Business funding questions, answered with numbers.

Common questions

How much can my business borrow?

Up to $350,000 on a line of credit and up to $250,000 on a term loan, from a $10,000 minimum.

What are the rates?

Line of credit rates start at 1% per month. Your rate depends on revenue, time in business and bank activity.

Is there an origination fee?

No. 0% origination on the term loan and no origination fee on the line of credit.

Is there a maintenance fee on the line of credit?

No.

What if I pay off early?

No penalty on the line of credit. On the term loan, a full early payoff earns a 50% discount on the remaining interest.

How fast is funding?

Same-day decision, next-business-day funding.

Will applying hurt my credit score?

No. Checking what you qualify for does not affect your credit.

Can I get funded with an existing merchant cash advance?

Yes. We fund first and second position, and can buy out an existing position with a balance of $100,000 or less.

How much of an existing position can you buy out?

Balances of $100,000 or less.

Are payments daily or weekly?

Term loan payments are weekly, not daily.

What documents do I need?

Three to six months of business bank statements and basic business details.

Do you fund all industries?

Most, but not all — some industries are restricted. Apply and we will tell you straight away.

How long does my business need to be operating?

Longer operating history means better terms. Apply and we will tell you honestly where you stand.

Is collateral required?

These are revenue-based products underwritten on business performance rather than pledged assets.