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Business Finance Made Easy
Our Quick Business Loans Help All Businesses Grow!
Borrowing more than enough capital can often be just as stressful as not having enough. We’ll help you get a small business loan that’s right for you.
Business Loan Product Summary – Requirements & Documents
Download the loan application here.
|
REVENUE‐BASED LOAN & MERCHANT CASH ADVANCE |
EQUIPMENT FINANCING |
PERSONAL & START-UP LOAN |
SBA 7(a) LOAN | BUSINESS TERM LOAN | BUSINESS LINE OF CREDIT | |
|---|---|---|---|---|---|---|
|
APPROVAL AMOUNTS |
$20,000 - $5,000,000 |
$20,000 - $5,000,000 |
$20,000 - $500,000 |
$250,000 - $5,000,000 |
$10,000 - $250,000 |
$5,000 - $55,000 |
|
TERM LENGTH |
3 to 18 Months |
1 to 5 Years |
1 to 5 Years |
5 to 25 Years |
2 to 10 Years |
6, 9, or 12 Months |
|
MINIMUM CREDIT SCORE |
None |
580 |
700 Experian |
680 |
500 |
550 |
|
ANNUAL REVENUE REQUIRED |
$360,000 ($30K per month) |
$360,000 ($30K per month) |
$50,000 (Taxes or Paystubs) |
$500,000 (Must show at least 10% profit) |
$240,000 ($20K per month) |
$240,000 ($20K per month) |
|
TIME IN BUSINESS |
1 Year |
1 Year |
0 Months (Requires At Least 5 Tradelines) |
2 Years |
3 Months |
2 Years |
|
COST OF CAPITAL |
Medium/High 1.20 to 1.49 Factor Rate |
Low/Medium 6%-35% |
Low 6%-18% |
Low 5%‐9% |
Medium/High 25% to 75% |
Medium 15%-30% |
|
IMPORTANT DETAILS |
•Approvals of 50%-150% of Average Monthly Sales •Daily or Weekly Payments •All Industries Qualify |
•Approvals from 100%-200%of Average Monthly Sales •Monthly Payments •60%-95% Financing |
•Less than 35% Utilization •Minimal Recent Inquiries •Strong Credit History •No Recent Negative Items |
•Requires Strong Credit History •Requires Profit on Taxes •No Excessive Business Debt •Certain Industries Eligible |
•Monthly Payments •Available in 30 States •Early Payment Discounts •Can Be Used to Refinance |
•Revolving Line of Credit •Pay Only for Funds Used •Weekly Payments •Existing Loans Allowed |
|
DOCUMENTS REQUIRED FOR PRE-APPROVAL |
•Business Loan Application •4-6 Months of Business Bank Statements •4-6 Months of Credit Card Processing/Merchant Statements (if applicable) |
•Business Loan Application •4-6 Months of Business BankStatements •Copy of Equipment Invoice |
•On-line Loan Application •If Approved: •Tax Returns •Analyst Phone Call •Bank Statements •Pay Stubs •Utility Bill |
•SBA Loan Application •12 Months of Bank Statements •2 Years of Business Taxes •2 Years of Personal Taxes •YTD Financials (Profit & Loss, Balance Sheet) •Copy of Recent Credit Report |
•Business Loan Application •3 Months of Business Bank Statements •Phone Call with Analyst |
•Business Loan Application •4 Months of Business Bank Statements •Driver’s License•Voided Check |
Providing Working Capital from $20,000 to $5,000,000
Quick Business Loans
APPLY IN MINUTES
Our secure online application only takes 2 minutes. Apply today & qualify for the best options.
GET APPROVED QUICKLY
We’ll review your business information and lay out all the funding options we have available.
GET YOUR FUNDS!
Once approved, you’ll access working capital immediately!
Our Quick Business Loans Help All Businesses Grow!
Serving All Industries
If you already have a business and need additional capital, business financing may help you reach new heights.
Cartier Women's Initiative.
Giving Joy Microgrant.
Golabal Good Fund Fellowship.
IFundWomen Fund Forward Awards 2022.
Kapitus Building Resilient Businesses Grant.
Famous Amos Ingredients for Success.
Entrepreneurs Initiative (due 6/26)
Cartier Women's Initiative.
Giving Joy Microgrant.
Golabal Good Fund Fellowship.
IFundWomen Fund Forward Awards 2022.
Kapitus Building Resilient Businesses Grant.
Famous Amos Ingredients for Success.
Entrepreneurs Initiative (due 6/26)
No Credit Check Business Loans
Qualify for Working Capital Regardless of Your Credit History
If your business generates significant income, you can receive financing without a credit check.
