FAQ

You’ll be pleased to know that Liberty Capital Funding offers relaxed qualification criteria for our working capital loans. We consider businesses that have been operating for at least six months and have an annual revenue of $200,000 or more. Additionally, business owners should have a credit score of 500 or higher. Please keep in mind that additional criteria may be required, and we will discuss these with you during the process.

Liberty Capital Funding has some of the most straightforward qualification requirements for a business line of credit. This includes a minimum of one year in business, a 650 or higher credit score, and $400,000 or more in annual revenue. Your Liberty Capital Funding account manager will discuss the additional borrowing criteria with you so you are fully informed.

Great question! The working capital loans and business lines of credit available from Liberty Capital Funding are unsecured, and they offer two key advantages. First, no collateral is needed, meaning you do not have to risk your assets, such as property or inventory, to secure funding. Second, unsecured business funding often has a quicker approval process than secured loans because it doesn’t involve lengthy evaluations and documentation of collateral.

Not at all! Liberty Capital Funding knows you are busy running your business, so we simplified our application. All that is required is basic information about you and your business and the four most recent months of business bank statements.

Each business’s financial situation is unique and influenced by various factors such as credit history, revenue, and time in business. As a result, the interest rate on a working capital loan or business line of credit can vary significantly from one business to another. Liberty Capital Funding has attractive interest rates for our funding options.

Absolutely. At Liberty Capital Funding, we understand that many business owners need quick and reliable access to funding to support their growth and operational needs. Our technology-based lending process enables us to quickly make credit decisions and deliver funding to business owners whose applications have been approved.