CAN Capital Business Loan Review: We Did The Research
CAN Capital offers Small Business Loans and Working Capital Loans. According to the company’s website, cancapital.com, CAN Capital, Inc. makes capital available to businesses through business loans made by WebBank. The company is headquartered at 1850 Parkway Place, Suite 1150, Marietta, GA 30067 and can be reached at 877-550-4731.
CAN Capital Business Loans Pros and Cons
Unitedcapitalsource.com conducted a review on Can Capital Business Loans. According to this review, CAN Capital has an application process that is quick and easy with lower borrower qualifications than many other lenders and the company is willing to work with borrowers with bad credit as well as businesses with debt. The company also offers a quick turnaround time on funding. On a negative note, CAN Capital has high rates with short repayment terms and borrowing amounts cap out at $250,000. CAN Capital’s underwriting process is also different from other alternative lenders. There’s more of a focus on underwriting at the later stages of the application process, leading to a higher denial rate on applications. The daily or weekly payment schedule also presents a challenge for some small businesses. Information from this review was obtained on September 2, 2023.
CAN Capital Business Loan Cost
According to a review conducted by business.org, CAN Capital does not publish their interest rates on their official website. CAN Capital does charge a 3% origination fee on its term loans. Information from this review was obtained on September 2, 2023.
BBB: CAN Capital Review
The Better Business Bureau is a nonprofit organization that collects and provides free business reviews to consumers and businesses in the US and Canada. You can visit the Better Business Bureau website to view the full CAN Capital review. As of September 2, 2023, CAN Capital
received a 1 out of 5 stars for a total of 2 customer reviews.
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