Kapitus business loans review

Kapitus rates, fees and terms

Kapitus's business loans come with rates Starting at 6.25% APR, though it's unclear if this includes any fees. While you can borrow up to $5 million through its business loan program, it also doesn't disclose a range of repayment terms.

Use our calculator to see how much a Kapitus business loan might cost you based on different rates, terms and loan amounts.

How Kapitus compares to other providers

See how other similar business loan providers stand up to this online lender.

★★★★★

Finder Rating: 4.6 / 5

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Loan amount $100 to $200
APR Starting at 6.25%
Loan term 4 to 8 months
Requirements 2+ years in business, $250,000+ annual revenue

★★★★★

Finder Rating: 4.75 / 5

Check eligibility
Loan amount $500 to $5,000,000
APR Starting at 6%
Loan term 12 to 300 months
Requirements Operate business in US or Canada, have a business bank account, 560+ personal credit score

★★★★★

Finder Rating: 4.5 / 5

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Loan amount $5,000 to $500,000
APR 12.15% to 29.97%
Loan term 12 to 60 months
Requirements 12+ months in business, $50,000+ in annual sales, no bankruptcies or tax liens, at least 20% ownership of the business, fair personal credit score or better

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Kapitus reviews and complaints

Kapitus gets mixed online reviews. Many reviewers are happy with the quality of customer service, often naming the person who helped them with their loan application.

But several complain that it was impossible to defer their loans during COVID-19. A few others also said that Kapitus made unauthorized withdrawals from their business bank accounts.

How to qualify

You must meet the following requirements at a minimum to qualify for a business loan from Kapitus:

• Personal credit score of at least 625
• Two years or more in business
• Average annual revenue of $250,000 or more

Other products available through Kapitus may have different requirements. For example, you only need six months in business to qualify for invoice factoring.

How the application works

You can apply for a Kapitus business loan online or over the phone.

1. Get matched with a product that best suits your business when you apply. You don't have to apply for any specific loan.
2. Submit the application with three to six months of bank statements, last year's tax return and three business references.
3. Accept or decline the offer sent to you in as little as four hours.
4. Receive funds within 24 hours of submitting your documents.

Read your loan contract to get information about how often and when your payments are due. While it doesn't offer specifics on its website about how often you have to make repayments, customers often mention making weekly repayments the in online reviews.

What sets it apart

Kapitus has made so many changes over the past few years that it's hard to say what to expect from this lender. In early 2020, I had a hard time getting basic information about its business loans.

When I tried calling its customer service line, they kept transferring me to different representatives. And when I was finally put in touch with someone claiming to be able to help me, they wouldn’t disclose even the most basic information about general ranges of loan amounts.

Now its website appears to be more transparent about loan amounts, costs and requirements. But it hasn't been consistently transparent and it's possible that this will change again.

Want to know about your other choices? Compare more options by reading our guide to business loans.

Compare more options

Use this table to see how Kapitus stands up to other online lenders that are more transparent about what they have to offer.

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Name	Product	Filter Values	Loan amount	APR	Requirements
Fora Financial business loans Finder Rating: 4.1 / 5: ★★★★★			$5,000 – $500,000	Varies	6+ months in business, $12,000+ monthly revenue, no open bankruptcies	Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.	Go to site More Info	Compare	loading Fetching your data…
Lendio business loans Finder Rating: 4.75 / 5: ★★★★★			$500 – $5,000,000	Starting at 6%	Operate business in US or Canada, have a business bank account, 560+ personal credit score	Submit one simple application to potentially get offers from a network of over 300 legit business lenders.	Go to site More Info	Compare	loading Fetching your data…
National Funding business loans Finder Rating: 4.75 / 5: ★★★★★			$5,000 – $500,000	4% to 8%	Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.	Working capital loans and equipment financing, some high-risk industries may be eligible.	Go to site More Info	Compare	loading Fetching your data…
Fundbox lines of credit Finder Rating: 4.2 / 5: ★★★★★			$1,000 – $150,000	Not stated	6 + months in business, $100,000+ in annual revenue, 600+ credit score	Get flat rate, short-term financing based on the financial health of your business, not your credit score.	Go to site More Info	Compare	loading Fetching your data…
Bitty Advance business cash advances Finder Rating: 2.8 / 5: ★★★★★			$2,000 – $25,000	Not applicable	$5,000 monthly bank revenue, 6+ months in business, business bank account open 3+ months, 450+ credit score	With APRs in the triple digits, this is best saved as a last resort.	Go to site More Info	Compare	loading Fetching your data…

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