** The below program minimums are a general guideline and funding approvals will be based on the health of your personal and or business credit profile. If your credit file has little to no credit, it will be hard to gain an approval. If your credit profile has credit card utilization above 30%, credit line approval will be more challenging. If your debt-to-income ratio is above 50%, all loan programs will be challenging to gain approval. Make these considerations before applying. If you have general questions before applying, email [email protected].
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* Not yet available for Business StartUp Funding
If you accept credit cards or have regular bank deposits, you can get funding advanced to you for up to 200% (twice) of the amount of your monthly deposits.
| Min Credit Score: | 550 |
| Min Time in Business: | 6 months |
| Min Monthly Rev: | $8,000/mo |
| Funding Range: | up to $10 Million |
All types of loans, including SBA Express, 7(A), Equipment Financing, Franchise Loans, Purchase Order Loans, Real Estate backed loans and even more…
| Min Credit Score: | 650+ |
| Min Time in Business: | 2+ years |
| Min Monthly Rev: | $20,000/mo |
| Funding Range: | up to $5 Million |
Money available to “draw” against that’s deposited into your bank account. Repayment plan based on what you borrow. Access to balance.
| Min Credit Score: | 650+ |
| Min Time in Business: | 2+ years |
| Min Monthly Rev: | $20,000/mo |
| Funding Range: | up to $250,000 |
Sell your accounts receivable to a lender at a discount, which the lender in turn provides an advance on payments for outstanding invoices.
| Min Credit Score: | 530+ |
| Min Time in Business: | 3 months |
| Min Monthly Rev: | $40,000/mo |
| Funding Range: | up to $5M per month |
| Min Credit Score: | 680+ |
| Min Time in Business: | NONE |
| Min Monthly Rev: | 0 to $4k |
| Funding Range: | up to $150,000 |
Property Types offered: Retail, Mixed Use, Industrial, Warehouse, Multi-family, and SFR 1-4
Must own personal residence
| Min Credit Score: | 660+ |
| Funding Range: | up to $150 Million |
For financing new or used equipment and their associated soft costs.
| Min Credit Score: | 700+ |
| Min Time in Business: | 4 months of business bank statements |
| Min Monthly Rev: | n/a |
| Funding Range: | $1k to $20M |
Fastest access to an SBA loan with streamlined processes and documentation. Get pre-qualified today.
| Min Credit Score: | 720+ |
| Min Time in Business: | 3+ years |
| Min Monthly Rev: | $14,000/mo |
| Funding Range: | up to $150,000 |
Unlock business capital from your home equity as quickly as 5 days with our business-purpose home equity line of credit (HELOC).
| Min Credit Score: | 600+ |
| Min Time in Business: | 3+ months |
| Min Monthly Rev: | $12,000/mo |
| Funding Range: | up to $750,000 |
* If you are close to the above requirements, some exceptions can be made. Some funding types accept co-signers.
Confirm each item to continue to your application.
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Learn about myNovaeDisputesmyNovaeDisputes helps you identify negative entries and file disputes on the ones you believe are reporting incorrectly.
Learn about myNovaeDisputesInquiries age off on their own, so this one improves with time rather than with a product. Your fintech consultant can help you plan the right window to apply.
Like inquiries, this improves as recent accounts age. Ask your consultant to help you time your application around it.
This checklist is a self-assessment and not an approval decision. Lenders review other factors in your personal and business profile, and Novae does not guarantee funding, approvals, or specific credit results. Novae and its affiliates may earn a commission if you enroll in a product recommended here.