AdvancePoint Capital Small Business Loans Review

Loan Options

AdvancePoint Capital gets high marks for its wide array of funding options for small businesses, quick and easy application, credit score flexibility and outstanding customer support and reputation. It is a marketplace well looking into if you're on the market for less-than-traditional loan options for your business.

As mentioned above, AdvancePoint offers a comprehensive suite of funding options for small businesses, including, but not limited to: 
Small business loans  

• SBA loans 
• Equipment financing 
• Bad credit loans 
• No doc loans 
• Working capital 
• Invoice financing 
• Short-term loans 
• Lines of credit

Rates and Fees

Since AdvancePoint is a lender marketplace and not a direct lender, the specific rates and fees will ultimately depend on the lender you're matcheed with, the funding option you choose and your specific financial situation. AdvancePoint, however, does feature an online calculator on its website to help you estimate the rates and fees of the product you're looking for. 

Application Requirements and Process

The specific requirements (time in business, credit score, etc) will depend on the lender you're matched with, the product you're interested in and your financial situation. To apply for one of AdvancePoint's many funding options for small businesses, you can fill out an easy online form on the company's website or call a company representative via phone. 

Processing and Approval Time

The length of time to process, underwrite, approve and fund will vary depending on business funding product selected and cooperation of the applicant. AdvancePoint does not provide guarantees in terms of approval or time to fund. Offers and terms are subject to change at any time prior to funding due to final underwriting.

Customer Education and Reputation

This is one area where AdvancePoint truly shines. On its website, the company features a vast library featuring a long list of articles explaining the basics (and not-so-basics) of the small business loan process and the many products offered. Regarding reputation, the company currently holds an A+ rating with the BBB, where it has been accredited since its foundation in 2012.