Fluency in Financing

Funding Solutions

Customized Funding Solutions for Every Need

See which funding solutions best fit you and your business

At Crown Funding Source, we offer a wide range of financial products that put the capital where it counts – in the hands of small business owners. We empower our clients with the funding they require to succeed, with approvals for funds ranging from $5k all the way to $5M, deposited within days.

Our merit-based underwriting system is a game changer in the industry, allowing us to rely less on credit scores and level the playing field for qualified businesses.

Learn more about our services below or fill out our 1 minute application for a free consultation with a Crown Funding Source business lending specialist.

Revenue Based Financing

Revenue Based Finance gives you access to funds, an "Advance", based on your historical monthly revenue. You'll repay a fixed percentage of your revenue until the advance is paid back in full.

Funding
$10,000 to $5 million
Term
3 months - 10 Years
Rates
Starting at 9%
Speed
1-3 Business days
Merchant Cash Advance

A Merchant Cash Advance leverages your business's future income from credit card transactions. You receive an advance which is repaid from a fixed percentage of your daily sales transactions.

Funding
$7,500 to $1 million
Term
3 – 18 months
Rates
Starting at 1.09%
Speed
1-3 Business days
Invoice Factoring

Invoice Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount, these are paid back when invoices comes in.

Funding
$10,000 to $10 million
Term
Up to 24 Months
Rates
Starting at 6%
Speed
1-2 Weeks
Asset Based Loans

Asset-based finance uses your business’s assets as collateral for funding, instead of relying on revenue and credit. This helps your business remain liquid during times of rapid growth.

Funding
$7,500 to $1 million
Term
3 – 18 months
Rates
Starting at 1.09%
Speed
1-2 Business days
Business Loans

We offer Business Term Loans at fixed rates starting at 5%. Terms can extend up to 10 years for qualifying businesses. Solid financials are required for approval.

Funding
$7,500 to $1 million
Term
3 Months - 10 Years
Rates
Starting at 5%
Speed
1-2 Business days
Business Line of Credit

A Business Line of Credit (BLOC) gives you access to funds at a preset borrowing limit. You can use as much money as needed until the limit is reached. As you repay your balance, the full line of credit becomes available again, with you only paying interest on what you draw.

Funding
$1,000 to $250,000
Term
3 – 18 months
Rates
Starting at 8%
Speed
1 - 3 Business days

How To Apply

Our application process is fast and easy, taking just a few minutes to complete, and funds can appear in your bank account in as few as 1-2 business days from approval. Here is how to apply:

Step 1: Contemplate Your Needs

Before you apply, make sure that the funding program is the right solution for your business's needs. Consider whether you will be able to use the funds for your desired purpose, and if the repayment structure is conducive to your cash flow. Take your time to determine the amount of funding your business will most benefit from.

Step 2: Collect Your Documents

Here is what you will need to submit with your application:

  • A valid driver’s license
  • 1 voided business check
  • Past 4 months of bank statements
  • Past 4 months of credit card processing statements

Step 3: Fill Out Our Online Application

To start the application process, give us a call or fill out our short online application. We will ask you to provide some basic information, along with your desired funding amount.

Step 4: Speak to a Representative

Once you apply, a representative will reach out to you, so make sure you have all your documents ready from 'Step 2'. The representative will explain the repayment structure, rates, and terms you qualify for. This will ensure that there are no surprises or hidden fees during repayment. Once you decide, you will be given a final application to submit along with your documents.

Step 5: Receive Approval

If you’ve been approved, you’ll hear back from us within 24 hours. Funds should then appear in your bank account in 1-2 business days.

What If I’m Declined?

Your application may be declined if your business’s cash flow is insufficient at the time of your application. This product places an emphasis on monthly revenue, so applicants with strong sales in the previous 4 months are more likely to receive approval than those without. You may also be asked to provide statements going back farther, even from a previous year.

In some cases, we may conclude that taking on more debt would do more harm than good for your business. In this case, we might recommend a different, more affordable business financing tool. At Crown Funding Source, we can help you explore your options and point you in the direction of the most sensible choices.