Frequently Asked Questions
Our core programs are equipment finance, term loans and lines of credit. Because of our diverse customers and their needs, we offer a variety of additional finance programs as well. If you don’t see what you’re looking for, let us know and we will likely find it.
No, there are no fees or commitments when applying.
Yes, we use personal and business credit to determine the best financing option. However, we use a soft inquiry, which will not impact your credit.
After you’ve submitted the necessary documents for your requested financing, we can typically have a decision for you within 3-5 hours. If approved, we’ll walk you through the terms and next steps to finalize. It will typically take 1-3 days to complete funding.
Rates and terms are determined based on your credit history, product type and asset being financed (when applicable). In a broad sense, we offer rates/terms that cover the entire ‘credit spectrum,’ from bank rates to challenged credit programs. If you’d like to get a better idea of what you can expect, reach out and we can generally give you more specific information.
We consider ourselves to be a compliment to your bank, not a replacement. In addition to our internal credit line, we partner with local banks, specialty commercial lenders and niched creditors to provide you with the best possible option when you need financing. Think of us as your finance ‘Google’ and advisor, all in one.
Great question! The easiest answer is… it depends. Financing equipment or utilizing a loan/LOC allows your business to maintain your cash flow, which allows you to keep operating without major cash outlays. This provides predictability while also allowing you to put that cash to work. If you’re not sure what the right path is, we can provide some guidance based on your specific situation.
