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Submission: On September 21 via manual from IN — Scanned from DE
Submission: On September 21 via manual from IN — Scanned from DE
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Toggle navigation * Business Financing * Purchase of Receivables * Small Business Loan * Business Line of Credit * Working With Us * How it Works * FAQ * Customer Stories * About Us * Company * Partner With Us * Careers * Contact Us * 866.615.4747 * Office Hours: Log In Apply Apply for Funding × We are currently not accepting new customer applications. If you are an existing customer and have a question about your account, please reach out to service@businessbacker.com. FINANCING FOR SMALL BUSINESS Apply for Funding The Business Backer is temporarily not accepting new applications. CHOOSE FROM THREE FUNDING SOLUTIONS Description Term Length Payment Frequency Top Feature Purchase of Receivables Description Purchase of future receivables agreement up to $200,000 Term Length No set term Payment Frequency Daily or weekly Top Feature Adjust deliveries if your revenue changes Learn More Small Business Loan Description Fixed sum of funds up to $200,000 Term Length 4 – 18 months Payment Frequency Daily or weekly Top Feature Manageable payments Learn More Business Line of Credit Description Revolving credit line up to $100,000 offered through our partner Headway Capital Term Length 12, 18 or 24 months Payment Frequency Weekly or monthly Top Feature Funds replenish as you pay back Learn More FROM APPLICATION TO FUNDING IN 3 EASY STEPS 1. Apply online. One of our experienced Funding Advisors will call you shortly. 2. Receive a decision. Your Funding Advisor will help determine the best financing option after you submit 3 months of business bank statements. 3. Receive your funds. Sign your contract and receive funds as soon as next business day, if approved.‡ Apply for Funding The Business Backer is temporarily not accepting new applications. UNPARALLELED SERVICE AND SUPPORT YOU CAN COUNT ON Our Funding Advisors get to know you and your business, helping you determine the right solution for your needs. Our support is simple and straightforward — without any sales pressure — and it’s there for you every step of the way. Contact Our Advisors Call us at 866.615.4747 SEE WHAT OUR CUSTOMERS SAY ABOUT US * Purchase of Receivables * Small Business Loan * Business Line of Credit * How It Works * Contact Us * Partner With Us * About Us * Sitemap * Privacy Policy * Blog * Resources The Business Backer | 10856 Reed Hartman Highway Suite 100 | Cincinnati, OH 45242 Copyright © 2021 The Business Backer California Residents: Do not sell my information. ‡Funds will be available next business day if approved before 6:00 p.m. CT. If approved after 6:00 p.m. CT, funds will be available in two business days. **No draw fee in CO, GA, IN, NJ and OK. ***Eligibility for the lowest rates is limited, typically available only to highly qualified borrowers with the strongest creditworthiness. Monthly interest rates range from 3.3% to 6.0%. The average monthly interest rate for lines of credit is 4.6%. 1Eligibility for the lowest interest expense is limited, typically available only to highly qualified applicants with the strongest creditworthiness. Monthly interest expense ranges from 1.7% to 4.3% of the loan amount. The average monthly interest expense is 2.0% of the loan amount. +The origination fee ranges from 0 - 3%. Customers have the discretion to increase the origination fee up to 8% in order to reduce the interest expense. In Iowa, the maximum origination fee is 2%. §Eligibility for the lowest factor rate is limited, typically available only to highly qualified applicants with the strongest financials. Factor rate ranges from 1.2 to 1.47. The average factor rate is 1.28. ¶The purchase fee ranges from 0 – 3%. Customers have the discretion to increase the purchase fee up to 8% in order to reduce the factor rate. Back to Top➜