Guide
QuickBooks Capital underwrites from accounting data inside QuickBooks, so the offer depends on how your books are kept as much as on the business itself.
✓ Checking what you qualify for does not affect your credit score.
QuickBooks Capital underwrites from accounting data inside QuickBooks, so the offer depends on how your books are kept as much as on the business itself.
One application against thresholds published in advance. Checking what you qualify for does not affect your credit score.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
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.
Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.
Line of credit $10,000 to $350,000 from 1% per month on the drawn balance. Term loan $10,000 to $250,000 at 0% origination.
QuickBooks Capital underwrites from accounting data inside QuickBooks, so the offer depends on how your books are kept as much as on the business itself.
No.
Same day on a complete file.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
