Working capital loans and more for all industries and credit types — though they don’t come cheap.
- Best for business owners with bad credit looking for a short-term loan.
- Pick something else if your business can qualify for more transparent terms.
Product Name First Capital Business Finance loans Min. Amount $5,000 Max. Amount $2,000,000 Loan Term 3 months to 2 years Min. Credit Score 500 Requirements In business for 6+ months, $150,000+ annual revenue, 500+ personal credit score
How much will this loan cost me?
First Capital Business Finance and its partner lenders offer unsecured short-term working capital loans. These function like a cross between a term loan and a merchant cash advance: Your business borrows a fixed amount, which it pays back plus a fixed fee in daily repayments automatically withdrawn from your bank account.
Its terms are short, ranging from three months to two years. Loan amounts range from $5,000 to $2 million — but businesses typically qualify for a loan equivalent to average monthly sales.
Use the calculator below to estimate how much your business can afford to make sure the loan you get fits your monthly budget.
Business loan calculator
See how much you’ll pay
Your loan Loan amount$ Loan terms (in years) Interest rate$%
Fill out the form and click on “Calculate” to see your estimated monthly payment.
How it works
Your total loan cost is determined by multiplying it by a factor rate of 1.9 to 3.3. So if you borrowed $10,000, your business would be on the hook for between $19,000 to $33,000.
Businesses with higher revenue and better personal credit will likely qualify for lower rates. If you and your business just meet First Capital’s minimum requirements, you may be charged more or be offered a smaller loan.
What do I need to qualify?
To qualify for a loan from First Capital Business Finance or one of its partners, you and your business must meet these basic requirements:
- In business for at least six months
- At least $10,000 monthly revenue
- Personal credit score of at least 500
What information do I need to apply?
First Capital Business Finance only requires business owners to submit the most recent six months of business bank statements. It uses this to evaluate your business’s cash flow and to determine how much your business is eligible to borrow. Tax returns aren’t necessary, however, other documents may be required depending on the type of financing your business needs.
What industries does First Capital Business Finance work with?
First Capital works with businesses in high-risk industries, including:
- Food service
- Health care
- Waste management
This is not a complete list. To see if your business qualifies, reach out to a First Capital representative.
What other types of financing does First Capital offer?
First Capital Business Finance offers a variety of loan options. Exact terms will depend on your business and financing needs.
Loan amount Loan term Time in business Minimum monthly revenueEquipment financing$5,000 to $5 million1 to 6 yearsNo minimum requirementNone statedMerchant cash advances, referred to as unsecured business loans by First Capital$5,000 to $2 million3 to 24 months4 to 12 months$8,000Invoice factoringUp to 90% of invoiceBased on invoice terms of paymentNone statedNone statedPurchase order financingUp to 100% supplier costsVariesNone stated$50,000 in sales
- Small loans of $5,000 available
- Startups may qualify
- Accepts bad credit and recent bankruptcies
- Potentially high APR
- Turnaround takes up to seven days
- May act as a connection service, not a lender, depending on the type of financing and your business’s qualifications