FAQs

The timeframe for funding varies depending on the type of financing you choose. Generally, a Business Line of Credit or Invoice Factoring can be set up within a few days. However, for options like Equipment Financing, Healthcare Financing, and SBA Loans, the process may take several weeks due to more extensive credit checks and paperwork requirements.

Yes, in most cases, lenders will pull your credit as part of the application process to assess your creditworthiness and determine loan terms. It's advisable to inquire about the lender's credit check process before applying.

Approval timelines vary based on the financing type and the lender's processes. Some lenders can approve applications within a few hours, while others may take a few days or weeks. Complex financing options such as SBA Loans or Equipment Financing typically have longer approval periods, often spanning several weeks.

Please note that these are general estimates, and actual timelines can differ based on factors like lender policies, loan complexity, and borrower credit history. For accurate information, always consult your lender directly.