Frequently Asked Questions

SatuitCapital is a business financing company that provides fast, transparent, and flexible loan solutions to small and medium-sized businesses. We offer working capital loans, term loans, and invoice financing to help businesses grow, manage cash flow, and pursue new opportunities. Our streamlined process ensures quick approvals and competitive rates with no hidden fees.

Unlike traditional banks, we offer faster approval times (24-48 hours vs weeks), more flexible qualification criteria, transparent pricing with no hidden fees, and personalized customer service. We understand the unique needs of small businesses and provide tailored solutions that traditional banks often can't match. Our technology-driven process eliminates bureaucratic delays while maintaining thorough risk assessment.

Yes, SatuitCapital is a fully licensed and regulated financial institution. We comply with all federal and state lending regulations and maintain the highest standards of data security and privacy protection. Our lending practices are transparent and ethical, ensuring borrowers receive fair treatment and clear loan terms.

Our streamlined application process is designed for speed. The initial online application takes 5-10 minutes to complete. Most applications receive preliminary approval within 24-48 hours. Final approval and funding typically occur within 3-5 business days after document submission, depending on the complexity and completeness of your application.

Required documents typically include: business bank statements (3-6 months), personal and business tax returns (last 2 years), financial statements (profit & loss, balance sheet), business license and registration, proof of business insurance, and personal identification. Additional documentation may be required depending on your specific loan type and business situation.

The initial application and pre-qualification process involves a soft credit check that does not impact your credit score. Only when you proceed with the formal application will we perform a hard credit inquiry, which may have a minimal impact on your credit score. We clearly inform you before conducting any hard credit checks.

Our entire application process is available online for your convenience. You can apply, upload documents, receive approval, and accept loan terms completely online. While we don't require in-person visits, our customer service team is available by phone or email to assist you throughout the process if needed.

Our business loan rates range from 7.99% to 24.99% APR, depending on loan type, term, and borrower qualifications. Working capital loans typically range from 9.99%-24.99%, term loans from 7.99%-19.99%, and invoice financing uses factor rates of 1.5%-5.0%. Rates are determined by creditworthiness, business financials, industry risk, and loan terms. We provide transparent pricing with no hidden fees.

No, we believe in complete transparency. All fees are clearly disclosed upfront, including any origination fees, processing fees, or other charges. There are no hidden fees or surprise charges. Additionally, all our loans allow for early repayment without penalties, potentially saving you significant interest costs.

We offer flexible loan amounts and terms to meet various business needs: Working capital loans range from $10,000-$250,000 with 3-18 month terms, term loans from $25,000-$500,000 with 12-84 month terms, and invoice financing from $5,000-$200,000 with 30-90 day terms. Specific amounts and terms depend on your business qualifications and financial profile.

Interest rates are determined by several factors including: personal and business credit scores, business financial performance, time in business, industry risk level, loan amount and term, and overall financial stability. Businesses with stronger financial profiles typically qualify for lower rates. We evaluate each application individually to offer the most competitive rate possible.

To qualify for a business loan with SatuitCapital, you need: a business operational for at least 6 months, minimum annual revenue of $50,000, personal credit score of 550 or higher, valid business registration and active business bank account, and no recent bankruptcies or tax liens. We also consider overall business performance and industry factors in our evaluation.

Yes, we work with startups that have been operational for at least 6 months and can demonstrate consistent revenue. While traditional banks may be restrictive with new businesses, we evaluate startups based on business model viability, market opportunity, founder experience, and financial projections. Additional personal guarantees may be required for newer businesses.

We understand that many business owners may have credit challenges. While we require a minimum credit score of 550, we consider the overall financial picture including business performance, cash flow, and revenue trends. Strong business financials can often compensate for lower personal credit scores. We encourage you to apply even if your credit isn't perfect.

We work with businesses across most industries including retail, restaurants, manufacturing, services, technology, and healthcare. However, we do not fund certain high-risk industries such as adult entertainment, gambling, or illegal activities. Each industry has different risk profiles that may affect loan terms and rates. Contact us to discuss your specific industry.