A "Client First" Marketplace dedicated to transparency and your Small Business Success.
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Technology Driven
Approach
Every Business Is Different,
We Can Tailor The Product To Your Needs
$10,000 to $5 Million
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$10,000 - $250,000
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$10,000 to $5 Million
Have Questions? We Have Answers
With more lenders and financing options than ever before, small businesses now have multiple ways to access capital, yet navigating through the maze of loan types and lenders can make it challenging to find the ideal fit for your business. We make it simple!
Our blend of proprietary technology and advanced algorithms allow us to analyze a business’s potential by understanding their unique opportunities, cash-flow management, and other business performance indicators. That data lets us quickly match businesses with lenders and loan types most relevant to their needs.
With Approvd, you can learn about your financing options, improve your funding odds, and choose between competing offers – all in one place.
Consistent payments on your financing, which are reported to the business credit bureaus (Experian, Equifax, Paynet, Dun & Bradstreet), can help develop your business credit profile. In turn, lenders will be more likely to provide you with better terms when applying in the future.
Our lenders offer multiple solutions including business loans, advances, lines of credit, and Small Business Administration (SBA) disaster relief funding. Check out this page for a full list of small business loan types, including financing for different industries.
Rates vary depending on which lending partner(s) and product(s) you qualify for.
Our small business loans and credit lines typically range from 6.9% – 35.9% simple interest.
Our advances range from a 1.1 – 1.5 factor rate.
For lines of credit, there is a $20 monthly maintenance fee which can be waived for the first six months by withdrawing $5,000 or more within one week of opening your line.
Our business term loans range from $10,000 – $500,000 with terms from 6 – 36 months.
Our advance amounts range from $5,000 – $300,000 with terms from 3 – 24 months.
Our lines of credit go up to $100,000. You only pay for the funds you use, and the lines are revolving so your funds replenish as you pay down your balance.
There is no obligation or cost to use Approvd. Additionally, your offer(s) are valid for 30 days, until they will require additional underwriting.
No. Your personal credit is sensitive, and we understand the hesitancy that comes with having a hard credit inquiry on your record. With that in mind, we conduct a “soft pull” to avoid negatively impacting your personal credit. Should your credit file be restricted, we will contact you to lift the restriction and do a hard inquiry.
(Line of Credit min annual revenue of $150,000 and FICO is 625)
(Small Business Term Loan min annual revenue of $100,000 and FICO is 650)
Whatever Your Business Needs, We Have You Covered.
Our business funding marketplace offers flexible solutions that fit your needs, enabling small businesses to improve their lending odds, compare options, and access working capital on their terms.
Use Approvd for:
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