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Can Capital

Can Capital has become one of the main brands for merchant cash advance for small businesses and companies within United States because of their flexible requirements. The companies that have had difficulties to qualify for a bank loan in the past and all businesses that have been operating for just a few months might get a loan through CAN capital. You have to have a monthly revenue of at least $4,500 and a minimum credit score of 550. If you and your business meet these two requirements and if you have been in business for at least 4 months, you are a candidate for a merchant cash advance loan with Can Capital.

Can Capital is already a leading Company in providing Access to financing to small businesses with pre-approvals in 10 minutes and has been doing so since 1998 with their sole commitment of helping small companies succeed through access to working capital with loan options from $2,500 up to $250,000 as fast as 2 business days. Since 1998, CAN Capital has provided more than $6 billion dollars with more than 156,000 loans to small businesses.

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Can Capital Availability

CanCapital, an online lender specializing in merchant cash advances, offers its loans for small business in all United States except Puerto Rico and Virgin Islands.

Merchant Cash Advance for Small Businesses

Businesses that do not need a big loan and/or could not qualify with other lenders due to their industry, time length in business, or bad credit score, may turn to Can Capital and get approved since 4 out of every 5 commercial loan applications are approved. You can request very small to very large loans for your small business: from $2,500 up to $150,000 for companies with only one office or store; and up to $250,000 for companies with multiple locations.

These loans also have different terms typically ranging from 4 to 24 months. This means that your small Company can access a short-term loan to buy inventory, for example, and then sell its merchandise and pay the loan quickly… if you pay the loan early not only you won´t incur into penalties, but instead you will receive a 6% discount from the remaining balance. On the other hand, you can get a long-term loan and take your time to pay the borrowed amount which is pretty handy in cases such as equipment purchase, machinery or remodeling.

Can Capital

Loan pre-approvals in 10 minutes, funds within 2 business days, fixed payments and 550+ of credit score. Furthermore, your business only need to be 4 months old.

Up to $250,000

  • Loans for small business
  • Limit of $2,500 to $250,000
  • Terms from 4 to 24 months
  • Pre-approval in 10 minutes
  • 6% Discount if you pay off early
  • Funds available in 2 days
  • 4 out of 5 applications are approved
  • All businesses are welcome

To apply for a business loan through the Can Capital platform, you need to consider the following requirements:

  • At least 4 months in the business
  • Gross revenue of $4,500/month
  • Minimum credit score of 550
  • No bankruptcies in 18 months
  • Tax ID, Social Security and identification
  • First page of taxes (if applies)
  • 3 months of bank statements
  • 3 months of merchant statements (if applies)

The terms or repayment length of a loan with Can Capital range from 4 to 24 months for most of their loan products. Obviously, the greater the amount, the longer the length of repayment. If you pay off your business loan at least 90 days ahead of time, you will get a 6% discount on the remaining balance. Do not forget that a Merchant Cash Advance has higher rates than regular loans, thus we always encourage our readers to consider a business loan first and attempt to get a merchant cash advance as a last resort.
The customer service team is top notch. Not only you´ll be able to receive a pre-approval – literally – in only 10 minutes, but you can access the customer support team by phone or chat too. Although it won´t be necessary because the online application is the most simple and straightforward that we have seen in the whole industry.

Some users complain that you cannot get big loan amounts with CAN Capital; but according to statistics, the average loan that small companies need range from $10,000 to $25,000. With CanCapital, you can qualify, in average, for a loan of 10% to 15% of your company annual gross revenue. For example, a company with $100,000 gross annual revenue could get from $10,000 to $15,000, which may not be enough to fund big acquisitions, but in most cases is enough to buy merchandise, remodeling, franchise costs and even to purchase new equipment. Of course, loan amounts can be much higher if the company is stable and has a good credit.

Merchant cash advance up to $250,000 with pre-approvals in 10 minutes. Your business only need to be 4 months old. Almost a guaranteed loan solution!
9.5 Total Score
Easiest Business Loan to Get!

Merchant cash advance up to $250,000 with pre-approvals in 10 minutes. Your business only need to be 4 months old. Almost a guaranteed loan solution!

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Can Capital

Loan pre-approvals in 10 minutes, funds within 2 business days, fixed payments and 550+ of credit score. Furthermore, your business only need to be 4 months old.

Up to $250,000

Thank you for visiting my site TopOnlineLenders.com. I appreciate that you are taking the time to read my posts and leave comments. About me, I can say that I’m an enthusiastic blogger with a 7+ years of experience as a Financial Planner and in mortgage loans in Georgia. I really hope that my posts can be of help. Thx!
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