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Loan Re-Up
 
Over 90% of AML's customers re-up their loans. Merchant can request a re-up when the loan balance is down to about 20% of the original loan.
 
Re-up of the loan is almost always approved as long as the previous loan wasn't defaulted.
 
Re-up funding can be done within 1 - 2 days of the request. Request can be made by a phone call or a fax.
 
Borrower must send their most recent bank statement in its entirety when requesting a re-up.
American Microloan
 
 
 
 
 
 
 
 
 
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