FAQ

Term length varies based on product and qualifications such as credit and time in business. The average term is 8-18 months. Term loans can go out 5 years, and high risk funding can be as short as 3 months.

Payment structure, just like term length is based on qualifications such as credit, time in business, and product. Consolidation products are always a monthly payment, term loans are always a monthly payment, and bridge funding is weekly or daily. We always work to get you a weekly payment over a daily payment. Your funding advisor will discuss this topic in depth during your consultation.

Some products do build and report to your business credit. None of these report on your personal credit. Business credit is critical in obtaining traditional financing, so this is a great added benefit. Your funding advisor will clarify if your approval option reports to business credit or not.

No, to see your options, there are no hard inquiries. A few certain products and scenarios require one, but we are very upfront if this will occur. We do not run credit and pepper you with inquiries like many out there. If a funding selection is received and completed, this typically comes with a hard inquiry at the end.

We can work in all 50 states, however a few products, such as merchant cash advance consolidation, is limited to certain areas.

This depends on the product, and your willingness to provide items in a timely manner. Most funding can be done in a day or two, with term loan products taking around 15 days.