Rates
Working Capital Loan
- Quick boost in cash flow
- Use for any business purpose
- No minimum credit score
- Minimal documentation
Business Line of Credit
- Flexible access to funds
- Use for any business purpose
- Good credit required
- Minimal documentation
Equipment Financing
- Purchase new or used equipment
- Longer term lengths available
- Fair credit required
- Minimal documentation
Compare products
Find out what’s best for your business.
Working Capital Loan
Line of Credit
Equipment Financing
Max Amount
Maximum amount available to draw.
$1,000,000
$250,000
$1,000,000
Term Length
Maximum number of months for repayment.
24 months
Revolving
60 months
Monthly Interest
Cost to use funds on a monthly basis.
1.25%
1%
1%
Lightning fast funds transfer
Get funds in your account as soon as tomorrow.
Simple automatic payments
Automated and paperless so you never miss payment.
Only pay for what you use
Only pay interest on the funds that you have drawn.
Access to additional funding
Establish good pay history to gain access to more funding.
No collateral required
Use the funds for any purpose with no collateral required.
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Any legally registered business operating within our supported local communities can apply. This includes startups, established small businesses, and medium-sized enterprises looking to expand or overcome financial challenges.
FundLocal facilitates various funding options including business credit lines, equipment financing, and working capital loans.
The initial application process typically takes few minutes to complete. Once submitted, our team reviews applications and makes a decision within a few hours. After contracts are signed, we can transfer funds the next business day.
Interest rates vary depending on the type of funding, the risk assessment of your business, and the specific lenders or investors involved. Rates are generally competitive with or better than traditional bank loans.
We prioritize the security and confidentiality of your business information. We employ bank-grade technology to protect your data, ensuring that your sensitive business and financial information remains confidential and protected at all times.