While it's true that you may find lower pricing at your bank, if you're like most small businesses, you may not qualify. That said, pricing of the products we market is competitive with other alternative finance companies, and our process is fast—funds can be sent as fast as the next business day.
Yes, a one-time origination fee is collected at time of funding the Term Loan. This small fee helps recover costs associated with processing, underwriting and servicing for your new loan contract.
For Term Loan the origination fee is 3% of the principal/funded amount and is automatically deducted from your business bank account the day after funding.
It may not matter. At CAN Capital, the criteria for funding eligibility includes the performance of your business. We're all about building long-term relationships with business owners - like you - who have the know-how to grow their businesses, but need the funds to make it happen.
Once your business is approved, the funds will be sent to your business account as fast as the next business day.
We offer access to customized funding options from $2,500 to $250,000± per location. When you apply through your broker, they can tell you how much your business could qualify for, and there’s no obligation.
±This is an invitation to apply (applicants must meet certain eligibility requirements) and not an offer or commitment to provide access to capital. Restrictions apply.
With CAN Capital, you have the freedom to use the funds in your business—for taxes, payroll, inventory, marketing and advertising, business expansion and so much more—almost any business need! You’re the boss, so you make the call.
We work with an array of businesses nationwide—from dental offices and climbing gyms to restaurants and coffee shops, nail salons, automotive repair shops, plus hundreds more! Customers range in size from single to multiple-location businesses.
Term Loans offered through CAN Capital range from $2,500 - $250,000. Term Loan offers terms that range from 6 months to 24 months.