Top FAQ's for Small Business Financing Products
Line of Credit Top FAQs
A flexible credit limit you can draw from as needed—only pay interest on what you use.
1+ year in business, $20,000+ in monthly sales, and a 625+ FICO score.
Pre-approval in as fast as 4 hours. Full approval and funding typically within 1–2 business days.
Credit limits range from $15,000 to $250,000, depending on your qualifications.
No. We offer other financing programs once a business is at least 6 months old and generating $10,000+ in monthly revenue.
No, you’re only charged when you draw funds. No fees for keeping the LOC open.
No annual fees.
No collateral is required.
There are no out-of-pocket fees.
Payments are automatically structured to 12, 18, or 24 months payback periods, reset with each draw. You can pay off a draw at any time.
Possibly. We offer flexible options for business owners with strong revenue and time in business.
Faster approvals, personalized support, no hidden fees, and real people guiding you through the process.
Email us, call, or fill out our contact form, we’re here to help.
Yes, we have stories from real clients who’ve grown with our help.
Business Term Loans Top FAQs
A fixed amount of capital paid back over a set term, with regular payments.
At least 1 year in business, $20K+ monthly sales, and 650+ credit score.
We may be able to help once your business is at least 6 months old and generating $10,000+ in monthly sales.
Not if you’re starting from scratch, but if you already have a business entity, funds can be used for acquisitions and other business needs.
Four (4) months of most recent business bank statements and a 1 page application.
Yes, you must have a business checking account to apply for a business loan.
You can borrow anywhere from $10,000 to $500,000, depending on your qualifications.
Approvals can happen as fast as 4 hours.
No collateral required.
Terms typically range from 6 months to 5 years.
There are no out-of-pocket fees. Any applicable origination fee is deducted from the approved funding amount and included in the stream of payments.
Yes, you may use the funds for any related business expense.
Yes, there are no prepayment penalties for early pay offs.
You may be eligible for a Revenue Based Financing program, reach out to us to discuss your business financing options.
Email us, call, or fill out our contact form, we’re here to help.
Yes, we have stories from real clients who’ve grown with our help.
Equipment Financing Top FAQs
It’s a way to get the equipment your business needs without paying all upfront.
You can finance eligible equipment valued up to $2,000,000.
Approvals can happen in as little as 1 business day.
No collateral is required.
We offer flexible monthly payments based on your cash flow.
First and last payment is required upfront as well as any notary fee (if applicable).
Essential business equipment invoice or quote, $250,000+ in annual sales, 2+ years in business, and a majority owner with a 675+ FICO score.
All you need: 6 months of bank statements and your equipment invoice. Drop in your contact info and we’ll walk you through the process step by step.
Revenue Based Financing Top FAQs
It’s a type of funding where repayments are based on a percentage of your monthly revenue.
You may qualify for $10,000 up to $500,000, depending on your revenue.
Approvals can happen in as little as 24–48 hours.
No, this financing option is unsecured.
Payments are flexible and tied to your monthly sales, usually over 6 to 24 months.
There are no upfront fees to apply.
At least 6 months in business, $10K+ monthly revenue, and 500+ credit score.
Yes, we work with business owners with fair credit too.
Send us 6 months of bank statements and your contact info—we’ll walk you through it.
It’s faster, more flexible, and based on your revenue—not fixed payments.
Yes, you can use the funds for any business-related expenses like marketing, inventory, or hiring.
Email us, call, or fill out our contact form, we’re here to help.
Yes, we have stories from real clients who’ve grown with our help.
Cannabis Financing Top FAQs
No,all of our cannabis financing options are non-dilutive.
At least 6 months in business, $20,000+ in monthly sales, and a business checking account.
4 months of business bank statements and a completed one-page credit application.
Pre-qualification can happen in a few hours. Funding is typically available within 24–72 hours.
No. We start with a soft credit pull that won’t affect your score.
No. We only fund licensed cannabis businesses with active business checking accounts.
We provide fast, transparent funding without requiring equity or real estate, even for cannabis operators.
Clear Skies Capital® is licensed to lend in CA, VA, NY and the 47 other states.