Working capital that arrives while the opportunity is still open
Five hundred thousand to one hundred million dollars for payroll, stock, equipment, a second site or the quiet month before a busy season. Fixed rate, fixed term, no early settlement penalty.
At a glance
- Amount
- $500,000 to $100,000,000
- Rate
- 3 to 5 percent fixed
- Term
- 10 to 15 years
- Origination fee
- 5 percent of the amount approved
- Decision
- Three business days
- Early settlement
- Free, at any time
Pick the shape that matches the spend
Equipment and expansion loan
Secured against the asset being purchased, with longer tenors.
- Range
- $1M to $100M
- Term
- 10 to 15 years
- Rate band
- 3.00 to 4.50 percent
- Origination
- 5.00 percent of the amount approved
Working capital term loan
For inventory, payroll, marketing and day to day operating needs.
- Range
- $500K to $50M
- Term
- 10 to 15 years
- Rate band
- 3.50 to 5.00 percent
- Origination
- 5.00 percent of the amount approved
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
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.