Startup Capital
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Term Loan
Just like a traditional bank loan, with a traditional-term business loan, you are lent a set amount upfront, which you pay back (along with fees) over a set period of time. |
Maximum Loan Amount
$5,000 - $5 million Term 5 - 25 years Interest Rates Starting at 6.5% Speed As little as 3 weeks |
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Equipment Financing
With equipment financing, the lender will upfront you cash to help purchase the equipment outright. You then pay back the total amount lent, plus fees, for a set period of time. |
Maximum Loan Amount
Up to 100% of equipment value Term Expected life of equipment Interest Rates 8 - 30% Speed As little as 2 days |
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Business Line of Credit
With a business line of credit, a financial institution gives you a credit limit, or a maximum amount of capital you are able to draw on at any given time. Just like a credit card, you only pay interest on the amount you use. |
Maximum Loan Amount
$10,000 to over $1 million Term 6 months to 5 years Interest Rates 7 to 25% Speed As little as 1 day |
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Invoice Financing
Invoice financing allows you to sell your invoices to a lender, who will then upfront you a large majority of the invoice amount, holding a remaining percent (usually 20%) until the invoice is paid. |
Maximum Advance Amount
Approx. 50 to 90% of the total invoice amount. Term When customer pays the invoice, you receive the remaining 10-50% reserve amount, minus the fees. Factor Fee Approx. 3% + %/wk outstanding Speed As little as 1 day |
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Short-Term Loan
With a short-term small business loan, you are lent a set amount upfront, which you quickly pay back (along with fees) over a short period of time. |
Maximum Loan Amount
$2,500 - $250,000 Term 3 - 18 months Interest Rates Starting at 10% Speed As little as 1 day |
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Merchant Cash Advance
Merchant cash advances are not your typical small business loan. With an MCA, financing companies upfront you a set amount of cash and then you repay this advance (plus their fee) with a set percent of your daily credit card sales. |
Maximum Advance Amount
$2,500 - $250,000 Term Automatically deducted each day through your merchant account Factor Fee 1.14 - 1.18 Time to Funding 1 week |
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Small Business Startup Loan
Our three startup loan products can help your young business get the capital needed to grow. These three products (business credit cards, business line of credit, and equipment financing) are a more traditional form of startup capital and a great option if you have a strong personal credit score. |
Maximum Loan Amount
$150,000 Term 6 months to 4 years Interest Rates 7.9 - 19.9% Speed As little as 2 weeks |
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Personal Loan for Business
A lot of people don’t know that you can actually use a personal loan for business purposes. Personal loans are especially helpful for new businesses that don’t have a long financial history to show lenders. Personal loans can often have lower interest rates than some business loans, making it a great option for young companies looking for financing to grow their business. |
Maximum Loan Amount
$35,000 Term 3 to 5 years Interest Rates 5.99 - 36% APR Speed As little as 1 day |
