Brooklyn runs on small operators, from storefronts to studios to waterfront shops. If your credit took a hit but the business is working, we start with FICO 500 and your statements.
Apply Now →Brooklyn is Kings County, at the southwestern tip of Long Island. Its working history is on the water and in the factories: piers and factories ran along the waterfront from Gowanus to Greenpoint, the Navy Yard sat in Wallabout Bay, and Bushwick was once known for its breweries. Today the same buildings house a different mix of owners: restaurants, creative studios, small manufacturers, retail and trades businesses.
What has not changed is that most of those owners carry the business on their own backs, and their personal credit shows it.
Food and labor costs arrive weekly. A slow stretch, a kitchen repair or a lease renewal can use up cash fast, and a card balance carries the difference.
Project work often pays on completion or on net-30 to net-60 invoices. Rent and contractors do not wait. Funding can cover the span between finishing a project and being paid for it.
Raw materials, a new machine or an equipment repair all need cash before the product sells.
Materials go out first, invoices go out later, and payroll runs in between.
We consider applicants with a FICO score of 500 or higher. The credit pull is soft. Instead of tax returns, we ask for about three months of business bank statements, and the application takes about five minutes. If you are a sole proprietor, you can apply as one.
The statements tell us whether money is moving through the account steadily. That is a better indicator of a business's current health than a score shaped by a hard year.
For illustration only, and not our terms or rates: a Brooklyn print shop's main press fails on the 5th. Replacement costs $40,000. Regular monthly revenue still arrives, but not enough to absorb a $40,000 hit and rent on the 1st. The owner can wait for savings to rebuild, finance through a credit card at a high balance, or request working capital sized to the purchase.
Funding runs from $25,000 to $5,000,000, and approved businesses can be funded in as little as 24 hours. That timeline is the point: a press that sits idle for three weeks costs more than the delay in paperwork.
Then start at the application. It is short, and checking does not add a hard inquiry.
Sole proprietors can apply. The review looks at about three months of business bank statements.
We consider FICO 500+ and read the overall pattern in the statements. Be upfront about anything unusual, and apply with the cleanest recent three months you have.
No. Tax returns are not required.
No. The application uses a soft credit pull.
$25,000 to $5,000,000.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
