FAQ
Frequently asked
questions.
Everything you need to know before applying. Still have questions? Reach out.
Will applying hurt my credit?↓
No. We run a soft inquiry to pre-qualify you — invisible to other lenders and no impact to your FICO. A hard pull only happens if you accept a final offer and we move to fund.
How fast is funding?↓
Most approved deals fund the same business day via ACH to your business bank account. If your statements are in by 11am ET, money is typically in your account before close. Worst case is next-day ACH.
What if my credit isn't great?↓
We underwrite the business, not just the FICO. Strong monthly revenue and clean recent bank activity matter more than your personal score. We've funded operators in the 500s.
What does it cost?↓
Pricing depends on revenue, time in business, and term length. No application fees, no junk fees, no prepayment penalties. You'll see the full payback amount in writing before you sign — no surprises.
Are you a broker?↓
No. Payday Capital Corp is a direct alternative lender. Your file is never shopped to a marketplace of funders, and your information is never sold. One application, one decision-maker.
What documents do I need?↓
Three most recent business bank statements and a one-page application. That's it. No tax returns, no business plans, and no collateral docs for most deals under $250K.
How much can I get?↓
Most deals range from $10,000 to $500,000 based on monthly revenue, time in business, and deposit consistency. Larger facilities are available for established operators.
Is my data secure?↓
Yes. We use 256-bit AES encryption and SOC 2 Type II controls. Bank statements are reviewed by our underwriters — your credentials are never stored.