Short-Term Business Funding
Bad credit? No problem.
Built for businesses with bad or no credit. Approval is based on your revenue, not your credit score. 3-month unsecured loans from $3,000 to $20,000, paid back in 6 payments, every week.
- No collateral
- Approval based on revenue, not credit score
- Funds can be wired within 24 hours of approval
Funding amounts
How much can your business get?
Pick your average monthly revenue. Tap Learn more to see the fee, total payback and estimated weekly payment.
Standard fixed fee 29.99% fixed fee for the whole 3 months; as low as 25.99% fixed fee when you process your card payments with Davrypay. All payments shown are estimates.
How it works
From application to funds, fast
- 1Apply onlineAbout 3 minutes: business name, EIN, addresses, your contact details and monthly revenue. No collateral.
- 2A funding officer calls youWe go over your needs and tell you which documents to send (usually 3 months of bank statements and ID). See the list.
- 3Sign electronicallyYou get your funding agreement by email and sign it online through DocuSign.
- 4Get fundedFunds can be wired within 24 hours of approval.
Save on your funding
Lower your funding rate: switch your card processing to Davrypay
Businesses that process their card payments with Davrypay get a lower funding fee: as low as 25.99% fixed fee, instead of 29.99% fixed fee.
- Same or lower processing rates. We match or beat your current statement, so switching costs you nothing extra.
- Send us your recent card processing statement and we’ll match it. You can email it after you apply.
- 1-year processing agreement. The lower funding rate requires processing your card payments with Davrypay for 12 months. Card processing on its own has no contract.
- Free virtual terminal and modern card machines, with real local support.
Applying for card processing is separate from your funding application. Send your statement after you apply and we’ll match or beat it. Rate match is based on the statement you provide; terms are in your processing agreement.
Questions
Can I apply with bad or no credit?
Yes. Davrypay funding is built for businesses with bad or no credit. Approval is based on your business’s revenue and bank statements, not your credit score. Every application is subject to approval and verification.
How fast can I get the money?
Once you’re approved and you’ve signed your agreement (by email, through DocuSign), funds can be wired within 24 hours. Your bank may take extra time to post the wire.
How do the payments work?
The funding is for 3 months. A fixed fee is added once to the amount you borrow, and the total is split into 12 equal payments, one every week. Example: $3,000 at a 29.99% fixed fee = $3,899.70 total, about $324.98 every week.
Do I need collateral?
No. This is unsecured business funding.
What will I need to send?
Usually 3 months of business bank statements, a photo ID, your EIN letter and, if you take cards, recent processing statements. Full list.
Ready to apply?
It takes about 2 minutes. A funding officer will call you shortly after.