Guide
Insurance is not lending, and no product here requires a specific policy.
✓ Checking what you qualify for does not affect your credit score.
Where it intersects with funding: a lender may require proof of general liability or property coverage on secured equipment, and a lapse can technically breach a facility.
Workers compensation is mandated by state law in most states once you have employees, and a lapse there is a far bigger exposure than any funding cost.
Nothing on this site is gated on insurance.
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.
If the reason you are borrowing is an uninsured loss, fix the coverage alongside the cash.
Line of credit from 1% per month on the drawn balance, 2.49% per draw. Term loan 0% origination on weekly payments. Refinance priced with a factor rate.
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, next business day funding on a complete file.
Yes, up to two existing positions.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
