4 Hour Funding Equipment Financing

4 Hour Funding Equipment Financing Review

4 Hour funding is a business financing offering by 4 Hour Funding, based in Plano, TX. Founded in 2014, 4 Hour Funding offers access to small business loans in 50 states (and Washington, DC).

4 Hour funding FAQ

What are 4 Hour funding’s rates?

4 Hour funding offers a business financing product that ranges from 10% APR up to 99% APR.

Does 4 Hour funding charge an origination fee?

Yes, 4 Hour funding charges a loan origination fee.

What limitations does 4 Hour funding set on the purpose of the business loan?

4 Hour funding considers business loan applications for business purposes, such as:

• Equipment Purchase
• Working capital

What types of small business loans does 4 Hour funding offer?

Not all small business loans are made equal. The type of business loan you choose will determine the range of interest rates and terms you receive. 4 Hour funding provides access to the following business loan types:

• Secured Term Business Loans

Does 4 Hour funding charge prepayment fees?

Yes, 4 Hour funding charges additional fees to borrowers who pay off their small business loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a business loan early.

What is the maximum business loan term you can get with 4 Hour funding?

4 Hour funding offers small business loans with terms ranging from 24 to 60 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What do you need to qualify for 4 Hour Funding Equipment Financing?

4 Hour Funding Equipment Financing requires companies to be in business for at least 18 months. Businesses don't have to meet a minimum annual revenue to be considered.

4 Hour Funding Equipment Financing does not require or does not disclose a credit score minimum.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the 4 Hour Funding Equipment Financing product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by 4 Hour Funding Equipment Financing.

To qualify, applicants may need to provide the following documentation:

• Proof of income
• Proof of identity

What is the estimated funding time for a business loan via 4 Hour funding?

4 Hour funding can approve (or deny) a business loan application within 4 hours and fund small business loans within 1 business day of approval.