Which Business Loans Company Is Right for Me? Result #15


1. CAN CapitalScores Hzntl

can-capital-logo

  • Term Length: 4-14 Months
  • No Hidden Costs
  • Standard Loans and MCAs Offered
  • Interest Rate: $0.35/Dollar
  • A+ BBB Rating
  • $150,000 Loan Max.

As one of the largest small business lending alternatives in the nation, CAN Capital has assisted over 100,000 small- and medium-sized-business owners receive the funding necessary to move their business ideas forward. Those who qualify can receive funding at competitive interest rates in as little as two days. CAN Capital offers flexible terms, and can assist companies that have been in business as little as four months. Borrowers will not need to worry about hidden origination or prepayment fees, and CAN Capital will even provide a discount to borrowers who pay off their loans early. However, potential applicants must bear in mind that CAN Capital will only finance companies with at least $4,500 in monthly revenue coming in. The company will also not accept applicants with credit scores lower than 550.


5. Swift CapitalScores Hzntl (1)

can-capital-logo

  • Term Length: 3-12 Months
  • No Interest Fees on Cash Advances
  • Standard Loans and MCAs Offered
  • Interest Rate: $0.25/Dollar
  • A+ BBB Rating
  • $300,000 Loan Max.

True to its name, Swift Capital is one of the fastest alternative small-business lenders in the industry. Depending on the size of the loan, borrowers can be approved for and receive their loan in as little as one hour for smaller amounts, and no more than 72 hours for larger loans. Swift Capital offers a maximum loan of $300,000 for qualifying applicants, which is twice the maximum amount offered by some larger business loan providers. And as an added benefit, Swift Capital charges no APR for its merchant cash advances (MCAs), but rather a one-time premium fee. Swift Capital will only lend to applicants with at least a 550 credit score, and at least $5,000 in monthly revenue. Meanwhile, cash advances through Swift Capital are expected to be repaid within six to 12 months.