We do a soft credit pull. Applying will not affect your credit score.
All you need to apply is basic information about you, your business and 6 months bank account statements.
Your business must be over 12 months old and average a minimum of $10,000 in gross monthly revenue over the last three months. You’ll also need a personal FICO credit score that’s above 600.
Each application is considered based on your bank transactions, cash flow, and partially on your credit. Your actual rate is calculated using our proprietary algorithm, which takes into consideration several factors.
You can use your funds for business expansion, marketing costs, payroll, inventory, personal needs or anything you want. Unlike traditional bank loans, we do not restrict how you use your funds.
Funds are typically deposited into your account within 24 hours but can take up to 3 days.
Payments are withdrawn from your business checking account daily, weekly or monthly via ACH. Underwriting will determine how often payments will be made. You can choose to repay at your own pace with a percentage of your sales or make fixed payments.
You can keep the funds for up to 18 months. However, the terms you receive depend on your eligibility.
Our funding is unsecured. You are not required to provide any collateral. We simply consider your business’s overall performance and cash flow.
Yes. We often approve business funding even after traditional banks turn you down
We do a soft credit pull. Applying will not affect your credit score.
All you need to apply is basic information about you, your business and 6 months bank account statements.
Your business must be over 12 months old and average a minimum of $10,000 in gross monthly revenue over the last three months. You’ll also need a personal FICO credit score that’s above 600.
Each application is considered based on your bank transactions, cash flow, and partially on your credit. Your actual rate is calculated using our proprietary algorithm, which takes into consideration several factors.
You can use your funds for business expansion, marketing costs, payroll, inventory, personal needs or anything you want. Unlike traditional bank loans, we do not restrict how you use your funds.
Funds are typically deposited into your account within 24 hours but can take up to 3 days.
Payments are withdrawn from your business checking account daily, weekly or monthly via ACH. Underwriting will determine how often payments will be made. You can choose to repay at your own pace with a percentage of your sales or make fixed payments.
You can keep the funds for up to 18 months. However, the terms you receive depend on your eligibility.
Our funding is unsecured. You are not required to provide any collateral. We simply consider your business’s overall performance and cash flow.
Yes. We often approve business funding even after banks turn you down for a traditional loan
Restaurants/Grocery Stores
Medical/Healthcare (Doctors, Dentists, Pharmacists, etc.)
Hospitality/Hotel/Motel
Spas
Wholesale Distributors
Manufacturing
Trade Contractors (Plumbing, Heating, Roofing, Metal Work, etc.)
General Automotive Repair Shops
Business Services (Financial Consulting, Management Consulting, etc.)
Personal Services (Hair Salons, Nail Salons, etc.)
Retail