Excel Capital is a loan provider that enables small business owners to get funding in as little as 48 hours. Its offerings include small business loans, unsecured business loans, business line of credit, merchant cash advance, and more. In this article, we cover user reviews and fees. Ready to get started with Excel Capital? Sign up for a free account.
What Excel Capital Does Well
As of the date this article was written (12/13/2018), there are very few positive Excel Capital reviews online. However, some users said that the company has a very fast approval process. They also commended the customer support team for being reliable and accommodating.
What Excel Capital Does Not Do Well
There are no available negative reviews of Excel Capital as of this writing.
Excel Capital Pricing
Excel Capital provides businesses with funding that starts at $3,000 to $1,000,000, which can be approved in as little as 24 to 48 hours. Transaction rates range from 2.5% to 5%, with terms of 12 months for lines of credit and 18 months for small business loans.
Ready to get started with Excel Capital? Sign up for a free account.
Top Lender Provider Pick from Fit Small Business
Fast Business Loans: 6 Best Quick Business Loans 2018 — Fast working capital loans are typically classified as short-term financing options with high-interest rates and a funding speed of 1-3 business days. After reviewing the top providers in the industry, we’ve chosen the 6 best business loans based on their terms, costs, and qualifications.
Excel Capital Features
Check out the list below of some of Excel Capital’s features:
- Small Business Loans
- Unsecured Business Loans
- Business Line of Credit
- Merchant Cash Advance
- Bad Credit Business Loans
- Equipment Financing
- Invoice Factoring
- SBA Loans
- Loan Consolidation
Excel Capital FAQ
What types of business needs can Excel Capital fund?
Some sample business needs that Excel Capital can provide funding for include office relocation, employee payroll, advertising, purchase of supplies and equipment, and more. However, funding services are not limited to these and businesses can apply for a loan for any need that may arise.
What makes Excel Capital different from traditional banks and funding institutions?
Excel Capital evaluates each business loan application based on the company’s current valuation, instead of the conventional review of credit scores and historical financial data. This provides a lot of companies with more chances of getting their loan application approved, as opposed to the usual route that traditional funding institutions use.