Will applying affect my credit score? +
No. Submitting an application only triggers a soft credit inquiry, which does not impact your credit score. A hard pull only happens later if you choose to move forward with a specific offer from a lender.
How fast can I get funded? +
Many clients receive an approval decision in as little as 4 hours and funds in as little as 24 hours after accepting an offer, depending on the product and documentation provided.
How much funding can I qualify for? +
Offers commonly range from $10,000 up to $1.5 million (and higher for SBA programs), based on time in business, revenue, cash flow, and the funding product. Apply to see your personalized options.
What do I need to apply? +
Generally a U.S.-based business, a business checking account, and a few months of recent bank statements. Requirements vary by product — your Capital Specialist will tell you exactly what's needed for your specific situation.
Are there any application fees? +
None. Applying with Elevator Advance is completely free and comes with no obligation to accept any offer presented to you.
What types of businesses do you work with? +
We work with most U.S.-based businesses across all industries — restaurants, retail, construction, logistics, medical, professional services, and more. Generally we look for businesses with at least a few months of operating history and consistent revenue.
What if I have bad credit? +
We look at the full picture — not just your score. Many of our 40+ lending partners specialize in businesses with challenged or limited credit history. We also offer a credit repair program to help you qualify for better terms over time.
Is my information secure? +
Yes. All applications are secured with 256-bit encryption. We never sell your information to third parties. Your data is used solely to match you with appropriate lenders in our network.
Can I get funding if I was denied by a bank? +
Absolutely. Many of our clients came to us after bank denials. Traditional banks have rigid criteria — our private lending network is far more flexible and looks at your business holistically.
How is Elevator Advance different from a bank? +
We're not a lender — we're a funding hub. We submit your single application to 40+ competing lenders and bring you the best offers available. Banks make you apply one at a time. We do the work for you.
