- This offer is provided by Snap Funding Inc from any Affiliate Lenders ("we", "us", or "our"). Snap Funding™ loans are issued by both direct and affiliate lender options. To be eligible for the services associated with Snap Funding , you must 1) apply and be approved for a Snap Funding line of credit, MCA - merchant cash advance , SBA - small business advance , equipment financing or any other financing through SNAP FUNDING INC. or SNAPP CREDIT. 2) add and verify your designated business bank account (hereafter defined as "Funding primary account") Funding primary account you've successfully linked to Snap Funding within 30 calendar days from the date the account is verified. Limit one offer per new Snap Funding account. These services (i) is not available to non-existing Snap Funding customers, (ii) is non-transferable, and (iii) cannot be combined with any other offer non-permitted by Snap Funding Inc. We reserve the right to deny or revoke services at any time. You may not receive additional funding or sevices if we determine in our sole discretion that your account is not in good standing, has a disconnected bank account, and/or you have engaged in abuse, misuse, fraudulent activity, or gaming in connection with the offer in any way or that you intend to do so. We may also cancel your Snap Funding Inc account and other accounts you may have with us. You are responsible for any federal or state taxes resulting from the funding received if profits are earned. If you have any questions regarding this offer, please.
- Snap Funding Inc™ offers access to a commercial line of credit ranging from $2,000 to $250,000; however, you may be eligible for a larger line of credit based on our evaluation of your business. Each draw on the line of credit will result in a separate installment loan. All loans are subject to credit approval and are secured by business assets. Every loan requires a personal guarantee. Total monthly fees incurred over the loan term range from 2-29% for 6-month loans, 7.5-38% for 12-month loans, 15.75-50% for 18 month loans, and are subject to change for future loans drawn under the available line of credit. Loans incur a loan fee for each month you have an outstanding balance. Not all customers will be eligible for the lowest fee. Not all loan term lengths are available to all customers. Eligibility is based on creditworthiness and other factors. Not all industries are eligible for Snap Funding. Pricing and line of credit decisions are based on the overall financial profile of you and your business, including history with financial institutions, credit history, and other factors. Lines of credit are subject to periodic review and may change or be suspended, accompanied with or without an account closure. Late fees may be assessed. Loans are issued by Direct and affiliat.
- If eligible, you can be approved in minutes for a line of credit from $2,000 to $250,000 when we are able to automatically obtain your business data and verify your bank account. If a manual review is required, it will take longer to provide you with a decision.
- Not all loan term lengths are available to all customers. Customers can view their available term lengths after qualification.
- The information provided Snap Funding Inc. does not constitute legal, tax, financial or accounting advice, and should not be considered a substitute for obtaining competent personalized advice from a licensed professional. You should seek professional advice before making any decision that could affect the financial health of your business.
Snap Funding Inc™, Snap Funding™, Snapp Credit™ are trademarks of Snap Funding Inc.
Deposit accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to at least $250,000 per depositor. Coverage amounts vary based on factors such as account ownership, beneficiaries, and number of accounts with the same institution. For additional information, you may visit the FDIC website at www.fdic.gov