Streamlined and paperless, our quick online processing saves time so you can stay focused on your business. From initial form to future funding needs, your dedicated loan officer is here to help you and your business. Meet some of the entrepreneurs who have used SnapCap loans to support and grow their businesses.
The response to my online application was prompt and courteous. This was a totally new way to obtain capital for me and when I needed it in a hurry to to advance my business, SnapCap was there. Ben W. from Snapcap was professional, followed up and worked our loan through in just a few days. My experience was great.
The response to my online application was prompt and courteous. This was a totally new way to obtain capital for me and when I needed it in a hurry to to advance my business, SnapCap was there. Ben W. from Snapcap was professional, followed up and worked our loan through in just a few days. My experience was great.
Services
SnapCap was built on the idea that business lending should not be complicated. Our technology streamlines the process while our team builds relationships to help you through it. We're committed to helping small businesses find the funds they need. We want this process to be easy and hassle free, which is why you won't be required to fill out mountains of paperwork just to qualify.
An unsecured loan, sometimes referred to as a signature loan or a merchant loan, is a special type of financing available to business that is different from traditional lending. Instead of requiring collateral to obtain financing, unsecured lending uses several other factors to judge the eligibility of a loan applicant.
SnapCap's small business loans can cover every aspect of your enterprise. Meet your business goals with flexible funding options you can't find anywhere else. We move quickly and work directly with you to find solutions that keep your business moving. The preferred method of financing for many businesses, an unsecured business loan does not require collateral and has higher approval rates.
Working capital is typically used as a financial metric to determine the financial health of a business by evaluating current assets and liabilities. An asset is any item that can quickly be converted to cash, while liabilities are short-term obligations due within one year. All businesses need access to working capital - it's crucial for continued operation.
If demand spikes for something your business provides, do you have the working capital to keep it stocked? That's essentially what an inventory loan enables. Whether it's acquiring more inventory, or the materials to create it yourself, an inventory loan can help you meet the demands of your customers.
Reviews (21)
R. N.
Mar 21, 2021
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The website has been changes since the my 1st visits to it.
Is it really possible to give less than one star, so that others can be warned?
Be warned collecting personal information can lead to lots of problems.
They state that want to help small business. Check for licensing in your state they may not be allowed to lend to you.
I was treated coldly, with no regards to reality of customer service.
Best of Luck.
P.S. ONE OF THE REP'S FROM THE COMPANY CONTACTED ME TO CHANGE MY REVIEW, SO I ADDED THIS.
P.S.S.
Could someone please visit them to see if they are still in business, and
Is it really possible to give less than one star, so that others can be warned?
Be warned collecting personal information can lead to lots of problems.
They state that want to help small business. Check for licensing in your state they may not be allowed to lend to you.
I was treated coldly, with no regards to reality of customer service.
Best of Luck.
P.S. ONE OF THE REP'S FROM THE COMPANY CONTACTED ME TO CHANGE MY REVIEW, SO I ADDED THIS.
P.S.S.
Could someone please visit them to see if they are still in business, and
Steph Smith
Aug 30, 2020
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Very disappointing with the service provided by their executive accountant. He missed our initial phone appointment without apologizing nor providing a reason for not being available. Then after that, it took me 2 days of my time and effort to get back in contact with him. In that time, I made several calls and left a VM and emailed him. There was no return of a call nor a response to the email. I had to get another agent track him down after those 2 days. So when we finally spoke he said he would get back to me with pertinent information by the end of that day. And, as expected, he did not. So
Jonathan C.
Oct 22, 2019
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D. Maney
Jul 19, 2019
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Very disappointed in my experience with SnapCap. I talked with Andrew very nice person, told me should have an answer in 2 days. 4 days later I had to follow up with him. OH he was missing a piece of information. Why didn't he call me and tell me? Anyway 4 or 5 days after that I get a canned email saying they would not be able to help me. I called Andrew 4 different times over 2 days to find out why with no answer. He always answered immediately when we were in the sales mode. They wasted a week and a half of my time waiting for them now I have to start all over with someone else. Very disappointing
Holly Entwistle
Nov 20, 2018
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Brian Janiak was on point and very helpful and in communication every step of the way through the process. The underwriters were great and patient when we had issues trying to E verify our banking. Very pleased with the customer service we received. Anyone looking for lending or their business I will surely send them to Snapcap.
