High-cost working capital friendly to new businesses.

Everlasting Capital business loans could be a good option for small and midsize businesses that have had trouble qualifying for financing elsewhere. It’s open to businesses as young as three months old and has relatively few eligibility requirements. But watch out for steep fees and automatic daily repayments.


Min. Amount


Product Name Everlasting Capital working Capital
Min. Amount $5,000
Loan Term 6 months to 2 years
Requirements 3+ months in business, $6,000+ monthly bank deposits

Application Criteria

  • At least three months in business
  • At least $6,000 in monthly bank deposits

First, do I qualify?

You must meet the following criteria to qualify for an Everlasting Capital business loan:

  • At least three months in business
  • At least $6,000 in monthly bank deposits

What makes Everlasting Capital business loans unique?

Everlasting Capital’s short-term loans are one of the few options available to new businesses. Companies as young as three months old can qualify as long as their bank account reflects at least $6,000 in monthly revenue.

What are Everlasting Capital business loans?

Everlasting Capital offers unsecured business loans to cover day-to-day expenses for small businesses. Funding starts at around $5,000 with no maximum loan amount, which you repay over six to 24 months.

Rather than charging interest, Everlasting Capital charges a fixed fee of $0.10 to $0.55 on the dollar. On top of this, you’re required to pay an origination fee of 1% to 2% of the loan amount. Repayments are daily, which Everlasting Capital automatically withdraws from your business’s bank account.

What are the benefits of an Everlasting Capital business loan?

From its limitless loan amounts to its lenient eligibility requirements, here are a few perks of borrowing from Everlasting Capital:

  • Available to young businesses. Your business only needs to be around for three months to be eligible for this loan.
  • Low revenue requirements. You only need to bring in $6,000 a month to qualify for financing.
  • No maximum amount. You can borrow as much as your business needs as long as it’s more than $5,000.

What to watch out for?

Consider these potential drawbacks before taking out a short-term loan from Everlasting Capital:

  • High cost. While fees between $0.10 and $0.55 per dollar borrowed are relatively low for this type of business loan, that combined with the origination fee can give you an APR around 175%.
  • Automatic daily repayments. This can be difficult for small businesses with irregular cash flow to afford.
  • Limited details on its website. You can’t find detailed information about how this loan works online — you have to call customer service.

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