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  Kapitus Business Loans

Kapitus Business Loans

in Business Loans from Kapitus

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Kapitus Business Loans

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in Business Loans from Kapitus

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Highlights
Loan Amount $10,000 - $1,000,000
APR  (Fixed APR) 10% - 100%
Loan Term (Months) 3 - 36 months

Kapitus Business Loans Review

Kapitus is a business financing offering by Kapitus, based in New York, NY. Founded in 0, Kapitus offers access to small business loans in 50 states (and Washington, DC).

Kapitus FAQ

What are Kapitus’s rates?

Kapitus offers a fixed APR business financing product that ranges from 10% APR up to 100% APR.

Does Kapitus charge an origination fee?

Yes, Kapitus charges a loan origination fee starting at 2.5% of the business loan amount. Kapitus deducts the fee directly from your business 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 Kapitus set on the purpose of the business loan?

Kapitus considers business loan applications for business purposes, such as:

  • Business Debt Refinance
  • Equipment Purchase
  • Lease Improvement
  • New Location
  • Product or Service Expansion
  • Working capital

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

  • Unsecured Term Business Loans
  • Secured Term Business Loans
  • Lines of Credit
  • Invoice Financing
  • Merchant Cash Advances

Does Kapitus charge prepayment fees?

Yes, Kapitus 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 Kapitus?

Business loan amounts start at $10,000 and go up to $1,000,000.

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

Kapitus offers small business loans with terms ranging from 3 to 36 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 Kapitus Business Loans?

Kapitus Business Loans requires companies to be in business for at least 6 months. Businesses don't have to meet a minimum annual revenue to be considered.

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

U.S. citizens are, of course, eligible for the services offered by Kapitus Business Loans. 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 Kapitus?

Kapitus can approve (or deny) a business loan application within 1 hour and fund small business loans within 2 business days of approval.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 6:00pm
  • Tuesday 9:00am - 6:00pm
  • Wednesday 9:00am - 6:00pm
  • Thursday 9:00am - 6:00pm
  • Friday 9:00am - 6:00pm
  • Saturday Closed

Other Services by Kapitus

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Origination Fee (%) Starting at 2.5%
Employment Statuses Considered Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Months in Business 6
Verification Documents Required
  • Proof of Income
  • Proof of Identity
Approval Speed 1 hour
Funding Time Range 2 - 7 days
Pre-Approved Soft Credit Inquiry
Loan Amount $10,000 - $1,000,000
APR (Fixed APR) 10% - 100%
Loan Term 3 - 36 months

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