Braavo Capital Business Funding

Braavo Capital Business Funding Review

Braavo capital is a business financing offering by Braavo Capital, based in New York, NY. Founded in 2015, Braavo Capital offers access to small business loans in 50 states (and Washington, DC).

Braavo capital FAQ

What are Braavo capital’s rates?

Braavo capital offers a business financing product that ranges from 6% APR up to 20% APR.

Does Braavo capital charge an origination fee?

Yes, Braavo capital charges a loan origination fee of $100 to $200

What limitations does Braavo capital set on the purpose of the business loan?

Braavo capital considers business loan applications for business purposes, such as:

• Equipment Purchase
• Lease Improvement
• Product or Service Expansion
• Working capital

What types of small business loans does Braavo capital 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. Braavo capital provides access to the following business loan types:

• Unsecured Term Business Loans

Does Braavo capital charge prepayment fees?

Yes, Braavo capital 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.

How much can you borrow from Braavo capital?

Business loan amounts start at $5,000 and go up to $5,000,000.

What is the maximum business loan term you can get with Braavo capital?

Braavo capital offers small business loans with a maximum term of 18 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 Braavo Capital Business Funding?

Braavo Capital Business Funding does not require borrowers to have been in business for a minimum number of years. Businesses must have a minimum annual revenue of $120,000 to be considered.

Applicants with a credit score of at least 560 and up to 850 may be eligible for Braavo Capital Business Funding.

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. Active duty service members and their covered dependents are eligible to apply for a loan via Braavo Capital Business Funding. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Braavo Capital Business Funding. Permanent resident / green card holders are also eligible to apply.

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 Braavo capital?

Braavo capital can provide a credit approval decision in less than an hour and fund the business loan within 1 business day.