Financing for your steel building

No. Acorn Finance pre-qualifies you with a soft credit inquiry, which doesn’t affect your credit score. A lender may run a hard credit check later, when you pick an offer and apply with them.

An online lending marketplace. You fill out one short form, and lenders in Acorn Finance’s network send you pre-qualified offers, often within about a minute. Acorn Finance isn’t a lender and doesn’t make credit decisions.

Lenders in Acorn Finance’s network offer loans from $1,000 to $100,000 for qualified borrowers.

Personal loans, paid back in fixed monthly payments at a fixed rate, which may be secured or unsecured. And personal lines of credit, where you borrow up to a set limit and pay interest only on what you use.

Each lender sets its own requirements and usually looks at your credit score, income and employment, credit history and debt-to-income ratio. Acorn Finance says its lenders generally consider scores from about 560 and up. Adding a co-borrower with stronger credit can help.

Yes. A co-borrower can be added right after the main applicant sends in their information.

Qualified applicants can be approved quickly during business hours and may receive funds within one business day.

Lenders in Acorn Finance’s network don’t charge prepayment penalties. Some lenders charge an origination fee on smaller loans, and the offers page points out the no-fee options.

Acorn Finance says the money can go toward any home improvement project, such as a new shop, garage or barn on your property. Each lender’s terms say what’s allowed, so check them for business or commercial projects.

No. Financing comes from lenders in Acorn Finance’s network, on approved credit. Bayou Beam isn’t a lender, doesn’t make credit decisions and doesn’t set rates or terms. Questions about an offer go to the lender; questions about your building come to us.