Details

Breakout Capital  – A Unique Mix of Features With Each Intermediate-Term Loan

Get approved for up to $25,000 with 6 to 24 month terms and a daily, weekly or monthly repayment schedule. Breakout Capital focuses on customer service, transparency and responsible lending. It has a unique mix of features for each loan including graduation rates, benefits for paying early, no hidden/junk fees, no double dipping. You’ll get great support from their team through the entire funding process.

Additional Details

Cost
1.12x – 1.4x factor rate

Repayment Duration
Daily, weekly or monthly payments for 6-24 months

Funding Amount
$5,250 to $200,000

Origination Fee
2.5%

Funding Speed
1 – 2 days

Repayment Example
$20,000 (loaned amount) x 1.25 (factor rate) = $25,000 (total repayment)

Recommended Requirements to Know

Annual Revenue
$120,000 or higher

Personal Credit Score
600 or higher

Months In Business
Minimum 12 months

Business Bankruptcy
No open bankruptcies

Personal Bankruptcy
No open bankruptcy on your personal credit report.

Legal Entity
Corporation or LLC

State
Check for availability in your state with lender

Pros

A term no that works with lower credit scores. Amount to payback is fixed, avoiding an established interest rate that can accrue through the loan’s life. Discounted rate for early payoff.

Cons

Interest rate can be higher than comparable offers and there is potential for daily repayment terms.

Main Point:

If you are working on repairing your credit, this option can work when compared to costly cash advanced financing.

Get the financing you need

Apply Now