| Program | Best for | Line size | Deposit | Term | Typical APR |
|---|---|---|---|---|---|
| Flip | Fast-turn lots you already have a buyer for | $25K – $500K | 10% | 30 – 180 days | 8.9% |
| Standard | General wholesale purchasing, most accounts | $50K – $1.5M | 15% | 6 – 18 months | 10.9% |
| Seasonal | Holiday, outdoor and weather-dependent goods | $50K – $1M | 20% | Up to 12 months | 11.9% |
| Fleet | Vehicles, forklifts and titled equipment | $100K – $3M | 20% | 12 – 36 months | 12.9% |
| Enterprise | Whole-chain and full-facility acquisitions | $1M – $5M | Negotiated | Up to 36 months | Custom |
Representative terms for well-qualified applicants. Not an offer or a commitment to lend. See disclosures.
Flip
Built for buyers who already know where the lot is going. Ten percent down, interest-only until payoff, and no penalty for clearing it early — which most Flip borrowers do inside sixty days. The cheapest money we offer, because the risk window is short and the collateral is liquid.
Standard
The workhorse. Fifteen percent down and level monthly payments over six to eighteen months. Most accounts open here, run two or three deals, then get their line reviewed upward automatically. Works across every sector on our floor.
Seasonal
Payments follow the selling season instead of the calendar. Buy patio in February and pay almost nothing until April; buy holiday goods in August and carry light until November. Interest-only in the off months, amortizing in the peak.
Fleet
For titled goods — vehicles, forklifts, trailers and registered equipment. Longer terms because the collateral holds value, with title held until the unit is paid out. Release happens unit by unit, so you can sell and clear individual pieces without touching the rest of the line.
Enterprise
For buyers taking down an entire chain footprint or a complete facility. Structure is negotiated deal by deal and can include tranche funding against clearance milestones, a shared load-out crew, warehousing at cost, and in some cases participation alongside Fellow on the acquisition itself. These start with a conversation, not a form.
All of them, in one place
We publish the whole fee schedule because the alternative is you finding out at closing. There are no application fees, no maintenance fees and no prepayment penalties on any program.
| Application | $0 |
| Origination | 1.0% – 2.5% of financed amount |
| UCC filing | $95 flat |
| Prepayment | $0 |
| Late payment | 5% of payment, 10-day grace |
| Title handling (Fleet) | $45 per unit |
| Line increase review | $0 |
Not sure which one fits?
Tell us the lot you're looking at and we'll tell you the structure that costs you least. That conversation is free.