How do I apply?
Click here to fill out our simple application or call 866.623.4900.
Do I qualify?
You pre-qualify for a ForwardLine merchant loan* or advance if:
*In certain states small business loans are provided by ForwardLine Financial, LLC, a licensed California Finance Lender, license #6039614. In certain other states or because of certain loan attributes, your business loan may be issued by FinWise Bank, a Utah-chartered bank, Member FDIC. All business loans are subject to lender approval. Your loan agreement will clearly identify the lender. 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 and 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.
What if I don’t qualify?
You will always have financing options at ForwardLine. You have our guarantee that 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 866.623.4900.
Are there any fees?
We do charge a small origination fee that is calculated into your loan amount. We do not charge a closing fee.
What is the length of your loans?
You can choose a repayment period that works for your business – these typically range from 6 to 12 months.
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, middleman, or referral reps adding to the cost of our small business loans. The interest cost (or discount in the case of a merchant advance) depends on among other factors, your industry and time in business. Contact a ForwardLine merchant representative 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 payments?
You choose your preferred repayment method at the time of your financing. Payments are collected by ForwardLine automatically. There are no checks to send or due dates to remember, and you’ll never be charged a late fee.
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 accredited partners at 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.
Is my business eligible for either a merchant loan or a merchant advance?
Eligibility for either program depends on several factors, including credit considerations, time in business, industry type and the state in which your business is located. A ForwardLine merchant representative will be happy to discuss which program is available to you.
What level of customer service can I expect?
We are very proud of our customer support team. Every ForwardLine merchant representative typically has a minimum of 5 years of direct industry experience. We are subject matter experts and are here for your convenience.
What percentage of my credit card sales are held back?
If eligible for a merchant cash advance, the percentage applied to your financing balance is determined by your historical monthly credit card and debit card volume and the amount of funding you receive. We’ll give you the projected holdback and a full financing quote in writing when you call us.
"Pleasantly Surprised! When I called in response to the mailing I received I was a bit apprehensive because I had reached out to other business lenders before and was overwhelmed by their stipulations. However, Al, the agent I spoke with made me extremely comfortable and NEVER made me feel pressured during the process. He gave me excellent advise and then made the transition to the next stage very comfortable. Ben made me feel equally as comfortable with the process. Within a few days, I received the funds to help me with my business venture."
~ Celeste Jackson | Celeste Jackson Interiors LTD