SnapCap Small Business Loans Review


Rating: 9.4 / 10 (Excellent)
2 Customer Reviews - see all reviews
Disclosure: We receive advertising revenue from this partner. Learn more.
How is SnapCap rated?
10/10
Loan Types
9/10
Loan Requirements
9/10
Loan Specifics
10/10
Company Reputation

SnapCap specializes in providing financial services to small businesses enabling them to have easy credit access to much needed funds through a fast and secure lending process.  The company utilizes a modern lending process with a paperless application approach to provide businesses a quick funding service.

Features and Services

SnapCap provides funding for multiple types of business loans of up to $600,000. They offer business loans for equipment, expansion, working capital, and inventory purchases. The company offers same day approval and next day funding services. Applying for a small business loan can be done through a quick and secure paperless lending process.

SnapCap offers unsecured loan financing or loans which doesn’t require collateral. Its Patent Pending Technology gives a unique approach to loan approvals by letting this be based on business performance and the use of proprietary data and systems. Another unique feature is its “Vanishing Interest Rate” program that rewards business owners who handle their repayment terms responsibly.

Plan Details

Loan Amount

$5,000 to $600,000

Loan Terms

3 to 24 months

Interest Rates

Varies

Fixed Interest Rate

8-30%

Variable Interest Rate

Down Payment

Loan Fees

Closing Cost

Not Stated

Guarantee

Other Fees

Prepayment Penalty

Loan Application

Online Application

Personal Credit Profile

Business Credit Profile

Approval Time

SAME DAY

Local Branches

Available Nationwide

Not Stated

Application Time

WITHIN MINUTES

Mobile App

Qualifications

U.S. Citizen

Good Credit

Bankruptcy

Years in Business

At least 6 months

Qualified even with bad credit

Help and Support Services

Email Support

24 Hour Telephone Support

Live Chat

FAQs

Small Business Loans at SnapCap

SnapCap is a smart choice for businesses searching for quick access to much needed business loans. A convenient online application, no collateral requirement and its unique approach to loan approvals based on business performance is a welcome alternative to traditional bank loans which can be very stringent and lengthy.

Start your review for SnapCap Small Business Loans

Latest Reviews

Loading Reviews ...
J
Jered T
Silverthorne, Colorado
9/16/2016
Excellent Experience

L
Laura A
8/24/2016
I had a great recent experience with SnapCap. My loan officer was responsive to my needs, and I was funded in 3 days after verifying some business details. I look forward to working with SnapCap in the future.

Start your review for SnapCap Small Business Loans