Frequently Asked Questions

The cost is simple and transparent: $27.78 per month for every $1,000 borrowed over 36 months. For example, a $100,000 loan costs $2,778 per month. There are no interest charges, origination fees, or hidden costs. The total amount you repay is your loan amount divided into 36 equal payments.

No! Our loans are not FICO score dependent. We qualify businesses based on merchant processing history, not personal credit scores. These are true business loans, not cash advances. However, we do conduct credit inquiries as part of our underwriting process, and your overall financial health will be considered.

The application itself takes about 5 minutes to complete. After submission, you'll typically receive pre-qualification feedback within 24-48 hours. Once approved and all documentation is received, funding occurs in 30-60 days. The timeline can vary based on how quickly you provide required documents.

This loan program is exclusively for businesses that become new merchant processing customers with VentureKap's certified payment partners. Requirements include:

• Existing merchant account for at least 6 months
• Minimum $15,000 per month in credit card processing volume
• Switch to one of our certified payment processing partners

Yes! You can use the funds for virtually any business need including purchasing inventory, buying equipment or vehicles, investing in marketing and advertising, acquiring real estate, hiring employees, or expanding operations. The funds are invested directly into your company once approved, subject to standard loan terms and conditions.

No collateral is required for qualified businesses. These are unsecured business loans, meaning you don't need to put up personal or business assets as security. Qualification is based on your merchant processing history and business financial health.

At this time, 0% interest loans are offered to businesses operating in the United States with the following exclusions:

Excluded States: California, Nevada, North Dakota, and South Dakota

Payment history is reported to credit bureaus, so on-time payments help build your business credit. Late or missed payments can negatively impact your credit score. Charge-offs are discharged to collection agencies. We encourage you to contact us immediately if you anticipate any payment difficulties so we can work with you on a solution.

Yes, you can pay off your loan early without any prepayment penalties. This can help you save on the total cost of the loan and free up your cash flow sooner. Contact our team to arrange early payoff and receive your final payoff amount.

Pre-qualification is an initial assessment based on the information you provide and potentially a soft credit inquiry. It does not guarantee loan approval or lock in specific rates. Final approval requires:

• Complete documentation review
• Hard credit inquiry
• Underwriter decision in their sole discretion

We reserve the right to change or withdraw prequalified rates at any time.