CAN Capital provides short-term loans to small businesses that can’t get financial assistance from other lenders due to their industry, short duration in business, or poor credit scores. Clients can borrow $2,500 to $250,000 with 6 to 18 months term. In this article, we cover user reviews and pricing. Ready to get started with CAN Capital? Apply now.
What CAN Capital Does Well
Users who gave CAN Capital a positive review said that the application process is easy and that the funds are quickly released. They added that their employees are helpful, courteous, and knowledgeable.
One user who gave CAN Capital a positive review on Trustpilot liked the prompt and personal service they received from the company. He added that CAN Capital considered all of their needs, and all of the communications, decisions, and funding are on-time.
What CAN Capital Does Not Do Well
As of the date this article was written (12/27/18), there are very few up-to-date negative CAN Capital reviews online. Some of them said though that the interest is too high.
CAN Capital Pricing
CAN Capital’s pricing is not readily available on their website. However, according to a third-party site, their interest for their short-term loans ranges from 1.15% to 1.48%, while their term loan’s interest rate is at 12.9% to 29.9% APR.
An additional 3% of the funded amount will be charged to term loan clients as an origination fee and $395 administration fee for merchant cash advance clients.
Ready to get started with CAN Capital? Apply now.
Top Lender Pick from Fit Small Business
Best SBA Lenders: Top 100 SBA Lenders— With more than 3,000 SBA lenders nationwide, choosing the best SBA lender can be difficult. In this guide, we’ll show you the 100 top SBA lenders per current SBA data, and review 10 of the top SBA lenders. Read on to know our recommendation.
CAN Capital Features
Check out the list below of some of CAN Capital’s features:
- Funding available from $2,500 to $250,000
- Quick Decision
- Minimal Paperwork
- Fast Funding
CAN Capital FAQ
How fast can users get the funds?
Are there any restrictions on where clients can use the funds from CAN Capital?