Understanding Unsecured Business Loan Funding Requirements < Level 1,2,3>

I have many people asking me what it takes to obtain an Unsecured Business Loan. In the industry, there are 3 levels of lenders;

Level 1 (Prime Lending)
Level 2 (Sub Lending)
Level 3 (High Risk Lending)

To gain a better understanding of the indivigual factors/requirements that group a potential borrower into the above mentioned levels would be as follows:

Level 1
In Business 5 years
Verifiable monthly income of atleast $25000
Credit Scores are 650+ without Tax Liens or Judgements
Average Daily Balance is $8000+
Bank Statement Requested 6-12
Tax returns Requested 1 year
Average Term 3-24 months
Average Rate 1.18

Level 2
In Business 2 years
Verifiable monthly income of atleast $6000
Credit Scores are 550-600 with Tax Liens or Judgents under 25k
Average Daily Balance is $3000+
Bank Statments Requested 6 months
Tax returns Requested - None
Average Term 3-18 Months
Average Rate 1.28

Level 3
In Business 6 months+
Verifiable monthly income of atleast $3000
Credit Scores - Not a Factor
Average Daily Balance - Not a Factor
Bank Statements Requested 3 months
Tax returns Requested - None
Average Term 3-12 Months
Average Rate 1.38

Hope this helps..