BHG Financial Loans Review: What You Should Know
BHG Financial is a provider for business working capital and unsecured consumer loans. The company’s official website is bhgfinancial.com. They are headquartered at 201 East Las Olas Boulevard, Suite 2450, Fort Lauderdale, FL 33301 and can be reached at 866-297-4664.
BHG Financial Loans Pros and Cons
Lendingtree.com conducted a review on BHG Financial. According to this review a few of BHG Financial’s positive aspects are that they offer a high maximum loan amount of $200,000 to those who are eligible with loan terms up to 36 to 120 months and have no application fees or prepayment penalties. On a negative note, BHG Financial has a high minimum loan amount of $20,000 and once approved it may take up to 5 days to receive funds. BHG Financial is unclear about their eligibility requirements and have an origination fee of 2% – 4%. Information from this review was taken on August 16, 2023.
BHG Financial Loans Cost
According to another review conducted on BHG Financial by forbes.com, BHG Financial APRs start at 12.99%, which is considered high because other lenders offer rates starting at around 7%. Information from this review was taken on August 16, 2023.
BBB: BHG Financial Loans Review
The Better Business Bureau is a nonprofit organization that collects and provides free business reviews to consumers and businesses in the US and Canada. You can visit the Better Business Bureau website to view the full BHG Financial review. As of August 16, 2023, BHG Financial received a 3.42 out of 5 for a total of 327 customer reviews.
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