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Or give us a call at (917) 877-0340

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Quick solutions for commonly asked questions.

Most frequent questions and answers

How do I qualify for financing?

To qualify for funding, your business should have the following:

Minimum one year in business.
Minimum $100,000 in annual revenue.
Minimum 555 personal FICO score of the business owner.
Business checking account.

Does Simply Capital Source perform a hard or soft inquiry on my credit?

When determining eligibility, we will perform a soft credit check on the business owner’s personal credit.

What information do I need to apply?

The process is specifically designed to Quick and Simple. Just apply using the “Apply Today” button. Answer a few simple questions and provide the last 4 months of business bank statements. Thats it. A funding agent will reach out to with options.

What are the loan amounts and terms?

Depending on the product you select, we have short terms from 8-12 months. Longer terms from 12-24 months. SBA products with 10 year terms and even equipment financing with 3-8 year terms. We customize each offer to suit the business’ specific needs.

What industries does Simply Capital Source work with?

We work with All industries with the exception of Non-Profits and “vice” industries.