BestCompany.com is trying to work directly with this company to verify the accuracy of the information on this page. Thank you for your patience as we make sure we’re getting it right.
Are you a representative
of this company?Claim this Profile
|#1 Lendio ›|| |
|#2 Kabbage ›|| |
|#3 RapidAdvance ›|| |
|#12 SnapCap ›|| |
The loan calculator that SnapCap offers also gives prospective borrowers the option to adjust your credit score, repayment term, and loan amount. This calculator is incredibly useful for prospective borrowers who are deciding who they would like to borrow from and planning out their estimated monthly budgets.
With SnapCap, business owners can obtain the financing they need to launch new products or services. The SnapCap platform enables businesses to get the capital they need, even when banks turn them down. In contrast to other loans, SnapCap loans do not have an allotted amount of time that companies need to be in business before applying. Even startups can apply.
While many other lenders can take weeks to disburse funding, SnapCap offers a turnaround of 48 hours. This short time frame gives businesses the opportunity to receive and implement funds quickly.
SnapCap offers four different types of small business loans including working capital loans, inventory loans, expansion loans, and equipment loans. The company's website also provides a significant amount of information regarding these short-term loan options as well as information about unsecured loans and secured loans.
Prospective borrowers should be aware of the information that the SnapCap site is missing so that they can know to ask these questions if they apply for small business loans from SnapCap or if they pursue a conversation with the SnapCap team. We do not know if they have prepayment penalties, what the minimum revenue requirement is, or what fees they have.
As part of our service, we attempt to partner with all the companies that we review, and may get compensated when you click or call them from our site; however, regardless of any current, past, or future financial arrangements, companies listed on Best Company cannot buy their position, nor do we manipulate or inflate a company's ranking for financial gain. A company’s ranking is based on and calculated by an objective set of ranking criteria, as well as user reviews. For more information on how we rank companies, click here.
All user reviews posted on Best Company are subject to screening and approval. We reserve the right to approve or deny any review posted to this site in accordance with our Review Guidelines. Best Company never suppresses user reviews—unless they are being investigated for authenticity, or if they violate our review guidelines. We encourage anyone who suspects a user review to be fraudulent or intentionally inaccurate to please notify us here.
Clare and Ben were really fantastic to work with, and they made the process simple and straightforward. Really happy I found them!
Very straight forward process with a demonstrated empathy toward the client / customer.
Quick and easy. The entire transaction took twp phone calls and five emails. Kyle was awesome and got the job done with no worries on my end.
Quick, easy and the did what they said they’d do right from the start.
Chris help me a lot during the process which was very smooth and fast. Everything was disclosed to me during the process and funds were were available within hours. Thanks Again!
Good communication and friendly but professional approach, Keith was attentive and responsive, very positive experience.
Honestly - this is a great service. Unsecured quick business loans (1 day) are not going to be at anything like discounted interest rates of course - but if you qualify for this there is no better service available.
Keith was easy to work with, made everything really clear and efficient.
Claire made the process smooth. Despite my busy schedule she kept on top of the process and always kept me informed.
Very easy and quick...The representative was very friendly and helpful
Service was fast and great! They're really on top of things and communicate with you on your schedule.
I was very happy with the staff, and the process was easy. However, during my conversations with the staff, I asked what the interest rate was. I was told it was a little over 20%, which is high, but a lot of credit cards are even higher these days so I took the offer. After completion of the process, having been walked through it with an underwriter over the phone, I find out that my interest rate is actually 66.86% interest. WOW, didn't even know that was legal, and was not made aware of it prior to finalization of the process. I could have gotten a better rate from a loan shark. Very disappointed!!!
We received a large order and we needed capital quickly to purchase parts and material. A traditional loan would have taken weeks, and with SnapCap we provided bank statements and had the money in our bank account the next day.
Snap cap to a true approach to my lending needs. They just didn't throw me a loan just to be loaning me business capital. They took a long hard look at my numbers a offered a reasonable loan amount at terms of repayment that fits my needs.
It was simple and fast! the service was friendly and I had to settle for way less than expected even though an alternate source offered me 40% more money at better terms.
Larry was able to get our new business funded within a few days with no business credit and so so personal credit. We look forward to future business with SnapCap.
Fast service and so much easier than I had expected.
Not sure what to say. Filled out all the forms, sent signed documents, they requested additional information, sent what I had, and never heard back.
The whole process took less than 24 hours. We received funding the next business day. Quick and Painless...We will be a customer for a long time.
I had a very good experience and Matt was very helpful. I wish the terms of the loan could have been weekly instead of daily. My accountant was not too happy about this.
I had a smooth, focused experience the entire time. I gave Larry, my rep, the information he needed, and he was high-contact as he got me my offers and helped me make a decision and move things forward.
Snap cap was great service. It was fast and smooth.
Easy to work with!!! Awesome customer service, with great explanation of the process.
The process of application to funding was very fast, professional and straightforward. I highly recommend SnapCap for those businesses in needs of funds quickly. Lisa A.
I really enjoyed working with Mike T. He was extremely responsive, instructive and down-to-earth.
Great details and prompt response. Very professional.
They made the whole process easy and painless, they were honest straightforward and friendly
It was a pleasure working with Matt. He was very professional and kept us informed of the process and progress of our loan application the entire time. He made sure we understood the loan options available to us so we could make a choice that best fit our business needs.
My contact Kyle O.... listen to my concerns / needs at the beginning of the loan process.. then worked with me thru numerous options.. even when we needed to confirm info with people from my corporate office.. he was extremely certain that we would work thru these issues... popeyes has recently been sold to RBI .. and most of the common contacts are not in play... and this made closing a little difficult with respect to the verification process...
Awesome, Awesome, Awesome. Great professional people to work with, very realistic, and understanding. I got my life-saving cash in a heartbeat. Thank you! SSoliman Torrance, California
Very easy loan process. All terms were explaining perfectly. Calls and emails were immediately answered. Loan approval was speedy fast, less than 24 hour turn around time and after agreeing to the terms, the funds were deposited the next morning. So glad we went with a trusted name! Was afraid of applying for a loan for our business, first time ever doing this, but we are truly satisfied. Larry C. was our go to person for questions and explanations. He was wonderful. His voice is so kind you would think he was smiling the entire time. Very positive attitude.
Chris,and everybody at snapcap is totally awesome. With my busy schedule they probably didn't think that of me but they were very accommodating and got done what I requested in record time.would recommend this company to anyone that doesn't have the time for traditional bank loans and needs quick funds.
Lets face it going to these kinds of companies for all of us small business's is a royal pain to begin with. Do yourself a favor and use someone else, these people were very rude and did not return our phone calls as promised. we did not use them just for this reason, If your going to be charged super high rates and short term pay back at least use someone that acts like they care. WE found that company and it sure wasn't these knuckle heads. Anyone can get reviews that say they are great, But these people are not in that category!!!!
The process was easy. My account manager was great when it came to requesting and reviewing the additional info needed for approval
I felt compelled to write this review because of the service delivery provided to me by Colin at SnapCap and the quick access to the money my business needed for expansion. The loan was deposited into my bank account 3 days after applying. This was my first time working with SnapCap, and I'll be sure to do business with them again if the need arises.
SnapCap helped me get the funding that I needed for my business. Eric and Greg were professional and knowledgeable throughout the entire process!