Headway Capital is very distinct from other small business loan lenders because it offers exclusive lines of credit. This caters to a very specific group of business owners: those who need funding up to $100,000 and who plan to pay it back in a shorter amount of time.
Unlike other business loan companies, Headway Capital offers a weekly and monthly payment option as well as 12-, 18-, and 24-month term loans. Interest is accrued on a daily basis and the customer only pays interest on what they draw.
A benefit of Headway Capital that is quickly recognizable is the functionality of their website. The company's claim to having excellent technology and customer service seems verified by its website and how intuitive it is to use.
In addition to the functionality of its site, Headway Capital makes it known throughout the site that the company places a big focus on security. The company states on its website that it is McAfee and Norton certified and it protects your information with bank-level security and 128-bit encryption.
This focus is not something that's entirely common in the industry, though it should be. With Internet security being a bigger risk than ever, more companies should advertise their Internet security as Headway Capital does.
Headway Capital offers great benefits when it comes to the funding process. First of all, the lender advertises that it can disburse funding within one business day after the application has been approved. This is impeccable turnaround time and should be valued for being faster than most other companies in the industry.
The requirements to receive a line of credit from Headway Capital also seem flexible. A business only has to be in existence for one year before they can qualify for a line of credit. They also claim to take a holistic approach to evaluate applicants instead of simply looking at credit scores. This means that applicants without flawless credit can still qualify.
When approved, each applicant will be notified of the maximum amount of credit for which they qualify. Applicants are not required to take this full amount initially but will be able to come back for more funding (up to their maximum credit) if it is necessary. This flexibility is surely to be attractive to many prospective borrowers.
Headway Capital offers little information about its rates on its website. Prospective borrowers need to apply before they receive more details.
However, this is common within the industry since rates depend on factors such as credit score and time in business. It should also be noted that Headway Capital still provides much more information on its website compared to other lenders.
Headway Capital does not offer its funding services in all 50 states. The company only offers funding in these states: Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Iowa, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, or Wyoming.
I am very grateful for them. They allowed me to follow my dreams! They made it very easy for me to get capital.
very easy to work with and got what I needed!!
Good company.. just didn't receive full information initially.. due dates, auto payments, password info to access account but got resolved
Efficiency and transparency on their dealings, they do what they say
easy to work with. fast and straight forward.
I like the fact that the fund is available on time but I would also like to see increase on the credit line.
Very simple process. Very friendly. Flexible funding. No prepayment penalties. We can borrow as necessary so we're not charged interest on borrowed funds we aren't using like one would with a traditional loan.
This transaction was one of the easiest and painless interactions I have ever encountered in my life! From the very first phone call with customer service to the end result of funding.. No hassle no fuss and transparent from the get go!
Staff was Great , easy to work with , trustworthy very reliable, very helpful and knowledgeable and the have the customers best interests always.. I really appreciate their time and help. I would definitely recommend them to anyone and everyone looking for some financial help and guidance
Representatives were excellent fast service Exactly as they said
Just loved them. They are reliable and did exactly what they said
Excellent rapport, very fast turnaround, clear terms.
Awesome customer service! Super Fast funding
Its been great. They were fantastic at helping me when we needed cash.
Desert Cactus Logistics
The application process was simple! Funds were available quickly. Now I am able to purchase the equipment needed to build my business and my brand.
Great Customer service, fast and upfront.
Efficient, quick and responsive, made the process easy, customer service was great in helping me with website and good instructions too.
Anne Marie Hull
Headway Capital is there as a safety net for our business. Dealing with Health Insurance sometimes can be a nightmare and Headway Capital is there if the insurance delays payments to us. Headway Capital was there when we had the government shutdown and government money was held back. Thank you Headway Capital for being a big brother to a little sister of a small business.
Headway Capital has made it possible for me to not only make payroll during a long, drawn out project, but they provided enough funds for us to meet some equipment upgrade goals. Communication and customer service has been ongoing, consistent, and immediate. Currently, we are very excited about our relationship with Headway and the revolving account that is there for us when we need it.
amazing company its been a struggle as a business owner to get financing for it Was told 2 years ago that it was almost impossible to get credit for a business in the first 7 years Here i am 3 years in business and am building the business a credit profile and headway capital is one of the first company's to make this happen Thank you headway capital Bergschnieder Landscaping
The experience we have had as a business has been a good one and Very smooth. We highly recommend using Headway Capital.
Fast, simple and straightforward loan process.
Excellent customer service! I'm very happy to find a company that will help me build my company.
Quick response to my financial needs. 2-3 days from money requests to deposit. Also, flexible terms, 12-18 months, use only what you need.
Professional, courteous and always timely efficient.
First Payment was deducted about 19 days after the line of credit money was deposited, and the second one was deducted 28 days after the second one, they supposed to deduct every month...
Efficient, professional organization. Prompt decision, courteous contact.
They were informative and provided a very efficient service.
I initiated a draw on 12/30/19 and it will not be available until 01/07/20. Yet I am being charged interest during this time. Plus I expected the funds much sooner. I though it was two business days. I am a very unhappy customer.
No surprises! That's important...the application process was straight forward, and everything happened as it wad explained, no changes after the fact.
Fast and friendly service and easy to understand. Very clear up front on what is needed and once provided they are matching you up with a lender.
Really good company and they help to grow small business
The cost of money borrowed is too high. If it was lower I would rate them a 6.
Easy to deal with I think the rate is alittle high and I wish there was a sit date on the monthly withdrawal
Easy to work with, clear understanding of how the product works.
so easy to work with. From start to finish of the loan
Excellent customer service I was able to receive the funds quickly.
They were willing to help us grow our business.
Robert Heslop, MD
Headway Capital is an easy company with which to do business. They make it very easy to get funding for your company.
good term. money is fast. agent Ken is wonderful.
Excellent company and the application process is simple. Great for startups
Not a scam! Finally a company that can deliver fast and with a reasonable competitive rate. I would reccomend and use them again.
Very responsive and good to work with. They are very professional and fast. I would definitely refer them
Great, customer friendly web site. Instant access to current info. Good communication.
Thank you Headway for your help. It was so easy getting funds.
Incredibly quick and easy! Looking forward to a long relationship. Thank you Headway!
Submitted a request and funding was in my account the next morning. Great customer service!
Working with Headway Capital was a great experience! They were responsive and the process was very smooth. I would highly recommend working with them!
Fast, efficient and easy process, quick funding
Awesome Experience and Joshua R was a joy to work with in getting it done🙂 this was my first time and it was a easy and great experience