Big Think Capital Reviews

Big Think Capital has a wide variety of loans to help you access money for your business.

SBA loans

Because the government backs Small Business Administration (SBA) loans, they can be easier to qualify for, often featuring more competitive interest rates and longer terms. With SBA loans, you can borrow up to $5.5 million.

However, if you need money quickly, both SBA FastTrack and SBA Boost have faster processing.

SBA FastTrack allows borrowers to access up to 50% of gross revenue, while SBA Boost offers funding of up to $500,000.

Term loans

Business term loans are installment loans that offer a fixed interest rate and predictable monthly payments. You can use them to consolidate your debt, upgrade your equipment, expand your inventory or take care of any other business need.

Business lines of credit

Business lines of credit are revolving accounts that let borrowers access funds as needed up to an approved limit.

Commercial real estate

A commercial real estate loan lets you borrow between $100,000 and $100 million to purchase a commercial property.

Equipment financing

Equipment financing provides you with funds you can use to purchase new equipment for your business. There are no application fees or prepayment penalties.

Invoice factoring

If you have outstanding invoices, you can borrow against them using invoice factoring. Invoice factoring gives you access to cash while you wait for your customers to pay. There’s no minimum credit score requirement.

E-commerce funding

E-commerce funding provides businesses with fast access to cash for advertising campaigns, content creation, inventory and other business needs.

Big Think Capital can connect to your e-commerce marketplace to review sales data, which may help speed up funding decisions.

Gig worker and 1099 funding

Freelancers and independent contractors can get a loan without having to show W-2 forms. There’s no application fee or prepayment penalty.

HELOCs

If you have equity in your home, you can get a home equity line of credit (HELOC) from Big Think Capital. You can borrow up to $75,000 with terms between five and 30 years. Annual percentage rates range from 8.25% to 11.5%, with no prepayment penalties.

Big Think Capital loan requirements vary by financing product and may include minimum credit score, revenue and time-in-business requirements.

The only Big Think Capital rates publicly disclosed are those for HELOCs, which range from 8.25% to 11.5%. These rates are in line with the current market.

The exact interest rate you’ll receive depends on your credit score, the stability and history of your business and the market at the time of your application.

Big Think Capital works with partner lenders, so fees and closing costs may vary depending on the loan provider and financing product. Specific fees should be disclosed during the application and underwriting process.

Before accepting a loan offer, be sure you ask about these common fees:

• Origination fees
• Application fees
• Closing costs
• SBA guarantee fees
• Prepayment penalties
• Annual fees

Big Think Capital offers three ways to apply for funding: online, with assistance from a loan specialist or over the phone.

With the online application, you create an account and upload business documents for review. Once your application is reviewed, you may receive multiple loan offers.

If you apply with assistance, you fill out a short online form and a funding specialist contacts you to help complete the application process and review your loan options.

You can also apply over the phone by calling 844-200-7201 to speak directly with a funding specialist.

Once you submit your application, you will receive offers from Big Think Capital’s network of lenders. You may receive loan offers within minutes and have funding as soon as the next business day.

Big Think Capital's application process involves a soft credit check. A hard credit check will be performed only after you’ve selected a loan offer from a partner lender.

Yes, Big Think Capital is a legitimate lending marketplace with over 75 lending partners. It’s a member of the Commercial Loan Broker Association and the National Equipment Finance Association. The company operates offices in New York and Florida and offers several financing products, including SBA loans, term loans and business lines of credit.