Working Capital Program
Use your working capital for inventory, hiring new employees, equipment purchase and much more.
What is this program best used for?
- There is no restriction on the use of funds.
- You can use working capital for inventory, hiring new employees, equipment purchase, new location expenses, marketing, etc.
- This is revenue based financing – which means we can typically have you approved for 1-2x your average monthly revenue
- You will be eligible for additional financing once you are 50% paid into the term.
How do I qualify?
- The business has to be open for at least 6 months with 4 months of business bank statements available for review.
- There is a minimum personal credit score requirement of 500+ and $12,000+ in average monthly deposits.
- It is ideal if there are no more than 7 overdrafts/negative days in the business checking account each month.
How Long does it Take?
- Your business will typically receive an approval within 24 hours of submitting your application and supporting documentation
- Funding will take place the next day and your working capital proceeds will be disbursed via ACH or Wire Transfer into your business checking account!
What are The Rates?
- The rates start as low as a 1.10 Factor Rate all the way up to a 1.40 Factor rate (we know it’s a big range but each application is unique)
- Early payment discounts are built-in standard
- Any interest you accrue is a write off when used for business expenses!
How do I start the Process?
Schedule a 15 minute strategy session to learn more about your goals and see if you are a great fit for this service!
01Apply Online
Just a few quick questions and away we go
02Get Approved
Get your approval and jump for joy!
03Receive Your Funds
Accept your terms and the funds are on the way!