Business Loan

At GetFastCapital, we do not charge interest rates.

We purchase your future sales against a set price. 

For example, you come to us with a request for $20,000. We will purchase your sales worth $20,000 against a set price*, for example $25,000*.

We will then take a set percentage** of your daily credit card sales, for example 12%**, until your total obligation of $23,000 is paid off.

Since our lending program is in essence just a buy and sell agreement, there is no interest rate involved.

So even if sales are slow or business drops down, you will end up paying the same total amount, no matter how long you take to pay it.  The only change is that in slow months, the amount we take from you is less because the amount is based on a fixed percentage**.

The example below will help you understand better.

Let's say you come to us with a request for $100,000 for improvements to your restaurant business. 

What we do is we purchase $100,000 of your future sales for a set price*, e.g. $123,000*. 

The repayment is set at a percentage** of your daily credit card sales, e.g. 15%**.

So the payments that we take from you is as follows:

Day 1 Sales: $6,000

Day1 Payment @ 15%: $900

Day 2 Sales: $3000

Day 2 Payment @ 15%: $450

We will keep deducting the repayment percentage from your daily credit card batches from you until your obligation of $123,000 is paid off.

So even if it takes 3 months or 10 years for you pay to pay us back, you end up paying the same $123,000 that was agreed upon at the time of the closing.

Unlike banks which work on Interest Rates and shady late fees and compound APR's, we work on your success.  We get paid back when your business makes money.  There are no late fees, penalties or time limits - we make money when you make money.

* The set price of the purchase varies for each business application.

** The set repayment percentage for payback varies for each business application.