FAQ
What types of financing do you offer?
Revolving Facility or Term Facility. Repayment is amortized (fixed installment covering interest and principal) or interest-only for a specified period, and then amortizing principal once that period ends.
Will applying for a funding quote affect my credit score?
No, it is a soft pull. Not touching score nor leaving inquiry.
I already have an existing loan—can I still qualify?
Yes. Will get paid off with senior position, alternatively junior position not touching existing debt.
How long does the approval process take?
Within 5–7 business days.
When will I receive funds after approval?
Once both parties sign, funds will be available that same day.
Are there any prepayment penalties?
Yes and no. During the interest-only period there is a small prepayment fee. Once the facility is amortizing, there are no prepayment penalties.
What documents do I need to apply?
Business Financials (P&L, Balance Sheet, etc).
How much funding could I qualify for?
Up to 35–50% of your annual recurring revenue (gross income). Higher approvals depend on strength of profile and growth.
What are the typical repayment terms?
3–10 years.
What are the typical rates?
12% annual percentage rate.
Are there any restrictions on how I can use the funds?
No. For payoffs and terminating existing UCC filings we’d handle ourselves.
Do you require collateral?
No. Guarantee here is corporate, not personal.
What qualifications do you look for?
Forecast projections and YoY growth rate.
Is there a minimum time in business required?
No.
Can startups qualify for financing?
Yes.
Are there any restricted industries?
No.