Frequently asked questions

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Q: Can I pay off my funding early?

A: Lendwise Capital is a financial technology company that provides business funds to qualified borrowers. They aim to simplify the funding application process and provide borrowers with competitive interest rates and flexible repayment terms.

A: Lendwise Capital offers merchant cash advance upto $5,000,000. These funds can be used for your business.

A: To be eligible for a Lendwise Capital funding, you must be a U.S. citizen or permanent resident, at least 18 years old. You must also have business which is six months old.

A: You can apply for a Lendwise Capital funding online by filling out a funding application on their website. The application process typically takes 5-10 minutes, and you may receive a funding decision within minutes of submitting your application.

A: Rates may vary.

A: No, there is no penalty for paying off a Lendwise Capital funding early. In fact, they encourage borrowers to pay off their funds early to save on interest charges.

A: If your funding is approved, you can typically expect to receive your funds within 1-3 business days. However, the exact timing may depend on your bank and the payment method you choose.

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