1. How can I qualify for a business loan?

If you have received a pre-approval notice you should be approved already. We have very few requirements

to become eligible for our programs. If you currently own your business for at least 6 months and have

provable sales of  at least $8,000 a month in total gross sales, you already qualify.please proceed to the

Free Quote tab for your approval process.

2. How easy is it to get approved?

It is a lot faster and easier than a conventional bank loan. We understand the reality and the hardship of

owning and operating a small-medium size business. The majority of applications are qualified with in

the same day of receiving the application and documents, and funded with in 2 days.

3. How can I speed up my loan approval?

Please proceed to the below link for our automated on line application for expedited Offers!

ONLINE AUTOMATED APPLICATION!

4. How does the program work?

You are loaned an amount based on your business's annual gross sales volume. Then, over a period

of time , a small percentage is deducted from your ongoing operating business bank account or

credit and/or debit card receipts until the agreed payback amount has been achieved. We also  have a fixed

daily, weekly or monthly repayment schedule, we have several different repayment options available.

We have credit lines starting at 4.98%, SBA Loans Starting at 7.25%, non-traditional starting at 10%.

5. Is there a fee for providing a business loan?

No, the application is free. 1stCapitalSource does not impose any up-front charges or administration fees.

6. Will bad credit affect my loan request?

No, it is not necessary for you to have good personal credit to receive a business cash advance or loan.

A poor credit rating will not normally influence a cash advance or loan.

7. How quickly can I get a business loan?

As quickly as 2 days after you submit your application accompanied by the required documents. If relevant documents are missing or difficult to obtain, the process may take somewhat longer.

8. How will I pay back the business loan?

Payback is automatically deducted from your operating business bank account daily, weekly, or monthly. We have several additional programs available, please give us a call to find out more, 877-811-2145.

9. What kind of loan is this?

It is a purchase of future receivables or an actual loan depending on the program you select and/or get approved for. We have Term Loans, SBA Loans & Lines Of Credit.

10. How easy is it to apply again and get another advance or loan?

If there has been no significant change in your financial status, applying for another cash advance or loan from 1stCapitalSource is fast and easy. You do not have to wait until your first advance is fully paid off.

11. Is the paperwork complicated?

The required paperwork is fairly simple and takes no more than 10 minutes to complete. Our funding specialists are available in our contact center to help you through this process.

12. Can I receive an additional cash advance or loan from another company while an owed balance is outstanding?

Yes, but in most cases any outstanding cash advance or loan balances usually need to be repaid from the proceeds of your new advance or loan. In some cases we may still be able to provide funding with out paying off existing balances depending on the loan type. Our theory is simply looking at the business's ability to repay and prosper with our capital is our main decision process.