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FAQ
FIND ANSWERS TO YOUR QUESTIONS

How is Express Capital Funding, Inc different from other lenders?

Express Capital Funding, Inc. is faster than a bank, and more flexible than other other working capital lenders. Unlike banks and lenders, we can deliver a decision in minutes. We can also establish a line of credit that you can draw upon as you need it, so you are only paying interest on the money you use. There are also no pre-payment penalties, so if you only need the working capital for 30 days, you won’t be responsible for paying all the interest for the entire term of the loan.

What is the application process?

Applying for a working capital loan is simple and typically only takes a few minutes. You can apply over the phone by calling (800)301-9149 or by sending in the completed application by fax or email.

What are the basic requirements to qualify for a working capital loan?

To qualify for a loan, your business should be US-based, have 6 months in business, and $90,000+ in annual revenue.

How much do I qualify for?

Decisions are based on the analysis of your bank statements, company profile and personal credit history. We will make sure to give you multiple options and advice for what suits your business best.

Do I need to have good credit?

In these times, we know that many good, hardworking people can have bad credit. We evaluate every application on its merits. We listen to your story and see how we might help you and your business succeed.

How do I pay the money back?

We collect payments electronically from your business bank account daily or weekly depending on the program. Daily and weekly payments are proven to prevent the negative effect on cash flow caused by larger monthly payments.

When should a business get a working capital loan?

Working capital loans for small business needs are ideal when you’re short on capital because of a temporary and identifiable issue. Working capital loans are often best suited for supplementing seasonal slowdowns or large one-time purchases. Some examples of uses for working capital loans would be for Slow seasons, Large orders, Economic downturns, and Business growth.

What are the benefits of a working capital loan?

EPC loans typically have a fast time to funding and you will usually receive your money within one business day. In addition, the application process for working capital loans is often less involved than it would be for longer-term financing.

How much working capital do you need?

Determining how much working capital you need would require you to make accurate financial projections. Consider your monthly  cash flow and factor in any upcoming changes, such as a drop-in customers or new contracts with clients. These calculations should indicate how wide of a gap you can expect in your working capital.

Will my offer expire?

Offers are typically valid until 3rd of the next calendar month and can be renewed with an updated bank statement and credit profile (All of which must be acceptable and in good standing).

How long does it take to get approved and funded?

We issue approvals within minutes of your submission. We fund most new clients in the same business day.

What if I need additional funding or want to renew?

Most of our customers recognize the value of having working capital available when they need it. That is why over 90% of our customers renew with us. The general rule of thumb is that if the customer has performed as expected and has paid back approximately  50% of their balance they can easily apply for additional funding. We can add a second loan at any time or you can restructure the first loan and take out additional funding.

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Get Funding Today!

Express Capital makes the borrowing
process simple, fast and transparent.

160 North Riverview Dr.
Suite 225
Anaheim, CA 92808
Call Us: 1-800-301-9149