Term Loan
A lump sum, a fixed rate, and a date it is paid off.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
Working capital
Working Capital
Money for running the business, not for buying a thing.
- Funding amount
- Up to $1M
- Funding speed
- Within 24–48 hours
- Cost
- Starting at 4.5%
- Repayment
- Daily or weekly ACH
Working capital
What a working capital does
Working capital covers the gap between money going out and money coming in: payroll, rent, stock, the ninety days between invoicing a customer and being paid by them.
Terms are short by design, usually six to twenty-four months, and repayment comes out daily or weekly rather than monthly. That suits a business with steady takings and hurts one with lumpy ones, so it is worth being honest about which you are.
Worth knowing
Before you sign one
- Funds in as little as 48 hours
- No restriction on use
- Daily or weekly repayment — check it against your takings
- Clears quickly, so it does not sit on the books
The application
Find out what you qualify for
Two minutes, no fee, and no effect on your credit. If nothing on offer is right for you, nothing happens.
Rather talk to somebody first? (866) 221-5149.
Six kinds of funding
This one, and the five beside it
Short Term Business Loan
For the problem that will not wait until next quarter.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Equipment Financing
The machine pays for itself while it pays for itself.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Working Capital
Money for running the business, not for buying a thing.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Line of Credit
Approved once, drawn on whenever.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Cash Advance
Underwritten on your sales, not your credit file.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%