Question 1

How can Approvd help my business?

Accepted Answer

With more lenders and financing options than ever before, small business owners often don't know where to turn. Approvd connects you with the right lenders and products for your specific situation — saving you time, protecting your credit, and getting you funded faster.

Question 2

Will applying hurt my credit?

Accepted Answer

No. We use a soft credit pull only — this never affects your credit score. You can check your options completely risk-free.

Question 3

What are your loan amounts and terms?

Accepted Answer

We offer financing from $5,000 to $5 Million depending on the product. Terms range from 6 months to 20 years. Our advisors will help match you to the right product for your needs.

Question 4

How do I qualify for financing with Approvd?

Accepted Answer

Basic requirements vary by product, but generally include at least 6 months in business, $10,000+ in monthly revenue, and a FICO score of 500+. Some products have higher requirements.

Question 5

What are your rates?

Accepted Answer

Rates vary by product and your business profile. Term loans start as low as 7.49% APR. Lines of credit start at 8% APR. Revenue-based financing uses factor rates from 1.1–1.5. We'll show you real offers before you commit to anything.

Question 6

Is there any obligation if I apply?

Accepted Answer

Absolutely not. Submitting a pre-qualification is 100% free and non-binding. You review your offers and decide whether to move forward — no pressure, no obligation.

Question 7

What type of financing do your lenders offer?

Accepted Answer

Our lender network offers revenue-based financing, business lines of credit, term loans, SBA loans, consolidation loans, and reverse consolidation — giving you access to the full spectrum of small business funding.

Question 8

Does Approvd help my business credit?

Accepted Answer

Yes. Many of our lenders report to business credit bureaus, which can help build your business credit profile over time. Some products are specifically designed to help newer businesses establish credit.

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