Frequently asked questions
How does factoring work?
1. Apply online
How is qualification determined?
Qualification for Dare Capital is determined based on a number of factors. These factors include, but are not limited to, your business cash flow, the strength of your customers, and to a lesser extent your personal and business credit history. You do not have to have perfect credit to work with us. We work with a broad range of clients, including those with below average credit.
How much funding will I have access to?
Dare Capital offers funding between $5,000 and $5,000,000. Your credit line or loan amount will be determined based on a review of your business, personal FICO score, as well as other factors.
Are there termination fees if I want to leave?
No. As long as you have no balances outstanding, and your contract term has ended,you can stop using Dare Capital with no penalties or fees.
What information do you need from me to apply?
What businesses are eligible for invoice factoring?
To meet the minimum requirements for Invoice Factoring and you must have a personal credit score of 530 or more.
I've been denied by the bank for a loan. Can I still get funding from Dare?
Yes. That is why we are here.