Elite Lending Team

Need Cash?

Apply for an Unsecured Working Capital Loan and you could have your cash by tomorrow.

Elite Lending Team can provide loans in amounts up to 200% of your monthly income*.

Eligibility Check – No Obligation. No Cost.

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What are your current total gross monthly revenues?*

Understanding Unsecured Working Capital Loans

Loan Amount

Loan Amount

200% of Monthly Income

Time to Fund

Time to Fund

24 to 48 Hours

Repayment Terms

Loan Terms

6 to 18 Months

Rates & Fees

Rates & Fees

Flat Rates. No Interest

Is it time to consider a Working Capital Loan?

If you need cash for any of the following situations, you might be ready for that loan.

Business Expenses

Marketing & Advertising

Hiring New Employees

Investing in New Equipment

Or Anything Else You Want

Time for a Loan

Requirements to Qualify for Working Capital Loans

Qualifying for a working capital loan is fast and easy. Due to the type and terms of the loan, the requirements for a Working Capital Loan are minimal.

Apply for working capital loan

Submit an application

Provide 6 months of bank statements

FICO Score of 500 or higher

Reside in the United States

Intro to Unsecure Working Capital

An unsecured working capital loan is a type of financing that provides a business with a cash injection to help meet its short-term financial needs. Unlike traditional loans, unsecured working capital loans do not require collateral, making them a good option for small businesses and startups that may not have assets to put up as security.

Here are five benefits of unsecured working capital loans:

  1. No Collateral Required: As mentioned, unsecured working capital loans do not require collateral, which means you don’t have to put up your personal or business assets as security. This can be especially beneficial for businesses that don’t have a lot of assets or are just starting out.
  2. Quick Access to Funds: Unsecured working capital loans can be approved and funded quickly, often within a few days or weeks. This means you can get the financial support you need when you need it most.
  3. Flexible Repayment Terms: Unsecured working capital loans usually have flexible repayment terms, allowing you to choose a repayment schedule that works best for your business.
  4. Fixed Payback Amount: Unsecured working capital loans often have a fixed payback amount, meaning you’ll know exactly how much you need to pay back in total. This can be helpful for budgeting and planning purposes.
  5. Customizable: Unsecured working capital loans can be customized to meet the specific needs of your business, allowing you to get the financial support you need to achieve your business goals.

Our Product

Our Unsecured Working Capital Loans are flexible and can be customized to meet the specific needs of your business. We offer competitive rates and flexible repayment terms to help you get the financial support you need to achieve your business goals.

Loan Funded Quickly

We can fund the loan as quickly as 1-2 days

200% of Monthly Revenue

Loan amounts up will vary but the maximum amount is 200% of your monthly revenue.

Loan Term 6-18 Months

This will vary and is customizable to fit your needs, but typical terms are 6-18 months.

Loans Are Renewable

Renew your loan up to original amount and terms after the loan has been paid down 40-50%.

Fixed Fees. No Interest.

We prefer a fixed payback amount instead of a high-interest rate. This means you will know exactly how much you owe at all times.

Daily or Weekly Payments

Loan Payments are made daily or weekly depending on your preference.

Unsecured Working Capital FAQs

Our goal is to make it easier for you to get the cash you need quickly.

Can I get an unsecured working capital loan if I have bad credit?

It may be more difficult to get an unsecured working capital loan if you have bad credit, especially if your credit score is below 500. However, some lenders may consider other factors, such as your business’s financial history and profitability, in addition to your credit score. It’s always a good idea to work on improving your credit score before applying for a loan, as this can increase your chances of approval and help you get a better interest rate.

How much can I borrow with an unsecured working capital loan?

The amount you can borrow with an unsecured working capital loan will depend on a variety of factors, including your credit score, business size, and financial history. Some lenders may allow you to borrow up to 200% of your monthly income with an unsecured working capital loan. Lenders may also consider your business’s ability to repay the loan based on its current and projected cash flow.

What are the repayment terms for an unsecured working capital loan?

Repayment terms for unsecured working capital loans can vary depending on the lender and the specific loan terms you choose. Some lenders may offer fixed payback amounts that are not based on the interest rate of the loan. These loans may have term lengths that range from 6 to 18 months, during which time you’ll be required to make regular payments to pay back the loan. Other lenders may have more flexible repayment terms, allowing you to choose a schedule that works best for your business.

How long does it take to get an unsecured working capital loan?

The time it takes to get an unsecured working capital loan can vary depending on a variety of factors, including the lender, your business’s financial situation, and the loan terms you choose. In general, unsecured working capital loans can be approved relatively quickly. Once approved, these loans can often be funded within 1 to 2 days, allowing you to get the financial support you need when you need it most.

What can I use the funds for?

Unsecured working capital loans are designed to provide businesses with a quick injection of cash to help meet their short-term financial needs. Some common uses for these loans include:

  1. Paying bills: Unsecured working capital loans can help businesses meet their financial obligations, such as paying rent, utilities, and other bills.
  2. Hiring new employees: If your business is looking to expand, an unsecured working capital loan can help you hire new employees and grow your team.
  3. Investing in new equipment: Unsecured working capital loans can help businesses purchase new equipment, such as computers, machinery, or other assets, to improve their operations and increase productivity.
  4. Marketing and advertising: Unsecured working capital loans can help businesses invest in marketing and advertising efforts to reach new customers and increase sales.
  5. Improving cash flow: Unsecured working capital loans can help businesses improve their cash flow by providing a quick injection of cash to meet immediate needs. This can help businesses maintain financial stability and grow over the long term.

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