Term Loan
Fixed monthly payments on a lump sum, for something already costed.
- Amount
- Up to $1,000,000
- Term
- 12 – 36 months
- Cost
- From 5.5%
- Funded in
- 1 – 2 days
Up to $1,000,000
Six ceilings.One application.
Thrive is not a lender. One fifteen-minute application reaches a network of 80+ lenders, and what comes back is offers against the six ceilings below. Nothing is payable and asking leaves no mark on your credit file.
- 80+ lenders
- Nothing payable
- Soft credit inquiry
- One specialist per file
Start the application (844) 236-2640
About fifteen minutes across six screens.
$1,000,000The highest of the six ceilings
The six
What each one goes up to.
Six programmes, six different ceilings, one application. What each one goes up to is the first thing on this page because it is the first thing anybody asks.
- $1,000,000 Term Loan 12 – 36 months · 1 – 2 days
- $750,000 Business Working Capital 6 – 24 months · 24 – 48 hours
- $1,000,000 Equipment Financing 12 – 60 months · 1 – 3 days
- $500,000 Short-Term Business Loan 3 – 18 months · 24 hours
- $500,000 Business Line of Credit Revolving · Instant once open
- $500,000 Business Cash Advance Follows revenue · Same day
80+lenders the application reaches
30,000+businesses funded through the network
$1B+deployed through the network
95%of applications reach an offer
These are totals for the lending network these applications go into, not for this office alone. Several brands feed it and publish its figures, which is only true read this way — and the businesses-funded figure here is the largest version of it published by any brand on the network, which is worth knowing when comparing.
The six, in use
What each one is for
The ceilings above are what the six go up to. These are what they are actually for, which is the more useful question and the one a headline figure never answers.
Business Working Capital
For payroll, rent, stock and the gap between doing the work and being paid.
- Amount
- Up to $750,000
- Term
- 6 – 24 months
- Cost
- Not published
- Funded in
- 24 – 48 hours
Equipment Financing
The longest term here, and the only programme secured on what it buys.
- Amount
- Up to $1,000,000
- Term
- 12 – 60 months
- Cost
- From 4.5%
- Funded in
- 1 – 3 days
Short-Term Business Loan
Capital inside a day, for something with a date on it.
- Amount
- Up to $500,000
- Term
- 3 – 18 months
- Cost
- Not published
- Funded in
- 24 hours
Business Line of Credit
A revolving limit that costs nothing until the week it earns its keep.
- Amount
- Up to $500,000
- Term
- Revolving
- Cost
- Interest on what is drawn
- Funded in
- Instant once open
Business Cash Advance
An advance on future sales, repaid as a share of them.
- Amount
- Up to $500,000
- Term
- Follows revenue
- Cost
- Not published
- Funded in
- Same day
The rates
What this site does not publish
Three of the six publish a starting rate. Three do not, and rather than leave a blank or invent a figure, here is exactly what is and is not known before an application.
- The three that publish a rate
- The term loan starts at 5.5%, equipment financing at 4.5%, and the line of credit charges interest on what is drawn. Those are floors rather than quotes: what a business is actually offered depends on its revenue, how long it has traded and its credit file.
- The three that do not
- Working capital, the short-term loan and the cash advance publish no rate anywhere on this site. Asking for one before applying is reasonable; the answer will be a range until a lender has read the application.
- What applying costs, and what it touches
- Nothing, and your credit score. There is no application fee and nothing payable to Thrive at any stage. The application is a soft credit inquiry and leaves no mark; a lender may run a hard inquiry only if an offer is taken forward.
The cash advance is bought at a discount on future sales rather than lent at a rate. The amount repayable is fixed at the start, so clearing it early does not make it cheaper — which is the opposite of how the other five behave. The figure to ask a lender for is the total repayable in dollars, because that one is comparable across all six.
Three steps
What happens after you press send.
Three steps. The only one that can touch your credit score is the last, and only if you take an offer forward.
Step 01
Apply
About fifteen minutes online, across six screens. No documents are needed to start, nothing is payable, and it is a soft credit inquiry that does not affect the owner's score.
Step 02
Compare
One application reaches 80+ lenders. A funding specialist goes through the offers with you — what each costs, how it repays, and which of the six it actually is. Nothing obliges you to accept any of them.
Step 03
Get funded
Once an offer is accepted the money goes to the business account: same day on the cash advance, 24 hours on the short-term loan, one to three days on the rest.
The application
Fifteen minutes, and nothing to pay.
About fifteen minutes across six screens. One application reaches 80+ lenders, costs nothing, commits nothing and leaves no mark on the owner's credit score.
Rather talk to somebody first? (844) 236-2640.