NOVAE'S BUSINESS FUNDING PROGRAM
Novae offers funding for businesses in ALL 50 STATES NATIONWIDE!
** 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 This email address is being protected from spambots. You need JavaScript enabled to view it..
Submitted an application? Check your Status
* Not yet available for Business StartUp Funding
* Not yet available for Business StartUp Funding
Business Cash Advance
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: | $5,000/mo |
| Funding Range: | up to $10 Million |
Business Term Loans
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 |
Business Line of Credit
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 |
Invoice Factoring
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 |
Business StartUp Funding
Novae offers Unsecured Business Funding & Small Business Loans
| Min Credit Score: | 680+ |
| Min Time in Business: | NONE |
| Min Monthly Rev: | 0 to $4k |
| Funding Range: | up to $150,000 |
Get Started
Commercial Real Estate Loans
Property Types offered: Retail, Mixed Use, Industrial, Warehouse, Multi-family, and SFR 1-4
Must own personal residence
Must own personal residence
| Min Credit Score: | 660+ |
| Funding Range: | up to $150 Million |
Equipment Financing
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 |
Rapid SBA
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 |
CDFI Term Loans
Funding for Underserved Communities - including business owners of color, low-income owners, and women.
| Min Credit Score: | 580+ |
| Min Time in Business: | 3+ months |
| Min Monthly Rev: | $6,000/mo |
| Funding Range: | up to $100,000 |
Get Started
Lender has currently paused this program.
* If you are close to the above requirements, some exceptions can be made. Some funding types accept co-signers.