Solar Capital Group is a Small Business Direct Lender that helps business owners access working capital. Solar Capital Group has delivered over $100 million to small businesses like yours nationwide.
Your business can receive an offer for funding usually the same day.
You can use your funding for any business purpose. This means any expense that will help you grow and sustain your business. Some Examples include:
We only do a soft inquiry when you apply for financing unless your credit file is restricted, in which case we would contact you to lift the restriction. This may result in a hard credit pull, which can temporarily affect your credit score.
While many lenders focus solely on personal credit scores and available collateral, Solar Capital Group factors in data such as your business’s cash flow and what the funds will be used for. This enables us to approve businesses that may have trouble getting financing elsewhere.
No. There is no cost to apply and no obligation to accept.
If approved, the loan is transferred by the lender directly into your business account. Funding can be as fast as the next business day if documents are in and the loan is approved by 5 P.M. ET, Monday through Friday (excluding bank holidays).
Approval for a working capital loan from Solar Capital Group is based on more than just your business’s credit score. We take into account multiple factors, including:
We fund businesses in most industries, including high risk industries. This includes attorneys, dental practices, medical practices, automotive dealers, construction companies, restaurants, retailers, manufacturers, gas stations, dry cleaners, pharmacies, business services, and more.
Sure! Just give us a call at 1-888-445-1028 and one of our team members will help you out.
Start by learning more about our ISO program. If you’re interested in becoming an ISO partner, call us at 1 (888) 445-1028, or fill out an application online.
Yes. Once you have repaid 50% of your original cash advance, you are eligible to apply for another cash advance called a renewal. In most cases, Solar Capital Group will also increase the amount of the advance you are eligible to receive.
Yes, we do offer funding that operates very similar to a business lines of credit, called a merchant cash advance. With a merchant cash advance, businesses can draw less than the full amount approved, then request more as needed so long as the health of the business remains unchanged or improves.
No. We trust that small business owners know best how to use their funding, so we don’t restrict how you use your funds.
We fund businesses in the United States, including the U.S. territories of American Samoa, Guam, Northern Mariana Islands, Puerto Rico and the U.S Virgin Islands. We also fund in Canada (except for the Saskatchewan).
We provide working capital loans from as low as $5,000 up to 1 Million.
Of course! At Solar Capital Group, we know your business’s credit score doesn’t always tell the whole story. That’s why our approvals are based on more than just your credit score. We look at the overall health and potential of your business, including:
You can apply in minutes online. You can see our full funding application here solarcapitalgroup.com/application. If you have questions before completing the application, you can call us at 516-464-6300.
Our U.S. based funding advisors are ready to answer your call Monday to Friday from 8am to 9pm ET