Funding without a bank
Banks ask for tax returns, collateral and weeks of waiting. Plenty of healthy businesses need an answer sooner. Here are the routes that do not run through a bank.
✓ Checking what you qualify for does not affect your credit score.
A bank loan is built for a long timeline: tax returns, financial statements, a business plan and often collateral. A business with strong daily deposits but a short history, uneven tax returns or a deadline can be a better fit for funding read from bank statements.
| Option | What it covers | When it tends to fit |
|---|---|---|
| Working capital | Day-to-day cash | Deposits are steady and the need is immediate |
| Business line of credit | A reusable pool | Needs recur through the year |
| Merchant cash advance | Cash against future card and sales deposits | Repayment should follow sales |
| Revenue-based financing | Repayment that rises and falls with revenue | Sales swing month to month |
| Equipment financing | One specific asset | The purchase is a truck, oven or machine |
Costs and repayment schedules are set per offer and shown in full before you accept. Read more on working capital, merchant cash advances and revenue-based financing.
Non-bank funding trades speed and flexibility for a different cost structure. Compare the full repayment amount in each offer, not just the monthly figure, and match the product to the need: short-term cash for short-term gaps, equipment financing for assets.
The application takes about five minutes and starts with a soft credit pull, so applying does not hurt your score. Start your application and we will review your file the same day. If you are weighing options, how to get a small business loan walks through the full picture.
Yes. Working capital, lines of credit, revenue-based financing and merchant cash advances are available to qualified businesses and are read from your deposits.
No. We read about three months of business bank statements instead.
Not always. A bank loan can cost less when you qualify and can wait. Compare the full repayment amount in each offer.
FICO 500 and above is considered.
Funding can arrive in as little as 24 hours for qualified businesses.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
