What $15,000 is usually for
At $15,000 you are typically funding a single equipment repair, a payroll gap or one month of inventory.
Which product reaches it
Both products reach $15,000. The term loan is capped at 15% of annual revenue, so $15,000 needs roughly $100,000 a year behind it. The line of credit charges only on the drawn balance, from 1% per month on the drawn balance, with a $10,000 minimum draw.
A weekly payment on a 12-month term at $15,000 is roughly $288 before cost of capital — useful as a sanity check against what the business actually clears in a week.
What it takes to support it
Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.
Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.
There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.
How it moves
Same-day decision, next business day funding on a complete file.
Questions
How much revenue do I need for $15,000?
The term loan is capped at 15% of annual revenue, so roughly $100,000 a year.
Can I get $15,000 with a low score?
There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.
How fast?
Same-day decision, next business day funding on a complete file.