FAQ — Loan Questions Answered | Tulli Funds

Question 1

What types of loans does Tulli Funds offer?

Accepted Answer

We offer three core loan products: Personal Loans (up to $1,000,000), Business Loans (up to $50,000,000), and Real Estate Financing (up to $5,000,000). Each product is tailored to its borrower type with flexible terms and competitive rates starting from 2.9% APR.

Question 2

Is Tulli Funds a licensed lender?

Accepted Answer

Yes. Tulli Funds is a fully licensed lender operating across all 50 US states. We are CFPB registered, FDIC compliant, and BBB accredited with an A+ rating. All lending activity is conducted in accordance with applicable federal and state regulations.

Question 3

How long does the application process take?

Accepted Answer

Most applications are reviewed within 24 hours of submission. Once approved, funds are typically disbursed within 1–3 business days depending on your bank and loan type. Real estate transactions may take slightly longer due to property verification requirements.

Question 4

Is my personal information secure?

Accepted Answer

Absolutely. We use 256-bit SSL encryption — the same standard used by major banks — to protect all data transmitted through our platform. We never sell your personal information to third parties.

Question 5

What states do you lend in?

Accepted Answer

Tulli Funds is licensed to lend in all 50 US states Europe. Whether you're in New York, California, Texas, Paris, London or anywhere in the world, we can work with you.

Question 6

What can I use a personal loan for?

Accepted Answer

Personal loans from Tulli Funds can be used for almost any purpose — debt consolidation, home improvements, medical expenses, major purchases, education costs, or unexpected emergencies. There are no restrictions on how you use the funds.

Question 7

How much can I borrow with a personal loan?

Accepted Answer

Personal loans range from $10,000 to $1,000,000. The exact amount you qualify for depends on your income, credit profile, employment status, and existing financial obligations.

Question 8

What credit score do I need to qualify?

Accepted Answer

We consider applicants across a wide range of credit profiles. While a higher credit score generally results in better rates, we evaluate each application holistically — including income stability, employment history, and debt-to-income ratio — rather than relying on credit score alone.

Question 9

What are the repayment terms for personal loans?

Accepted Answer

Personal loan terms range from 12 to 96 months (1 to 8 years). You can choose a term that fits your budget — shorter terms mean higher monthly payments but less interest overall, while longer terms reduce your monthly payment.

Question 10

Is there a penalty for paying off my loan early?

Accepted Answer

No. Tulli Funds charges no early repayment penalties on personal loans. You are free to pay off your balance ahead of schedule at any time without incurring additional fees.

Question 11

What is the interest rate on personal loans?

Accepted Answer

Personal loan rates start from 2.9% APR. Your actual rate depends on your credit profile, loan amount, and repayment term. You will receive your personalised rate offer before accepting any loan agreement.

Question 12

What can a business loan be used for?

Accepted Answer

Business loans can fund working capital, equipment purchases, inventory, hiring, marketing campaigns, office expansion, technology upgrades, or any other legitimate business purpose. We support businesses at every stage — from early-stage startups to established enterprises.

Question 13

How much can my business borrow?

Accepted Answer

Business loans range from $1,000,000 to $50,000,000. Loan size is determined by your business revenue, operating history, financial statements, and the purpose of the funds.

Question 14

Do you offer both secured and unsecured business loans?

Accepted Answer

Yes. We offer both secured loans (backed by business assets, property, or equipment) and unsecured loans (based on creditworthiness and cash flow). Secured loans typically offer lower rates and higher limits, while unsecured loans provide faster access without collateral.

Question 15

How long has my business need to be operating to qualify?

Accepted Answer

We generally require a minimum of 12 months of operating history for unsecured business loans. Startups or newer businesses may qualify for secured products or with a personal guarantee from the business owner.

Question 16

What documents are required for a business loan application?

Accepted Answer

Typical documentation includes recent business bank statements (3–6 months), profit and loss statements, business tax returns, proof of business registration, and the owner's personal identification. Additional documents may be requested depending on loan size.

Question 17

What are the repayment terms for business loans?

Accepted Answer

Business loan terms range from 6 to 144 months (6 months to 12 years). We structure repayment schedules around your business cash flow cycle, with options for monthly, quarterly, or custom payment frequencies.

Question 18

What types of real estate can I finance?

Accepted Answer

We finance both residential and commercial real estate. This includes primary residences, investment properties, multi-family units, retail spaces, office buildings, and mixed-use developments. We work with first-time buyers and seasoned investors alike.

Question 19

How much can I borrow for real estate?

Accepted Answer

Real estate financing ranges from $5,000 to $5,000,000. The loan amount is based on the property value, your down payment, income, and creditworthiness.

Question 20

What is the minimum down payment required?

Accepted Answer

We require a minimum down payment of 10% for most real estate loans. A larger down payment may result in a lower interest rate and better loan terms.

Question 21

What loan terms are available for real estate?

Accepted Answer

Real estate loan terms range from 5 to 30 years. Shorter terms carry higher monthly payments but significantly less interest over the life of the loan. We help you model different scenarios so you can choose the term that best fits your financial goals.

Question 22

Can I finance an investment property or rental?

Accepted Answer

Yes. We finance investment properties and rental units. Rates and terms for investment properties may differ slightly from owner-occupied residential loans. Rental income can often be factored into your qualifying income.

Question 23

How long does real estate loan approval take?

Accepted Answer

Initial approval decisions are typically made within 24–48 hours. Full closing, including property appraisal and title verification, generally takes 2–4 weeks depending on the complexity of the transaction and third-party timelines.

Question 24

How do I make loan repayments?

Accepted Answer

Repayments can be made via ACH bank transfer, wire transfer, or cheque. We recommend setting up automatic ACH payments to ensure you never miss a due date. You can manage your repayment preferences through your account or by contacting our team.

Question 25

What happens if I miss a payment?

Accepted Answer

If you anticipate difficulty making a payment, please contact us as soon as possible. We work with borrowers to find solutions — including payment deferrals or restructured schedules — before any late fees or credit reporting actions are taken.

Question 26

Can I make extra payments to reduce my balance faster?

Accepted Answer

Yes. You can make additional payments at any time on personal and business loans without penalty. Extra payments are applied directly to your principal, reducing the total interest you pay over the life of the loan.

Question 27

Will my loan appear on my credit report?

Accepted Answer

Yes. Tulli Funds reports loan activity to the major credit bureaus. Consistent, on-time payments can positively impact your credit score over time. Missed or late payments may have a negative effect.

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