CapFront Business Loans Review

Overview

CapFront is a business lending marketplace that offers a diverse array of financing solutions tailored to small and medium-sized businesses. CapFront connects businesses with suitable funding options, ranging from SBA loans to merchant cash advances. Its application process is straightforward – your loan can be approved in as quickly as four hours. CapFront offers funding up to $5.5 million and rates as low as 1% per month.

Suitable For?

CapFront can be a good fit for small to medium-sized businesses seeking flexible financing options with a streamlined application process. It can be particularly useful for businesses that value personalized support and a variety of loan products to meet diverse financial needs.

Loan Features

CapFront offers multiple types of loans and financing options, including:

• SBA loans: Government-backed loans up to $5.5 million, with terms ranging from seven to 25 years
• Equipment financing: Loans up to $80 million for purchasing or leasing equipment, with terms from one to six years
• Revolving lines of credit: Up to $250,000, with terms from six months to three years
• Term loans: Working capital loans up to $2 million, expansion loans up to $500,000
• Merchant cash advances: Up to $5 million, with terms from three to 24 months
• Direct lending: Loans from $10,000 to $500,000 with terms ranging from three to 12 months

CapFront Highlights

Wide variety of business loans and financing options

• Online application with dedicated relationship manager support
• Straightforward application process
• Quick approval times
• A+ Better Business Bureau rating
• 5/5 TrustPilot rating based on over 800 reviews

The Application Process

Applying for a business loan with CapFront is simple. You begin by completing the online application and then connecting with one of CapFront’s dedicated relationship managers to discuss your specific needs. Then you provide the documents requested by them to begin the underwriting process.

Next, you receive multiple funding options within hours and discuss them with your dedicated relationship manager to make sure you choose the right solution for your business.

Depending on the product you choose, funds can be deposited into your account as quickly as the same day that you agree to the terms.

Loan Terms and Requirements

This is what you need to qualify for a loan with CapFront:

• You must have been in business for at least three months.
• Have an annual revenue of at least $60,000
• The past four months of business bank statements
• No credit minimum
• Signed application

Repayment Terms

CapFront’s repayment terms will vary depending on the loan type and the terms you’re approved for. Term options may include:

• SBA loans: 7-25 years
• Equipment financing: 12-72 months
• Revolving lines of credit: 6-36 months
• Merchant cash advances: 3-24 months
• Direct lending: 3-12 months
• Term loans: 6-84 months

Additional CapFront Services

In addition to financing, CapFront offers other services to small and medium-sized businesses, including:

• Credit preparation: Resources and tools to improve your credit and get ready to apply for your next business loan
• CFO services: Get a 360° view of your finances, generate projections, clean up your books, and boost your profitability to be eligible for better funding options
• Credit card processing: Comprehensive payment solutions to lower your merchant account fees and surcharges

Privacy and Security

CapFront’s site features robust 256-bit Secure Sockets Layer technology that encrypts transferred data. The company doesn’t share personal information and collects sensitive information only for the purpose of processing your loan application.

Customer Service

CapFront offers customer support Monday through Friday, from 9:00 a.m. to 6:00 p.m. EST. You can reach the company by phone or email.

As part of its personalized approach, each client is assigned a dedicated relationship manager the moment you start your application. Relationship managers will help you throughout the loan process.

CapFront provides comprehensive information about its financing options, application process, and other services through its website. Additionally, it publishes a blog with a wide array of articles and posts with relevant information to help you improve your business and navigate your lending options.

FAQs

My credit isn’t perfect, can I still get a loan?

CapFront doesn’t have minimum credit requirements, so it’ll consider your application regardless of your credit profile.

What can I use a CapFront business loan for?

This will depend on the type of loan you apply for. Certain lending options, such as equipment financing, are designed for specific needs. But if you apply for an SBA loan, for example, you can use your funds for whatever business needs you may have.

How long does it take to receive my funds?

You can receive funds from a CapFront in as little as four hours — or the same day you approve the terms on your loan.

What types of fees does CapFront charge?

The fees will depend on the type of loan you apply for and the conditions you choose.

Summary

CapFront offers a comprehensive suite of financing options specifically designed to meet the needs of small and medium-sized businesses. With a focus on personalized service, a variety of loan products, and a streamlined application process, CapFront can be a good fit for your business, especially if you’re looking for a lender that doesn’t have strict credit requirements for approval.

Physical Address

210 Old Country Road, suite 101

Garden City, NY 11501

USA

AI was utilized in the creation of this content, alongside human validation and proofreading.