Your questions answered: Find Clarity in Our FAQ Section

Everything you need to know about working capital

How much working capital can I get and what are the terms?

We fund working capital in amounts ranging from $10,000 to $250,000, and terms can range from 6 to 24 months.

What can I use my funds for?

You can use your working capital for any business purpose, including:

  • Expand your business
  • Purchase inventory
  • Repair equipment
  • Manage seasonality
  • Remodel your facility
  • Meet payroll
  • Handle emergencies/tax liabilities
  • Any other business purpose
Can I apply for more funds if I need additional financing?

Yes. Once you have successfully repaid 50% or more of your original contract, you are eligible to apply for more working capital.

Do I have to take all the funds at once?

Typically, no. Your account executive can help structure the funding to meet the needs of your business.

How fast am I able to receive the money?

We can fund the same day once all documents have been received. The funds are electronically sent to your bank account and generally available to you the next business day.

How is working capital repaid?

We deduct a set payment amount from your business bank account based on the terms of your contract.

How long does it take to make decisions?

We can typically reach a credit decision 2-4 hours after all documents to be reviewed have been presented.

What are you looking for to approve credit?

Companies that have been in business a minimum of one year, commitment by 51%+ of ownership, personal credit history and consistent and diverse revenue streams.

What documents are needed to fund my transaction?

Prior to funding, we will need executed documents, a voided check and a copy of your driver’s license.