Frequenty Asked Questions
Working Capital FAQ
We believe transparency is the best policy. We want you to understand every detail of the transaction, from beginning to end. Here are answers to our most frequently asked questions. If you have any additional questions, call 888.339.3357 to speak with a specialist.
How does the program work?
Capital Alliance connects Main Street to capital through our patent-pending proprietary technology platform. We focuses primarily on business performance, rather than the credit scores of the business owner, and can offer healthy businesses quick access to affordable loans so they can meet their daily operating needs and achieve long-term goals. The company also offers a set of free online tools designed to help small business owners understand what their credit options are, and how lenders currently look at their business.
What Services Does Capital Alliance Offer?
We offer a free set of online tools designed to help small business owners quickly identify their lending options based on their cash flow and credit bureau data. In just 5 minutes any business owner can find out what type of loans they would likely qualify for – ranging from a bank loan to short term business loans, factoring etc. Click here to get started with Capital Alliance.
Is this a merchant cash advance program?
No, we are not a merchant cash advance company. We offer true business loans with fixed terms and payments.
How much capital can you lend me?
We offer loans from $5,000 up to $100,000 based on the monthly cash flow of the business.
What makes a company eligible for an Capital Alliance Loan?
A business is a good candidate if it has a separate business bank account, has been open for business for over one year, and processes at least $3,000 in credit card transactions per month. If a company does not accept credit cards, it can be eligible for a loan if it has been open for business for at least 2 years and has an average business bank account balance of at least $3,000 per month.
What information do you need from me to apply?
Depending on how you receive payments from your customers, you may need some or all of the following:
* Tax ID number
* Credit card statements for the previous 3 months
* Bank statements for the previous 3 to 6 months
* Social Security number of business owner(s)
* Drivers license number and state of issue
How soon will I know if I’m approved?
Within 24 hours of receiving your completed application, we will let you know if you’ve been approved.
When will I receive the funds?
Loans will be funded within 24 hours of receiving all completed loan documents.
How do I repay the loan?
Daily Direct DebitSM payments are made from your business bank account to Capital Alliance. These small regular payments are proven to prevent the snowball