0.00 | $5,000.00 | 100% |
$220/mo, $5,000
One-time, non-refundable Administration fee: $199.00
Loan Interest Rate: 8.96%
Loan Term: 25 Months
| Monthly Payment | Monthly Savings Progress | Monthly Interest Expense | Cumulative Savings Progress | % of Payment Applied to Savings Progress | |
|---|---|---|---|---|---|
| Month 1 | $220.00 | $182.65 | $37.35 | $182.65 | 83% |
| Month 2 | $220.00 | $184.01 | $35.99 | $366.66 | 84% |
| Month 3 | $220.00 | $185.39 | $34.61 | $552.05 | 84% |
| Month 4 | $220.00 | $186.77 | $33.23 | $738.83 | 85% |
| Month 5 | $220.00 | $188.17 | $31.83 | $927.00 | 86% |
| Month 6 | $220.00 | $189.57 | $30.43 | $1,116.57 | 86% |
| Month 7 | $220.00 | $190.99 | $29.01 | $1,307.56 | 87% |
| Month 8 | $220.00 | $192.42 | $27.58 | $1,499.98 | 87% |
| Month 9 | $220.00 | $193.85 | $26.15 | $1,693.83 | 88% |
| Month 10 | $220.00 | $195.30 | $24.70 | $1,889.14 | 89% |
| Month 11 | $220.00 | $196.76 | $23.24 | $2,085.90 | 89% |
| Month 12 | $220.00 | $198.23 | $21.77 | $2,284.13 | 90% |
| Month 13 | $220.00 | $199.71 | $20.29 | $2,483.84 | 91% |
| Month 14 | $220.00 | $201.20 | $18.80 | $2,685.05 | 91% |
| Month 15 | $220.00 | $202.71 | $17.29 | $2,887.75 | 92% |
| Month 16 | $220.00 | $204.22 | $15.78 | $3,091.98 | 93% |
| Month 17 | $220.00 | $205.75 | $14.25 | $3,297.72 | 94% |
| Month 18 | $220.00 | $207.28 | $12.72 | $3,505.01 | 94% |
| Month 19 | $220.00 | $208.83 | $11.17 | $3,713.84 | 95% |
| Month 20 | $220.00 | $210.39 | $9.61 | $3,924.23 | 96% |
| Month 21 | $220.00 | $211.96 | $8.04 | $4,136.20 | 96% |
| Month 22 | $220.00 | $213.55 | $6.45 | $4,349.74 | 97% |
| Month 23 | $220.00 | $215.14 | $4.86 | $4,564.89 | 98% |
| Month 24 | $220.00 | $216.75 | $3.25 | $4,781.64 | 99% |
| Month 25 | $220.00 | $218.37 | $1.63 | $5,000.00 | 100% |
Note: All amounts above are estimates based on on-time loan payments, actual amounts may vary depending on timing, amount, and number of payments.