A Small Business Loan With Big Value
Our mission is to provide small business owners with reliable access to the working capital they need to grow their business.
With longer repayment terms and lower rates, SBA-backed loans offer excellent value when you need funding to grow your small business.
10 Year Repayment Terms
with Low Monthly Payments
$30,000 - $350,000 of Working Capital to Purchase Inventory or Refinance Business Debt
SBA-capped Variable Rates with Some of the Lowest Available APRs Starting at Prime + 2.75%
Eligible to Business Owners that are U.S. Citizens or Legal Permanent Residents
Must be in Business 2+ Years with a Minimum FICO of 660 and
Good Cash Flow to Qualify
Compare Top Offers From Our Comprehensive Network of Banks and Trusted Lenders
What is Working Capital?Working capital is the money used to cover all of a company's short-term expenses, including inventory, payments on short-term debt, and day-to-day expenses—called operating expenses. Working capital is critical since it is used to keep a business operating smoothly and meet all its financial obligations.
How do I get started?Getting started is easy. Simply fill out an application online which only takes a few minutes, then our team can review your information and provide you with the best funding solutions for your business.
How quickly can I receive funds?Often times we can secure funding the same day you apply. If your business qualifies, we can arrange for same day funding via wire transfer or ACH.
Is there a fee to apply?No, we do not charge any fees to apply or receive an offer.
What do I need to apply?Applying is easy and hassle-free. Along with the required information in the application process, we need the last 3 months’ bank statements from your business account. In rare situations, if additional documents are needed one of our team members will reach out to request them.
Do you check my credit score?ACR Funding does not perform credit checks. However, some lenders may pull a soft inquiry also known as a soft credit check or soft credit pull. Unlike hard inquiries, soft inquiries do not affect your credit scores.
What if I have poor credit?While personal credit is considered to determine the creditworthiness and overall fiscal responsibility of a borrower, having good credit is not a criteria to qualify for business funding. We provide a fast and efficient financing process based on the overall performance and health of the business.
Why ACR Funding vs a traditional lender?Traditional lenders such as banks have made it extremely difficult for small business owners to qualify for loans. Banks reject upwards of 80% of the small business loans due to bad personal credit scores of the borrowers, limited time in business, collateral requirements, and other red tape. With that said, applying for one of the funding solutions from ACR Funding is a much better option because you get unsecured, immediate access to working capital with flexible repayment terms.
What is a Revenue Advance?A revenue advance, also known as a merchant cash advance, is not a loan, rather it is an alternative source of fast working capital for your business via a purchase of a portion of your future revenues. Those revenues could be via payment card receivables for example, or other regular revenue streams your business receives. Unlike a loan that will require a fixed monthly payment amount, your business will only make flexible daily remittances to repay the revenue advance, based on a percentage of actual future receivables.
Are there industries you do not provide funding for?We offer funding for a large number of industries, including high-risk industries like construction and contracting. However, we do not provide funding for businesses associated with gambling, firearms, or adult entertainment.
Do I still qualify if I already have an outstanding loan?Yes, you can still qualify if you meet the requirements with no effect on your traditional bank loan. If you already have an advancement, once you make 60% repayment of your existing advance you can apply for a renewal with ACR Funding, subject to your satisfactory repayment performance. For more information about please contact our financial experts.
ACR Funding in partnership with SmartBiz©
*SBA loans offered from banks in the SmartBiz lending network have a variable rate of Prime Rate plus 2.75% to 3.75%.
**We conduct a soft credit pull that will not affect your credit score. However, in processing your loan application, the lenders with whom we work will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and happens after your application is in the funding process and matched with a lender who is likely to fund your loan.