Jenny Sullivan
Oct 10, 2018
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Crypto World Daily News
Aug 12, 2018
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They claimed to have a quick process...but no it wasn't. I called them and asked them (pointblank) if they use outside brokers and/or forward your contact info to them..."oh, no we'd never do that" They had the "Lend Tree" name next to their logo so I trust them. Around 2.5. days later and after sending them extensive banking info, I get a call from "Kabbage" who drops the Snap Cap name. I stop the guy and say "who are you and how did you get my name?" Of course, "Snap Cap" comes back as their "partner." Of course, they are just an independent broker that got paid for my lead and "Yes Snap Cap
Rinea Blanchard
Aug 01, 2018
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John D.
Jul 26, 2018
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Christopher Wireman
Jun 06, 2018
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Aaron C.
Apr 30, 2018
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They WILL run your credit. IGNORE THE NICE PEOPLE on the phone saying that your credit will not be pulled or it will only be a soft-pull. They WILL arrange a hard credit inquiry. I saw one person write this on yelp, but ignored their warning and sure enough a credit inquiry went on my personal credit.
2DOLLAR CAPITAL LLC is the name of the company who will run the credit pull, the previous name of Forward Funding, and Forward Funding works with SnapCap.
Go to StreetShares for your loan, they are more honest people and betters loans.
2DOLLAR CAPITAL LLC is the name of the company who will run the credit pull, the previous name of Forward Funding, and Forward Funding works with SnapCap.
Go to StreetShares for your loan, they are more honest people and betters loans.
Kim Nicholas
Jan 16, 2018
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Entire process was quick and efficient and easy. It didn't take much in the way of paperwork and the various personnel involved in the process are very knowledgeable and quick to respond. It took me a while to understand the numbers but they were patient and made sure I understood before we proceeded. This is the first business loan I have ever taken out but they made it a pleasure. Would definitely recommend SnapCap.
Brian Blaney
Oct 06, 2017
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Quickly and Professionally: That's my 1st thoughts when reviewing their attention to our business requirements. Kyle's politeness facilitated
a good olde fashioned style; gentlemen discussing and agreeing with one another. A rare opportunity to remember that kinda service! I can heartily
recommend SnapCap. ☆☆☆☆☆
a good olde fashioned style; gentlemen discussing and agreeing with one another. A rare opportunity to remember that kinda service! I can heartily
recommend SnapCap. ☆☆☆☆☆
ChartSquad Llc
Aug 11, 2017
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Avi S.
Jun 14, 2017
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Em F.
Mar 25, 2017
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David T.
Jan 11, 2017
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S. W.
Sep 15, 2016
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Immediately after posting my review, I was contacted by two representatives of SnapCap who expressed regret and offered an explanation about how the process could have gone awry. My nonprofit organization was finally provided a declination letter, and although we are still unsure as to the specific reasons for the declination (since we qualified under the stated financial requirements), the subsequent customer service efforts and communication were appreciated.
Given the response, I'm optimistic SnapCap is committed to improving customer service and will see its ratings rise accordingly
Given the response, I'm optimistic SnapCap is committed to improving customer service and will see its ratings rise accordingly
The B.
May 17, 2016
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We received 200K in 5 days, the exact amount we asked for. Ben W. from Snapcap was professional, followed up and worked our loan through in just a few days. We tried three others...didn't follow through with one and the other didn't work out... with much less to loan and a ridiculous amount of interest. One didn't even return my phone call.
My experience was great. My business partner was amazed.
My experience was great. My business partner was amazed.
Will S.
Mar 25, 2016
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I was appalled by the company's predatory loan practices, and had to write about it. As a company we have a good credit rating, we have dealt with secondary market lenders in the past. Kabbage, DealStruck, and so we got a call from SnapCap, we thought we would get a better offer. It was worst! Charging a company $9000 in interest for just 6 months is wrong, (they offered us $30,000 for $39,000) a $9000 payback? Seriously? No one deserves to be treated like that. This Company will hurt small businesses, instead of helping them, and I will report them to South Carolina State Attorneys Office
Jay N.
Aug 26, 2015
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When I cam across SnapCap I was impressed with their niche in the marketplace and was impressed with the rep I dealt with. He seemed professional and courteous. I was quick to handover my bank accounts and personal information after researching the company and he stated that the business loan I needed was very doable. I sent my information to him within the hour. He said he would have an answer for me by the end of the day. I still have not heard from him on an underwriting decision. He did however try to recommend another lender and sent me an email inviting me to apply for a loan with Cabbage
