FAQ
Amounts, rates, fees, timing and what happens if you already have an advance.
✓ Checking what you qualify for does not affect your credit score.
Line of credit: $10,000–$350,000, 12–36 months, rates from 1% per month, no origination fee, no maintenance fee, no early payoff penalty.
Term loan: $10,000–$250,000, 12–18 months, 0% origination fee, weekly payments, 50% discount on remaining interest for a full early payoff.
Both: same-day decision, next-business-day funding, first and second position funded, buyout available on existing positions of $100,000 or less.
Up to $350,000 on a line of credit and up to $250,000 on a term loan, from a $10,000 minimum.
Line of credit rates start at 1% per month. Your rate depends on revenue, time in business and bank activity.
No. 0% origination on the term loan and no origination fee on the line of credit.
No.
No penalty on the line of credit. On the term loan, a full early payoff earns a 50% discount on the remaining interest.
Same-day decision, next-business-day funding.
No. Checking what you qualify for does not affect your credit.
Yes. We fund first and second position, and can buy out an existing position with a balance of $100,000 or less.
Balances of $100,000 or less.
Term loan payments are weekly, not daily.
Three to six months of business bank statements and basic business details.
Most, but not all — some industries are restricted. Apply and we will tell you straight away.
Longer operating history means better terms. Apply and we will tell you honestly where you stand.
These are revenue-based products underwritten on business performance rather than pledged assets.
Same-day decision. Applying takes a few minutes and will not affect your credit score.