New York based. Funding decisions in three business days. 1 212 555 0100  ·  [email protected]
Two structures

Pick the shape that matches the spend

9.40 percent and up

Equipment and expansion loan

Secured against the asset being purchased, with longer tenors.

Range
$150K to $5M
Term
12 to 84 months
Rate band
9.40 to 15.90 percent
Origination
1.50 percent
8.90 percent and up

Working capital term loan

For inventory, payroll, marketing and day to day operating needs.

Range
$100K to $2M
Term
6 to 60 months
Rate band
8.90 to 16.50 percent
Origination
2.00 percent
What you need to apply

Have these ready and the file moves quickly

  • Six months of business bank statements
  • The most recent business tax return, where one exists
  • Formation papers and your employer identification number
  • Photo identification for each owner holding twenty percent or more
  • A short note on what the money is for

Missing something? Start anyway. The application saves as a draft and the review desk will tell you precisely what is outstanding.

Eligibility

  • Registered and trading in the United States
  • At least two years of trading history
  • Two million dollars or more in annual revenue
  • A business bank account in the name of the company
Trading for less than two years? The Tech Launch Grant and the Main Street Growth Grant are open to earlier stage businesses, award between fifty thousand and two hundred and fifty thousand dollars, and carry no repayment.
Common uses

What owners actually fund

Payroll through a slow quarter

Keep a trained team together while large receivables catch up.

Inventory before a season

Buy at the right price rather than the available one.

Equipment and fit out

Machinery, vehicles, kitchens and workshop build outs.

A second location

Deposit, build out and the first three months of running costs.

Refinancing costly debt

Replace daily repayment products with one fixed monthly figure.

Marketing with a measurable return

Fund a campaign you can point at with numbers.