How do business loan payments work?
Our system is designed with your needs in mind. When you select your capital delivery method, you will also assign your business bank account to set up recurring payments. If you ever need to update your account information, our team is here to assist you every step of the way.
How much will a business loan cost?
The interest rates for our business loans are determined after careful consideration through our underwriting processes in tandem with federal interest rates. Each loan’s rates are based on a business’s specific profile, so interest rates will vary.
However, if you take out a loan through Kapitus, we can assure you that the total payback amount will align with your means and expected ability to repay, guaranteeing a personalized and fair financing experience that works for you.
Are business loans the only financing option I can get through Kapitus?
Not at all. Kapitus, along with our financing network, offers a rich collection of financing products, all with the aim of helping to make the lives of small business owners easier. Choosing Kapitus as your financing partner gives you access to a wealth of options from lines of credit to equipment financing. We are ready to work directly with you to find out what financing product best suits your needs.
What is KapitusPLUS
KapitusPLUS is the premier method for comparing your best financing options not only with Kapitus, but with several industry-leading lenders and financing companies in our extensive network. KapitusPLUS allows you a full and unbiased picture of your financing options, plus the guidance of a financing specialist who can help talk you through your best-fit options.
Will applying with Kapitus impact my personal credit?
It depends. Some options WILL impact your personal credit score while others will not. For example, while Kapitus itself only performs a soft credit pull, which should not impact your personal credit score, other financing providers in its network with whom your information may be shared for purposes of trying to secure your business financing may conduct a hard credit pull, which could impact your personal credit score.
Will applying with Kapitus impact my business credit?
Impact on your business credit score is dependent, among other things, on the financing provider. Kapitus performs a hard credit pull on the business, which could have an impact on the business’s credit score.
Will a business loan help me build my business credit?
Yes. Responsible financing is always a proven strategy to improve your business credit. Demonstrating your ability to repay debt on time shows creditors and credit establishments that your business is reliable, honest, and creditworthy.
Are there any early payment penalties with a Kapitus Business Loan?
No. Early repayment is a sign of a strong business, and we celebrate your business success. Our renewals team is more than ready to continue financing partnerships with businesses who have demonstrated their ability to manage their financing.
I have financing through another lender. Can I still get a business loan through Kapitus?
Yes. We understand that small business owners use financing at all sizes and points of their journey. We look at more than just a business’s existing financial obligations and are more than comfortable financing qualified businesses with existing loans through other lenders.
I am already a Kapitus customer. Can I obtain additional financing through Kapitus?
Of course! As a valued client, we already have a deep understanding of your needs and the intricacies of your business, making the process for an additional loan even easier. Schedule a call to learn more about our robust renewal options and other resources.