Where Your Business Comes First

Unsecured Working Capital

$5,000 – $1,000,000

Loan Amount

500

Minimum FICO

Apply Now

How much are you looking for?

Where Your Business Comes First

Unsecured Working Capital

$5,000 – $1,000,000

Loan Amount

500

Minimum FICO

Apply Now

How much are you looking for?

percent

18%

Rates as Low as

calendar

2 – 18 Months

Term Length

message

3 Months

Min. Time in Business

time

6-12 hours

Approval

dollar sign

48 Hours

Time to Fund

What is Unsecured Working Capital?

Unsecured working capital is a regularly used term for businesses to acquire capital without having to pledge any type or asset or collateral. This type of financing considers a business’s cash flow via monthly bank deposits to determine how much capital a customer could qualify for. This is typically around up to 125% of the monthly revenues and the customer pays the lender back through a daily or weekly fixed payment via ACH from that said lender.

The attributes that any lender looks at in determining how to qualify a business for this kind of financing are, type of industry, time in business, credit score, and revenue streams. Terms vary depending on the lender and business traits but typically can range from 2-24 months with accompanying rates as low as 18%, which are deemed as a factor rate. Unsecured working capital financing is different than traditional financing as it does not use a fixed term or repayment schedule, as a factor rate is used instead of APR is not used.

Product overview

  • $ 10,000
    Minimum Gross Sales (Monthly)

  • Daily/Weekly
    Payment Options

  • Typically for clients that need funds quickly

  • Early Payoff Discount

  • Minimal Paperwork needed

  • Unsecured (No Collateral Attached)

Docs Required for Submission

– Business Application
– Last 3 Months of Business Bank Statements

Apply Now
handshake
handshake

Docs Required for Submission

– Business Application
– Last 6 Months of Business Bank Statements

Apply Now