Out of Business
Strongly not recommended
Would you recommend Green Capital to your friends?
Thanks for your vote!
You voted: May or may not recommend
Where does Green Capital do business?
Green Capital is a direct lender based in New York, NY. It was founded in 2012 and offers access to business loans in 50 states (and Washington, DC).
What are Green Capital’s rates?
Green Capital offers business loans with fixed APRs starting from 70% to 350%.
Does Green Capital charge an origination fee?
Yes, Green Capital charges a loan origination fee starting at 5% of the loan amount. Green Capital deducts the fee directly from your loan amount before disbursing loan proceeds, so make sure you take this fee into account when deciding how much you need to borrow.
What limitations does Green Capital set on the purpose of the loan?
Green Capital considers loan applications for business purposes, such as:
- Equipment Purchase
- New Location
- Product or Service Expansion
- Working capital
What types of business loans does Green Capital offer?
Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Green Capital provides access to the following business loan types:
- Unsecured term loans
- Merchant Cash Advances
Does Green Capital charge prepayment fees?Yes, Green Capital charges additional fees to borrowers who pay off their 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 loan early.
How much can you borrow from Green Capital?Loan amounts start at $5,000 and go up to $500,000.
What is the maximum loan term you can get with Green Capital?
Green Capital offers business loans with terms ranging from 0 to 6 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 a loan with Green Capital?
Applicants with a credit score of at least 300 can apply for a loan via Green Capital. Green Capital requires companies to be in business for at least 12 months. Businesses must have a minimum annual revenue of $10,000. .
What is the estimated funding time for a business loan via Green Capital?
Green Capital can approve (or deny) a loan application within 24 hours and fund business loans within 0 business day of approval.
160 Pearl Street
New York, NY 10005 USA
- Visit Site
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia