FAQs

What types of loans can I find?

We can arrange  business lines of credit, equipment financing, business acquisition loans, commercial real estate loans, refinancing and merchant cash advances. Additionally, there are special lending programs available.


How quickly can I receive financing?

With the appropriate information and documentation available it is possible to secure funding in as little as 24 hours. We take your privacy very seriously. All your information is managed through our secure portal.


What rates do you charge? What are the payback terms?

Terms and rates depend in large part on credit history and how quickly a borrower needs money. Traditional bank loans generally offer the best interest rates and the longest amount of time for repayment. However, for borrowers who need money quickly, funding from non-bank lenders is available. These deals close quicker, but the terms are generally higher. The type of funding often depends on a company's financial history. Submit a complete application package which includes the required documentation and we will quickly process your submission to get you a quote.


How safe is my data?

All information you share with us is secured during the transportation process. We are committed to protecting your data We also limit what we have access to. We can never see your login information for any of your connected accounts, we only have “read” level access to the data you share with us – in other words, we are never able to change or modify in any way your shared data. 


How do working capital loans work?

Working capital loans carry very short repayment terms, usually of 12 months or less. Typically, repayment structures will require borrowers to make loan payments either daily or weekly. Because of the short term repayment, businesses should resort to this sort of loan if their budget can handle payments frequently and on time. Businesses that need to pay for everyday expenses can apply with online lending services for a working capital loan. Keep in mind that online lenders have requirements in order to qualify. Lenders will look at criteria such as credit score, revenue, years in operation, and so forth. Eligibility requirements will vary from lender to lender.


Should I get a business loan?

Business loans have a few advantages. By obtaining a loan, the lender does not have equity in the business. Instead, you simply need to repay principal plus interest. After repayment, you do not need to share profits with the lender. This also reduces administrative duties by eliminating the need for shareholder meetings and votes. In addition, loans do not require the same regulations on investments.