The questions other lenders answer in footnotes

No, and this matters more than it sounds: our loans are true amortizing loans, so interest accrues on your remaining balance. Pay off early and you simply stop paying interest — you keep the savings. Some lenders charge fixed fees that you owe in full no matter when you repay; we don't.

Three, and that's the whole list: a one-time 3% origination fee deducted from your disbursement, a $25 late fee after the 10-day grace period, and a $15 returned-payment fee if an ACH bounces. No application fee, no maintenance fee, no draw fee, no early-payoff fee. If a fee isn't on this list, we don't charge it.

We never take specific collateral — your truck and your ovens stay yours. On funded loans over $150,000 we file a standard blanket UCC-1 financing statement, which is public record and is released when you pay off. Below $150,000, no filing at all.

Yes, if — and only if — it lowers your total cost of borrowing. We'll put the old cost and the new cost side by side in dollars. We won't stack: if you already have two or more outstanding advances, we'll decline rather than add a third, because that pattern usually ends with the business underwater.

It's real, with honest fine print: 24 hours is our fastest path, measured from e-signing an accepted offer to funds arriving. To hit it, sign before 12 pm MT on a business day. Most borrowers see funds the next business morning; a first-time ACH to some banks can take one extra day. The application-to-offer step adds up to one business day on top.

A 620+ personal FICO for at least one owner with 20% or more ownership. Checking your rate uses a soft pull, so you can find out where you stand without any impact to your score. Business credit helps but is not required.

No. The rate check and your offer are based on a soft inquiry, which is invisible to other lenders and doesn't change your score. A hard inquiry happens only if you accept an offer — and we tell you before it happens, never after.

For most loans: your last three months of business bank statements (connect read-only or upload PDFs), a government-issued ID, and your EIN. For loans over $250,000 we also ask for your two most recent business tax returns. That's it — no business plans, no projections.

First, we call you — not a collections agency. There's a 10-day grace period; after that a $25 late fee applies. If you see a hard month coming, contact us before the payment date: we can often move a due date or set a short hardship plan. Repeated missed payments can put the loan in default, which triggers the personal guarantee and gets reported to credit bureaus — so talk to us early. Silence is the only thing we can't work with.

Yes. Every owner with 20%+ ownership signs one, and you should understand exactly what it means: if the business cannot repay the loan, you are personally responsible for the balance. We'd rather explain that plainly up front than surprise you in a bad month. There's no way around it at our rates — unsecured business lending without guarantees would price much higher.

The common reasons: personal FICO under 620, under 12 months in business, revenue below $15,000/month, a restricted industry, a recent bankruptcy, or an active default elsewhere. If we decline, we tell you the actual reason and what would change the answer — for many applicants that's 'reapply in six months with these two things fixed,' and we mean it.

Honest answer: sometimes it isn't. A loan makes sense when it funds something that earns more than the total cost of borrowing — an asset, inventory that turns, a location with a lease you've negotiated. It rarely makes sense to fund ongoing operating losses, and our underwriters will decline when the payment would strain your cash flow, even when we could technically approve. If that's your spot, look at SBA microloans, local small-business grants, or talk to a SCORE mentor first.