● Funded Amount up to $1 million
● Terms up to 18 months
● Interest As low as 12%
● Funding Timeline less than 24 hours after approval

What do you need to qualify?

● Annual Revenue $60,000+
● Fico 500+
● Time in Business 3 months

What is it?

In some ways, a business advance functions much like a regular business bank loan. You get approved for a certain amount and you are given a specified term to repay the loan. However, with a business advance, terms typically range from 6 to 18 months and rates vary depending on the application. Payment schedules can be daily, weekly or bi-weekly. You will be paying back the advance a little bit at a time throughout the whole term rather than with big chunks every month.

What are the benefits?

A business advance is the easiest funding option for businesses in today’s economy. While the terms are shorter, any business with decent financials can get funded with 2-3 hours after submitting an application. Furthermore, our business advance option is unsecured and you can expect funding amounts to go as high as $2 million.

How can I qualify?

Our business advance program is significantly easier to qualify for as opposed to our other programs. To get approved, your business has to be, at least, 3 months old and it must generate over $5,000 in revenue monthly. There is no minimum fico and approvals take about 3 hours with funds entering your bank account either the same or the following business day. With that said, we have approved businesses that do not meet, at least, one or all of these requirements. There are a myriad of factors that we consider during our underwriting process. We understand that every business is different. Thus, approvals vary case by case in light of that fact. Our underwriting process transformed drastically over the years and it is far less rigid than it used to be. We will try to be as flexible as possible to accommodate your needs the best we can.