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Last Updated: 06/21/2025

Quarterspot Business Loans

in Business Loans from Quarterspot

Last Updated: 06/21/2025

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Highlights

Amount Range

$5,000 - $200,000

APR

10% - 60%(Verified 06/21/2024)

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Loan Term (Months)

9 - 18

Quarterspot Business Loans Review

Quarterspot is a business financing offering by Quarterspot, based in Arlington, VA. Founded in 2013, Quarterspot offers access to small business loans in 46 states (and Washington, DC).

Quarterspot FAQ

What are Quarterspot rates?

Quarterspot offers a business financing product that ranges from 10% APR up to 60% APR.

Does Quarterspot charge an origination fee?

Yes, Quarterspot charges a loan origination fee of 1% to 4% of the business loan amount . Quarterspot 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.

Does Quarterspot charge prepayment fees?

No, Quarterspot does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the business loan off early.

How much can you borrow from Quarterspot?

Business loan amounts start at $5,000 and go up to $200,000.

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

Quarterspot offers small business loans with terms ranging from 9 to 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 Quarterspot Business Loans?

Quarterspot Business Loans requires companies to be in business for at least 12 months. Businesses must have a minimum annual revenue of $16,000 to be considered.

Applicants with a credit score of at least 550 and up to 850 may be eligible for Quarterspot Business Loans.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Quarterspot Business Loans.

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 Quarterspot?

Quarterspot can fund small business loans as soon as 1 business day.

Does Quarterspot Business Loans report your account activity to credit bureaus?

Yes, Quarterspot Business Loans reports to the following credit bureaus:

Equifax
Experian

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.

Does Quarterspot perform a hard credit pull?

Yes, Quarterspot performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.

Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

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.

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