FundingOverview
Many Lenders, One Place to Start
We work with a wide range of lenders and funders to find the best funding solution for your business, from same-day funding to a line of credit, term loan or SBA loan.
Velo is a commercial financing broker, not a lender. Funding is provided by third-party lenders and funders, subject to their approval; timing varies.
Funding Options
- Same-Day Business Funding(Done)
- Business Line of Credit(Done)
- Term & Equipment Financing(Done)
- Your advisor walks you through each(In progress)
Illustrative example.
Options8 options
Every Option at a Glance
Pick an option to see how it works and who it fits.
Questions, Answered
Same-day business funding is fast working capital for businesses with steady revenue. We shop your request across a wide range of funders and walk you through their offers. Funders typically structure it as a purchase of a portion of your future receivables rather than a loan: the funder pays you upfront and receives an agreed percentage of your receivables as you collect them, without charging interest. Funding is subject to approval and timing varies: funds can arrive as soon as same day after approval and signing.
A loan is borrowed money repaid with interest on a fixed schedule. Same-day business funding is typically structured by the funder as a sale of future receivables: there's no interest, and the cost is a fixed amount set out in the funder's agreement and in the disclosure you receive before signing.
Lenders and funders look at time in business, monthly deposits, industry, existing financing and credit history, which is one factor among several. We match your file with the ones whose criteria fit. Typical minimums are 1+ year in business and $20,000+ in monthly deposits; meeting them doesn't guarantee approval. Not every business qualifies.
No. Velo is not affiliated with or endorsed by the U.S. Small Business Administration or any government agency. SBA loans are made by SBA-participating lenders.