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FAQ

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  • How much working capital can I receive?
    We provide working capital for small businesses with as little as $5,000 and all the way up to $2,000,000.
  • I have a low credit score. Can I still qualify?
    Of course! We know your business’s credit score doesn’t always tell the whole story. That’s why we don't make any score effecting credit inquiries and our approvals are based on more than just your credit worthiness. We look at the overall health and potential of your business, including: Business revenue Cash flow Vendor payment history Years in business Public records
  • Where do you fund small businesses?
    We fund businesses in the United States, including all 50 U.S. States. We currently do not offer our services to any businesses operating outside of the U.S.
  • How fast can I receive the funds for my business?
    Our application process is built around an in-house communication center that gives our Funding Advisors and underwriters instant access to the information they need to approve your business. Your funding can be approved in as little as 2-5 business hours, with working capital available in as little as one business day.
  • What information do you need from me to apply?
    The information we need typically depends on the funding amount you are applying for. We may need: Business bank statements for the last 3 months A completed Application Emailed or faxed photocopy of your driver’s license
  • If I need additional funding, can I apply for another cash advance?
    Yes. Once you have repaid at least 50% of your original cash advance, you are eligible to apply for another cash advance called a renewal. In most cases, Barclays Advance will also look to increase the amount of the advance you are eligible to receive.
  • Do you fund startups?
    Unfortunately, we do not fund startups. To qualify for funding with Barclays Advance, your business must be in operation for at least 3 months.
  • Are there restrictions on the use of the working capital received?
    No. We trust that small business owners know best how to use their funding, so we don’t restrict how you use your funds.
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