Frequently Asked Questions
What is Capital Now LLC?
Capital Now, LLC is a small business lender that gets its edge from proprietary technology. We finance transactions of $5,000 to $200,000 to businesses operating in over 100 industries. We are not a broker and will not forward your information to any other party. We want to work with our clients to find innovtive ways to help grow your business. Our mission is to allocate capital expeditiously and efficiently while being 100% transparent.
What terms can I expect for a Capital Now LLC transaction?
We fund transactions for as little as US$5,000 up to US$200,000. Typically, our transactions are paid back between 6 and 36 months though we maintain a certain amount of discretion and will work with the client to find the right term structure.
How much will funding from Capital Now LLC cost my business?
The cost of an Capital Now LLC funding varies based on the cash flow of your business and type of transaction. On average, you may pay $500 – $1,000 over 6 to 12 months for $5,000 of funding. Of course not all applications are approved though at any point in the process you will be able to speak with a member of our team to structure a funding package that best serves your company.
What are the requirements for funding from Capital Now LLC?
Besides for a driven and focused management team, we need businesses to be based in the United States, to have at least 80,000 of revenues (annualized basis), and have at least six months of operations.
How do I repay my funding?
We use daily or weekly Automated Clearing House (ACH) payments, which are made directly from your business account. Because the process is automated, the burden on you is marginal.
Does my weak personal credit score mean I wont be approved?
No. Personal credit score is just one variable we analyze when approving funding. We have funded many businesses who's shareholder has personal credit problems though has exhibited an ability to effectively manage his/her business cash flow and obligations.
For any other questions or concerns, please call or email us. Alternatively you can fill in the following contact form. You will receive a real-life response within 2 business hours
PO Box 20240
New York, NY 10025