Disclosure: Not affiliated with or endorsed by Spartan Capital; trademarks belong to their owners. This is our own research and opinion, not a statement of fact. CuraDebt may be compensated by companies referred to.
Eric Pemper Founder, CuraDebt · Est. 2001
Spartan Capital Business Loan Review: We Did The Research
Not sure whether to borrow or restructure? Take the 10-second check below.
What Is Spartan Capital?
Spartan Capital is an alternative small business funding company that, according to its own website, has served small businesses nationwide since 2016. Its offices are listed in New York, including a location at 30 Wall St and an office at 371 East Main St, Suite #2, and the company can be reached at 855-532-1969. Like many alternative funders, its core products include short-term business loans and merchant cash advances marketed as fast, flexible capital.
Spartan Capital is a lender, not a debt relief company. That distinction matters: it can help a healthy business access capital quickly, but that is a different tool from business debt relief if a company is already behind on existing obligations.
How The Funding Process Works
Like most alternative business funders, Spartan Capital's process is built around speed: a short application, a review of business bank statements and revenue, and an offer, with funding reported by some reviewers as arriving within hours to a few days once approved. Pricing structures for this category of lender vary by product and are frequently not published in full upfront.
Spartan Capital Reviews And Ratings
Spartan Capital's public reviews are mixed rather than uniformly positive or negative, which is worth stating plainly. Some reviewers describe fast funding and helpful representatives. Others describe pressure to sign quickly and a lack of upfront clarity on fees. The Better Business Bureau lists a B- grade tied to an unanswered complaint as of publication. Here is where the record stands across sources:
| Platform | Rating | Reviews | See recent |
|---|---|---|---|
| Trustpilot | Mixed, positive and critical reviews | Limited sample | View on Trustpilot |
| BBB | Grade B- | 1 complaint noted as unanswered | View on BBB |
| Independent lender review sites | Mixed, see profile | Editorial review | View on Independent |
Ratings and counts are approximate as of publication and change over time; click any platform to see the current score and most recent reviews.
Ratings and complaint counts on any platform change over time and reflect a limited business-level view, not a full audit. Read the most recent reviews directly on each platform, and get every fee and repayment term in writing, before deciding whether to move forward.
Borrowing Vs Settling: The Honest Angle
Here is the question most lender reviews skip. If your business is already behind on payments or carrying more debt than it can service, taking on a new loan or advance from a funder like Spartan Capital can add another payment on top of ones you cannot currently manage. New financing works best for a business that is healthy enough to put the capital to productive use and comfortably repay it.
If instead your business is struggling to keep up with what it already owes, comparing debt settlement or debt negotiation against the option of new financing is the more honest first step. Reviewing all of your debt relief options side by side can clarify which path actually fits your numbers.
Who Spartan Capital Fits
Spartan Capital may be a reasonable option for a business with steady revenue that needs fast capital for a specific, self-funding purpose and can comfortably handle the repayment schedule. Its speed is a genuine advantage for that situation.
It is generally not the right tool for a business already struggling to make existing payments, already carrying a merchant cash advance it cannot service, or borrowing mainly to cover obligations it cannot otherwise meet. In that case, a no-pressure comparison of restructuring or settlement is worth doing before signing anything new.
Frequently Asked Questions
Is Spartan Capital a legitimate company?
Yes, Spartan Capital appears to be a real, operating alternative business funder with offices in New York, in business since 2016 according to its own website. It carries a BBB profile with a B- grade tied to an unanswered complaint as of publication, and independent review sites report mixed feedback. As with any lender, read recent reviews and confirm terms directly.
What is Spartan Capital's BBB rating?
As of publication, Spartan Capital Group LLC holds a B- grade from the Better Business Bureau, related to a complaint the company had not responded to. BBB grades and complaint counts change over time, so check the current listing directly before deciding.
What does a loan or advance from Spartan Capital cost?
Full pricing is not published upfront on the company's own materials. Alternative funders in this category, including short-term loans and merchant cash advances, are generally more expensive than a traditional bank loan. Always request the total cost of capital, any factor rate, and the repayment schedule in writing before accepting an offer.
How fast can Spartan Capital fund a business?
Some reviewers report funding arriving within hours to a few days once approved, which is consistent with how most alternative funders in this space operate. Actual timing depends on your application, documentation, and the specific product.
Does Spartan Capital offer merchant cash advances?
Alternative funders in this category commonly offer both short-term loans and merchant cash advances. Confirm directly with the company which specific products apply to your situation and how each is structured before signing.
What are the common complaints about Spartan Capital?
Independent reviews describe a mix of experiences. Some reviewers cite fast funding and helpful representatives. Others describe pressure to sign quickly and a lack of upfront transparency on fees. Read the most recent reviews on each platform directly, since experiences and volumes can shift over time.
Should I take a loan from Spartan Capital if I'm already behind on business debt?
Generally, that is worth pausing on. Adding a new payment on top of debt you're already struggling to service tends to compound the problem. Comparing debt settlement or restructuring on your existing balances first is usually the more honest approach.
Is a business loan better than debt settlement for a struggling business?
It depends entirely on your situation. A loan is a growth tool suited to a business that can comfortably repay it. Debt settlement is built for a business that cannot keep up with what it already owes. They solve different problems, so comparing both against your actual numbers is the right first step.
How do I contact Spartan Capital?
The company lists 855-532-1969 as a contact number and maintains offices in New York, including locations at 30 Wall St and 371 East Main St, Suite #2. Confirm current contact details directly on the company's own website before sharing any sensitive information.
How Do I Compare My Business Debt Options Without Paying Anything?
Submit the quick form with your approximate business debt amount. It takes about a minute and there is no obligation. There is no cost to check available options, and there is no obligation to continue.
Related Resources
- How CuraDebt business debt relief works
- Compare all your debt relief options
- How to resolve merchant cash advance debt
- How the debt settlement program works
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