FAQ
General (7)
What Products Do You Offer?
Swiftly Capital offers business term loans, lines of credit, equipment Financing, and Merchant Cash Advance. There is one application for Swiftly capital and our system will evaluate which one best fits your business’ credit profile and needs.
How Does the Application Process Work?
Swiftly Capital application process is simple and typically takes about 10 minutes. You can apply online or over the phone by calling (800) 576-0878
What Information Do I Need to Apply?
Typically, we only require basic information about yourself and your business. Depending on your loan amount, we may also ask for:
- Business Tax ID
- Credit Card Statements for the Previous 3 Months
- Bank Statements for the Previous 6 Months
- Social Security Number of Business Owner(s)
- Driver’s License Number and State of Issue
How Do I Qualify for Swiftly Capital Financing?
To qualify for business funding, your business should have the following characteristics:
- 1+ Year in Business
- $100,000+ in Annual Revenue
- 500+ Fico Score of the Business Owner
How Quickly Can I Receive Funding for My Business?
Swiftly Capital can deliver decisions within the hour, and funding in as fast as 24 hours.
Is There Any Obligation to Apply?
No, there is no obligation.
How Does Repayment Work?
We deduct a fixed payment from your business bank account on a daily, weekly or monthly basis, depending on the product you are approved for. These fixed payments help ensure minimal impact to your cash flow and are proven to prevent the snowball effect often caused by missing larger monthly payments. As a customer, you will have access to an online account where you can monitor your loan and payment activity 24/7/365.
