How Veltcap works
One application and one dedicated advisor, from the first call to the day funds arrive. Here is every step, plainly.
Five steps from application to funding
Check your eligibility
About 60 seconds. Amount, monthly revenue and time in business. No documents, no SSN. Checking your options is a soft credit pull, which doesn’t affect your credit score.
Complete the application
About 5 minutes. Business details and your last four months of business bank statements, through the secure application. You can save and finish later.
Your advisor reviews and calls you
During business hours. Your advisor confirms a few details, asks what the money is for, and tells you plainly which options are realistic.
Your offer, in writing
Before you sign. Your advisor works out the structure that fits and sends your offer in writing: amount, total repayment, payment amount and schedule.
You choose, then funding
As fast as 2 hours once approved2. You decide, with no obligation. A full credit check may be run once you choose to move forward. You sign, and funds are sent to your business account.
What your advisor does for you
Your Veltcap advisor learns what your business needs, works out the structure that fits your cash flow, and explains your offer line by line, so you know exactly what it costs before you sign.
- We do prepare your file, explain every cost, and stay with you until funds arrive.
- We don’t charge you fees, ask for upfront payments, or ask for your online banking password. Ever.
- Final amount, rate and terms are confirmed in writing at approval. See our disclosures.
What it costs you
You pay Veltcap no fees. Your offer shows its full cost in writing (total repayment, payment amount and schedule) before you sign anything.
After you’re funded
Your advisor stays your contact. If the business needs more later, or wants to restructure what it has, you start from a file that’s already prepared.