- 1 Years in Business Required
- $30,000 a month in bank deposits
- Minimal NSFs/negative balances
- Must have online business banking
- Tax Liens and Collections are OK
- All Industries Qualify
Equipment
Financing
Purchase Equipment or Using Existing Collateral for a Loan
Whether you need equipment or machinery to grow your business, GoKapital can help you find the right program.
- 1 Years in Business Required
- $30,000 a month in bank deposits
- Terms Up to 5 Years
- Monthly Payments
- Receive up to 90% for a purchase or sale leaseback. All 50 states.
Personal/Start-up
Loan
Start a Business or Obtain a Low Rate Personal Loan
Obtain the capital you need to start a business, or obtains funds for any purpose. Strong credit history is required.
- $25,000 to $500,000 Available
- Terms from 1 to 5 Years
- Monthly Payments
- Rates from 6% to 18%
- Credit of 680+ Required. All 50 states.
- Annual Income of at Least $30K Needed
Business Cash
Advance
Instant Pre-Approval On $20,000-$5,000,000
Receive funding based on your monthly revenue. No minimum credit score requirements and all industries eligible.
- 1 Year in Business Required
- $30K a Month in Revenue Required
- Bad Credit and Tax Liens are OK
- Daily or Weekly Payments
- Funding in 24 Hours or Less! 4 months of business bank statements required
SBA 7A Business
Loans
Low-rate Financing with Long Terms from the Small Business Administration
If you have strong credit history and profitable business, you may qualify for SBA financing under the 7a program.
- 2 Years in Business Required
- $250K in Annual Revenue and Profitability
- 2 Years of Tax Returns Needed
- 6 Months of Business Bank Statements
- 4.5% to 7% Rates | 10 to 25 Years | $50K to $5MM | Closing in 3-6 Weeks
Unsecured Business Term Loan
Low Monthly Payments Regardless of Your Credit Score
Grow your business or refinance debt with our unsecured business term loan. Only available in 30 states currently.
- Funds from $20,000 to $250,000
- Terms from 2 to 10 years
- 3 Months in Business Required
- Online Business Checking Account Needed
- Low Monthly Payments
- Approvals in 24 Hours
No Credit Check Business Loans
Qualify for Working Capital Regardless of Your Credit History
If your business generates significant income, you can receive financing without a credit check.
- 1 Years in Business Required
- $30,000 a month in bank deposits
- Minimal NSFs/negative balances
- Must have online business banking
- Tax Liens and Collections are OK
- All Industries Qualify
Equipment
Financing
Purchase Equipment or Using Existing Collateral for a Loan
Whether you need equipment or machinery to grow your business, GoKapital can help you find the right program.
- 1 Years in Business Required
- $30,000 a month in bank deposits
- Terms Up to 5 Years
- Monthly Payments
- Receive up to 90% for a purchase or sale leaseback. All 50 states.
Personal/Start-up
Loan
Start a Business or Obtain a Low Rate Personal Loan
Obtain the capital you need to start a business, or obtains funds for any purpose. Strong credit history is required.
- $25,000 to $500,000 Available
- Terms from 1 to 5 Years
- Monthly Payments
- Rates from 6% to 18%
- Credit of 680+ Required. All 50 states.
- Annual Income of at Least $30K Needed
Business Cash
Advance
Instant Pre-Approval On $20,000-$5,000,000
Receive funding based on your monthly revenue. No minimum credit score requirements and all industries eligible.
- 1 Year in Business Required
- $30K a Month in Revenue Required
- Bad Credit and Tax Liens are OK
- Daily or Weekly Payments
- Funding in 24 Hours or Less! 4 months of business bank statements required
SBA 7A Business
Loans
Low-rate Financing with Long Terms from the Small Business Administration
If you have strong credit history and profitable business, you may qualify for SBA financing under the 7a program.
- 2 Years in Business Required
- $250K in Annual Revenue and Profitability
- 2 Years of Tax Returns Needed
- 6 Months of Business Bank Statements
- 4.5% to 7% Rates | 10 to 25 Years | $50K to $5MM | Closing in 3-6 Weeks
Unsecured Business Term Loan
Low Monthly Payments Regardless of Your Credit Score
Grow your business or refinance debt with our unsecured business term loan. Only available in 30 states currently.
- Funds from $20,000 to $250,000
- Terms from 2 to 10 years
- 3 Months in Business Required
- Online Business Checking Account Needed
- Low Monthly Payments
- Approvals in 24 Hours