Kapitus Reviews

A small business loan is the most common type of business loan. Also known as a working capital loan, these loans come with quick funding times and flexible repayment schedules. You can use them for almost anything, including business emergencies, slow seasons and new purchases.

• Loan amount: $10,000 to $5 million
• Loan terms: Six to 24 months
• Repayment schedule: Daily, weekly, bi-weekly, monthly
• Funding speed: As quick as 24 hours
• Minimum eligibility requirements: 650 credit score, two years in business, $250,000 in annual revenue

A business line of credit works much like a business credit card — it’s a revolving line of credit, and you only pay interest on what you use. But unlike a credit card, a line of credit often comes with lower interest rates. It’s best for expenses that require cash on hand, like payroll and other operational expenses.

• Loan amount: $10,000 to $750,000
• Loan terms: 12 to 36 months on the draw amount
• Repayment schedule: Daily, weekly, monthly
• Funding speed: As quick as 24 hours
• Minimum eligibility requirements: 650 credit score, two years in business, $180,000 in annual revenue, established business credit

Equipment financing can be a good option if you need to purchase equipment without dipping into savings. You can use it for everything from new farming equipment to new computers for your office. It’s ideal for those in fields like medical care, construction, manufacturing, agriculture, transportation and restaurants.

• Loan amount: No limit
• Loan terms: Rates start at 8.99%, repayment up to 60 months
• Repayment schedule: Weekly and monthly
• Funding speed: As quick as 24 hours
• Minimum eligibility requirements: 675 credit score with three years in business (or 775 credit score with one year in business), equipment invoice

The Helix Healthcare Financing program is for independent medical practices that need cash to keep their practices running smoothly. Kapitus offers a variety of medical care financing options, including equipment loans, working capital loans and lines of credit.

• Loan amount: Varies
• Loan terms: Varies
• Repayment schedule: Daily, weekly, monthly
• Funding speed: As quick as three days
• Minimum eligibility requirements: 600 credit score, six months in business, $120,000 in annual revenue, licensed practitioner

Revenue-based financing is not actually a loan; rather, it’s a financial agreement where you get immediate cash from Kapitus and in exchange agree to pay the company a certain portion of your revenue going forward until you reach the agreed-upon total amount. This way, your payments will be lower when business is slower, and higher when business is doing well.

• Loan amount: Up to $5 million
• Loan terms: Six to 24 months
• Repayment schedule: Daily, weekly or monthly
• Approval speed: As quick as four hours
• Minimum eligibility requirements: 650 credit score, two years in business, $250,000 in annual revenue

If your business produces physical goods, there may be times when you’re forced to turn down orders because you don’t have enough money on hand to cover your suppliers’ costs. Purchase order (PO) financing gives you a cash flow boost so you can continue saying yes to new sales.

There’s no personal credit requirement for PO financing, but your suppliers and customers must have good credit. Manufacturers, wholesalers, distributors, and other business-to-business (B2B) and business-to-government (B2G) companies often use this type of financing.

• Loan amount: $200,000 to $7 million
• Approval speed: As quick as four hours
• Minimum eligibility requirements: Must be a B2B or B2G company that provides physical goods; suppliers must have good business credit; customers must have good business credit; order profit margin must be at least 10%

You can get SBA 7(a) loans and SBA Express loans through Kapitus.

SBA 7(a) loan amounts go up to $5 million. You can use them for everything from partner buyouts to commercial real estate purchases. The downside is that they have the slowest funding speed, usually three to six months.

SBA Express loans work much like 7(a) loans but can be closed in as little as 14 days. The downside is that loan amounts only go up to $500,000.

• Loan amount: Up to $5 million for 7(a) loans; up to $500,000 for express loans
• Loan terms: Up to 25 years
• Repayment schedule: Monthly
• Funding speed: Three to six months for 7(a) loans; as quick as 14 days for express loans
• Minimum eligibility requirements: 680 credit score, two years in business, established business credit, U.S.-based business, proof of profitability

Invoice factoring isn’t a business loan. Instead, the agreement lets you sell your outstanding invoices to a lender, and it pays you cash upfront. There’s no monthly payment schedule and no credit pulls.

• Loan amount: $200,000 to $7 million
• Loan terms: You choose which invoices you’d like to factor
• Repayment schedule: 30 to 120 days
• Funding speed: As few as four days
• Minimum eligibility requirements: Must be a B2B or B2G business; no credit check for business owners, but their commercial clients must have credit in good standing; outstanding invoices between 30 and 90 days