FAQs.
Explore FAQs about New Capital Funding Group.
Frequently Asked Questions
If you need business funding, these FAQs will provide insights into our company and the funding solutions we offer.
Still Have Questions?
Contact us by phone at (000) 000-0000 during our regular hours: Monday to Friday, 7:00 a.m. to 4:00 p.m., or through our online form.
New Capital Funding Group is an independently owned and operated non-bank lender based in Southern California that offers working capital loans and business lines of credit to eligible businesses nationwide.
New Capital Funding Group offers working capital loans from $10,000 to $10 million and business credit lines from $10,000 to $275,000 to businesses that meet our borrowing qualifications.
To qualify for a working capital loan from New Capital Funding Group, your eligible business needs to be operating for at least six months and generate $200,000 or more in annual revenue. Also, you must have a credit score of 500 or higher and provide three months of business bank statements. These are the main borrowing criteria, but other factors will also be considered during the application process.
To qualify for a business line of credit from New Capital Funding Group, your eligible business needs to be operating for at least one year and generate $400,000 or more in annual revenue. Also, you must have a credit score of 630 or higher and provide three months of business bank statements. These are the main borrowing criteria, but other factors will also be considered during the application process.
New Capital Funding Group makes it easy for you to apply for business funding. Our user-friendly online application asks for basic information about you and your business, and collateral is not required.
If you submit your business funding application during our regular hours, which are Monday through Friday from 7:00 a.m. to 4:00 p.m. Pacific Standard Time (PST), you could receive a credit decision in as little as one hour. However, if you submit your application outside of these hours, you will receive a credit decision on the next business day.
New Capital Funding Group offers working capital loans and business lines of credit that can be approved and funded on the same day the application is submitted, up to certain amounts. Our quick turnaround time is a huge advantage if your business needs immediate funding.
New Capital Funding Group offers a simplified application process, more lenient approval criteria, and quicker access to funding. In contrast, traditional lenders often require extensive paperwork (and possibly collateral), higher credit scores, consistent annual revenue, and may take days or longer to provide funding.