What is Fast Forward Funding?
We’re an independently owned and operated firm that connects business owners in the United States with fast, reliable growth capital solutions.
What funding options does Fast Forward Funding offer?
Fast Forward Funding offers working capital loans from $10,000 to $5 million and business credit lines from $10,000 to $250,000 to qualified businesses.
What are the borrowing requirements for a working capital loan?
To qualify for a working capital loan from Fast Forward Funding, an eligible business must be operating for at least six months, be in good standing with the Secretary of State, and earn $200,000 or more in annual revenue. In addition, a credit score of 500 or higher is required.
What are the borrowing requirements for a business line of credit?
To qualify for a business line of credit from Fast Forward Funding, an eligible business must be operating for at least one year, be in good standing with the Secretary of State, and earn $400,000 or more in annual revenue. In addition, a credit score of 630 or higher is required.
What are the business industries that are not eligible for funding?
At Fast Forward Funding, our working capital loans and business credit lines are currently not available to businesses in the following industries or that sell these products:
What do I need to apply for business funding?
Fast Forward Funding makes applying for a working capital loan or business line of credit easy. Our online application asks for general information about you and your business, including bank statements.
Will I need to put up collateral?
No. The working capital loans and business lines of credit we offer at Fast Forward Funding are unsecured. This means they do not require you to put up collateral such as property, vehicles, or personal goods such as jewelry or collectible fine art when you apply.
What interest rates and repayment terms are offered?
Every business’s financial situation is unique, so there is no one-size-fits-all rate and term. That said, Fast Forward Funding offers working capital loans and business credit lines with favorable interest rates. When determining interest rates, we look at various factors, including the amount of funding requested, credit score, payment history, and debt-to-income ratio.
How fast can I receive business funding?
At Fast Forward Funding, our name conveys what we offer. When you apply for a working capital loan or business line of credit, you will receive a credit decision in as little as one hour during our regular hours. If your application is approved and we have all the necessary information and documentation, you can expect to receive funding in as little as 48 hours. In many cases, same-day funding is available.
What can I use my working capital loan for?
You can use a working capital loan from Fast Forward Funding to cover day-to-day operational expenses, invest in inventory, manage short-term liabilities, fund marketing campaigns, pay employees, or support seasonal fluctuations in cash flow. Simply put, you can use the loan for most business needs.
What can I use my business line of credit for?
A business line of credit from Fast Forward Funding can be used for most business needs. It is an excellent option if you need immediate funding for inventory, supplies, or payroll or if your business experiences revenue fluctuations or unexpected expenses.