Lendwise Capital || Small Business Loans

Frequently asked questions

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Q: Can I pay off my loan early?

A: Lendwise Capital is a financial technology company that provides business loans to qualified borrowers. They aim to simplify the loan application process and provide borrowers with competitive interest rates and flexible repayment terms.

Q: What types of loans does Lendwise Capital offer?

A: Lendwise Capital offers merchant cash advance upto $5,000,000. These loans can be used for your business.

Q: What are the eligibility requirements for a Lendwise MCA loan?

A: To be eligible for a Lendwise Capital loan, you must be a U.S. citizen or permanent resident, at least 18 years old. You must also have business which is six months old.

Q: How do I apply for a loan from Lendwise Capital?

A: You can apply for a Lendwise Capital loan online by filling out a loan application on their website. The application process typically takes 5-10 minutes, and you may receive a loan decision within minutes of submitting your application.

Q: Is there a penalty for paying off a Lendwise Capital loan early?

A: No, there is no penalty for paying off a Lendwise Capital loan early. In fact, they encourage borrowers to pay off their loans early to save on interest charges.

Q: How long does it take to receive funds from a Lendwise Capital loan?

A: If your loan is approved, you can typically expect to receive your funds within 1-3 business days. However, the exact timing may depend on your bank and the payment method you choose.