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How it works

Three steps, with the clock running honestly

"Funded in 24 hours" is our fastest path, not our average — so here is the whole timeline, including the parts other lenders leave out.

The three steps in detail

  1. Apply online

    About 12 minutes

    Tell us about your business, connect or upload three months of bank statements, and check your rate with a soft credit pull — no impact to your score.

    • Have your EIN, business address and last three months of bank statements handy.
    • The rate check is a soft pull. Your credit score is not affected at this stage.
    • Save and resume anytime — your progress is kept on this device.
    • No application fee. No obligation at any point before signing.

  2. Human review & your offer

    Within 1 business day

    A Crescent underwriter — a person, not just a model — reviews your cash flow and sends a full offer: APR, monthly payment, origination fee and total cost of borrowing, all on one page.

    • We may call with one or two questions; most reviews finish the same day.
    • Your offer states the APR (never a factor rate), the payment, and the total dollar cost.
    • Offers stay open for 7 days. Sleep on it — the terms don't change.
    • If we decline, we tell you the actual reason and what would change our answer.

  3. Accept & get funded

    As fast as 24 hours

    E-sign your agreement and we send funds by ACH to your business account. Sign before 12 pm MT and most businesses see the money the next morning.

    • A hard credit pull happens only now, at acceptance — and we tell you first.
    • Funds arrive net of the 3% origination fee; the exact amount is on your agreement.
    • Repayment is a fixed monthly ACH — no daily or weekly debits, ever.
    • Your payoff amount is visible in your account from day one.

Under the hood

Four things decide your file — none of them is a mystery

01

Bank cash flow

Three months of deposits, balances and existing debits. This is the heart of the decision — a strong file here can outweigh a mediocre score.

02

Personal credit

A soft pull of the guaranteeing owner's FICO. It sets the starting rate band; it doesn't get the final word.

03

Time in business

Twelve months is our floor. Three winters is where pricing gets friendly.

04

Existing obligations

Loans, leases and advances the business already pays. We won't be the payment that tips the boat.

What we don't use: your ZIP code, your gender, your ethnicity, or your web browsing. We audit the model quarterly to keep it that way. The exact way these four inputs set your rate is published on the rates page.

Have these handy

The whole document list

No business plans, no pitch decks, no projections. If you bank online, you can finish the application without leaving your chair.

  • Last 3 months of business bank statements (or a read-only connection)
  • Government-issued photo ID for the guaranteeing owner
  • Your EIN — it's on IRS letter CP-575
  • For loans over $250,000: your two most recent business tax returns

After the money lands

Repayment, without surprises

  • One fixed payment, monthly

    A single ACH on the same date each month. Never daily debits, never a percentage of your card sales.

  • A payoff figure, any day

    Your remaining balance and today's payoff amount sit in your account dashboard from day one. Paying early always saves the remaining interest.

  • A person when things change

    Slow season coming? Call before the payment date. Due-date moves and short hardship plans exist for exactly that conversation.

Start the twelve minutes

Soft pull, no application fee, and an estimate you can see before you type your name.

Check your rate
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