Swift Capital Review

Swift Capital is a lender of credit to small and medium businesses and it is unique in its operations. Unlike other lenders who use your credit score to determine your creditworthiness, Swift Capital bases its assessment on the business’s future sales.

However, it gives much consideration on your business’ projected revenue business. Such an approach makes it easy for businesses to acquire short term cash flow loan. Swift capital stands out as the only funder that will guarantee quality services, fast disbursement of money, as well as much flexibility in terms of the repayment structure.

What type of funding does Swift Capital provide?

Business advances 


requirments_icon1Credit Limit
Poor credit limit is allowed 

3 to 12 months  

Fund received
at most 3 days

What do I need in order to qualify for funding?

You will need a few things to qualify for funding: 

  • A credit score of 500 
  • Business revenue of $100,000 per year 
  • Active in business activities for 12 months 

How do I apply to get funding?

The application process is easy. There is an online application form that you ought to fill in simple details about your business. 

Find the right funding for your business

What is the process to receive funding?

After completing the application process, a representative gets in touch to verify several things, as well as ask for any additional documentation that is required. If you accept the offer, your money is sent to your bank account. 

Does Swift Credit run a credit check? 

Yes, though it does not affect your credit score.

Do I have to provide security or a guarantee? 

Collateral: UCC-1 blanket lien

Are there fees involved? 

A flat fee of 1.099% – 1.429%
An origination fee of between 1% and 2.5%
Weekly fees starting at 4.66% for a 12-week repayment plan

What are the loan rates? 

The loan rates 4.66%

What documentation do I need to provide?

A few documents are necessary when applying for funding at Swift Capital. Such documents include:

-Business tax ID
-Your social security number
-Monthly sales figures
-Bank statements

How long will it take for money to get into my account? 

Receiving money from Swift Capital is as easy as the application process. Within 48 to 72 hours, you will have the money in your account.

What happens in the case of a default? 

Swift Capital sends your loan details to a collection agency to make the follow-up on their behalf.

Is Swift Capital regulated?