Startup Financing

Startup funding, or startup capital, is money that an entrepreneur uses to launch a new business. The money can come from several sources and can be used for hiring employees, renting space, buying inventory or other operating expenses that help a business get started.

What Do You Need To Qualify?

No Minimum Time in Business

You can qualify for our top financing options as a startup.

No Minimum Monthly Gross Sales

No minimum revenue needed to qualify for startup financing options.

650+ Minimum FICO Required

We have financing options for all credit profiles. The minimum FICO score required to apply is 650.

Resources & Frequently Asked Questions

Yes. There are financing options available for businesses, regardless of how long you’ve been in business, your revenue, or credit score. However, your options will be limited if you’ve been in business for less than 6 months or have less than $15,000 in monthly gross revenue. Getting a loan for your startup through a bank is unheard of due to strict lending guidelines that require an established record of business and proof of income.

If you have been in business for less than 6 months, you are considered a startup. Most financing options require a minimum of 6 months in business and at least $15,000 gross revenue per month. However, startups can be exempt of these requirements. The only requirement would be a credit score of at least 650+.

Yes, the Small Business Administration has financing options for business startups. The SBA offers various startup loan options, such as a Micro Loan, 7(a) or 504/CDC Loans, or you may qualify for one of their investment programs. However, you may find challenges to get approved and the time to get funding may not be sufficient.