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Small Business Financing FAQs

Craving answers? We make it simple for any questions you might have.

How do I apply?

Click here to fill out our simple online application or call 866.623.4900.

Do I qualify?

You pre-qualify for a ForwardLine Short Term Loan* or advance if:

  • You have owned your business for at least 12 months.
  • You have at least $100,000 in total sales per year.

*In certain states small business loans are provided by ForwardLine Financial, LLC, a licensed California Finance Lender. Loans issued by ForwardLine and/or FinWise Bank are short term loans with a maximum lending amount of $150,000.  All lines of credit, medium term loans, and short term loans above $150,000 will be issued by one of ForwardLine’s third-party lending partners (the “Lending Partners”).  ForwardLine does not guarantee the rates, fees, or repayment terms of loans made by our Lending Partners.  Valid US bank account and tax identification number are required. For more information, please call 866.623.4900.

What amount of funding can I get?

Your funding amount depends primarily on your sales volume and your type of business. How long you’ve been in business is also considered. The maximum financing amount we fund is typically 2x your average monthly sales, up to $2,000,000*. Contact ForwardLine today to receive a free, no-obligation customized quote.

*Loans issued by ForwardLine and/or FinWise Bank are short term loans with a maximum lending amount of $150,000.  All lines of credit, medium term loans, and short term loans above $150,000 will be issued by one of ForwardLine’s third-party lending partners (the “Lending Partners”).  ForwardLine does not guarantee the rates, fees, or repayment terms of loans made by our Lending Partners.  Valid US bank account and tax identification number are required.

What if I don't qualify?

ForwardLine is here to assist you every step of the way and to also find you the best financing solution. In addition to our financial offerings, we have hand selected other lenders and capital providers whose offerings may be a better solution for your current needs. Any submission to our partners will only be done with your prior permission. These submissions may require credit reports on you personally and your business. Our exceptional client support team is here for you every step of the way.

To learn more and discuss all of your financial options, call us at 866.646.4801.

Are there any up-front fees?

Absolutely not! The application is quick, easy, and totally free.

What is the length of your loans?

You can choose a repayment period that works for your business – these typically range from 6 to 18 months for short term loans while lines of credit are 6 to 12 months. Medium term loans range from 1 to 5 years.

How long will it take to get me approved?

Our online application offers instant credit approval, subject to verification.

How long will it take to get my funds?

Once approved, we can have the cash in your account in as little as one business day, and we aim to meet your financial needs as soon as they arise.

What interest rate do you charge?

We’re able to provide your business with some of the most competitive rates in the industry because we work directly with you. There’s no broker, or middleman adding to the cost of our small business loans. The interest cost depends on among other factors, your industry and time in business. Contact a ForwardLine Funding Consultant today to get your free, no-obligation, custom financing quote.

How much does my personal credit matter?

We’re not FICO® score driven. We review your personal credit to evaluate your credit history, but the strength of your business is a key factor in determining your finance eligibility.

How do I make my loan payments?

You have the ability to choose among different repayment methods, but all payments are collected automatically. There are no checks to send or due dates to remember.

Are your funding programs available in all 50 states?

Yes, we provide business loans in all 50 US states. In certain states, small business loans are provided by ForwardLine and in certain other states or because of certain loan attributes, your business loan may be issued by our partner FinWise Bank, a Utah-chartered bank, Member FDIC.

Do I need to transfer my merchant account?

No. ForwardLine has financing options that do not require you to change your merchant account.

What level of customer service can I expect?

We are very proud of our customer support team. Every ForwardLine funding consultants typically have a minimum of 5 years of direct industry experience. We are subject matter experts and are here for your convenience.

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of Customers Recommend Us

Listen To What Our Customers Have To Say!

“ForwardLine worked with us, and answered all our questions. It made us very confident about the decision we were making for the company’s expansion. We were pleasantly surprised when we paid off the loans months earlier than our projections. We made the right decision for the company and we thank ForwardLine for assisting us.”

– Matthew Scott, Big City Bread Café

“I highly recommend ForwardLine and we will always consider them a business partner. As an owner of a furniture store in Michigan, it was impossible to get financing when the recession started 5 years ago. Even our banks that we dealt with for years would not help us. ForwardLine came to the rescue with funding that I could not otherwise obtain from the banks. The process was quick and easy and ever since then we have established a great relationship with ForwardLine over the years. Now we use the extra funding to make special purchases to help expand our business.”

– Jim Shea, Monroe Furniture Plaza

“This was the easiest loan I’ve ever received. Thanks to ForwardLine we were able to recover from 2 Hurricanes back to back without a FEMA loan. This is our third renewal and each time it makes our business so much better. I feel bad for the small business owners that don’t know about ForwardLine and have to struggle unnecessarily. Don’t even waste time with the banks. Just go apply at ForwardLine.com.”

– Dona Piza, Prana Yoga Center