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Founded: 2009

Location: 12100 Wilshire Blvd #1750, Los Angeles, CA 90025-7101

Website: www.currencycap.com

Our Review:

Overview: Currency Capital provides a variety of business financing options. Services include business loans, equipment financing, equipment leasing and working capital. The company offers competitive interest rates and 100 percent financing services.

Loan/Cash Advance Amount $5K – $2M
Minimum monthly revenue 75,000 per year
Time in business 6 months
Minimum credit score 585
Repayment terms 12-60 months

Key Features:

  • Designated specifically for equipment financing
  • Funding time ranges from same day to 2 weeks
  • Good option for businesses that need working capital to purchase large equipment
  • Platform serves as a marketplace of lenders
  • Lenders have their own specific lending specialties and credit requirements
  • Minimum requirements require a personal credit score of at least 585
  • Must be in business six months and earn $75,000 in annualized revenue
  • Funds released on the same day or up to two weeks after application is accepted
  • Typically takes 72 hours from the time of application to fund a loan

Consider if:

  • Seeking equipment financing
  • Looking for a more and new convenient approach to equipment financing
  • Seeking high lending amounts

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