Kapitus—known as Strategic Funding until the company rebranded in early 2019—is an alternative lender who offers a wide variety of small business loan options. Operating as an online marketplace, Kapitus allows business owners to submit one application in order to help them find and compare the products that are best suited for their needs.
That said, Kapitus is a direct lender, but also connects business owners to lending partners within their network as well.
Overall, although Kapitus seems to be able to offer fast funding that can serve different financing needs, as well as a range of business qualifications, they do not provide much information upfront about the actual amounts, rates, and terms of their products.
Within their online marketplace, Kapitus (formerly Strategic Funding) offers eight different types of business financing:
In general, Kapitus states that they provide flexible terms that fit your business needs, competitive rates as low as 6.25%, and approval in as little as four hours.
Additionally, they list their standard minimum loan requirements as:
Credit score
625+
Time in business
2 years
Annual revenue
Average of $250,000
That said, however, you’ll find that Kapitus does provide some more specific details on certain types of financing. For example, for invoice factoring, they state that you can access industry rates as low as 1.25% and only six months in business are required to qualify.
As we mentioned above, though, Kapitus does not provide concrete information regarding the actual terms, amounts, or rates for the majority of their financing products.
Although the Kapitus requirements listed above seem strict, as an online marketplace, you can apply with Kapitus to receive a free quote and determine if you qualify for any of the types of business loans within their network.
With this in mind, however, there are some additional eligibility criteria you’ll want to consider when thinking about working with Kaptius (formerly Strategic Funding):
Kapitus does not work with businesses in the following industries:
Depending on the type of business financing you’re applying for, you’ll likely need additional documentation as you progress through the underwriting process.
Whether you know what type of Kapitus loan you’re interested in or you want to compare your funding options, you can start the process by getting a free quote on the Kapitus website. You can also use the Kapitus matching tool to get matched with a financing product or speak with a financing specialist to get started as well.
Let’s break down the application process:
First, if you answer a few quick questions about yourself and your business you can get a free quote for business funding from Kapitus. You can opt to either speak to a representative or complete the full Kapitus online application.
The Kapitus loan application is simple and quick—it should only take you five minutes to complete—according to the Kapitus website. If you decide to speak to a Kapitus representative, the representative will reach out to you over the phone and talk to you about your business financing needs.
The Kapitus representative can also help you complete and submit your initial business loan application. Once they receive your initial application, Kapitus will perform a soft pull on your credit history to verify your personal credit score (this will not affect your credit).
In general, you should receive a decision on your application in as little as four hours. As we’ve mentioned, the application and underwriting process may differ depending on the type of business financing you’re applying for.
Overall, if you’re approved for financing and decide to continue the funding process, Kapitus may ask for additional documentation to complete the underwriting process. Again, this may vary based on the type of financing and whether or not you’re being funded by Kapitus or one of their lending partners.
Once the underwriting process is complete, you should receive your final offer—this agreement will include all of the details of your Kapitus funding—amount, interest rates, terms, repayment schedule, and more.
You’ll want to review this agreement thoroughly and pay close attention to any terms and conditions, such as:
Of course, if you’re funded by one of Kapitus’s lending partners, these terms and conditions may vary.
Unfortunately, because Kapitus doesn’t provide much information about the terms of their financing products upfront, they also don’t give a lot of insight into their repayment process either.
Overall, therefore, we’d say it’s safe to assume that your repayment schedule will vary—daily, weekly, or monthly—based on the type of Kapitus funding you receive. Along these lines, if you receive financing from Kapitus directly, you’ll be working with them to repay your loan, and if you receive funding from one of their lending partners, you’ll be working with that partner to repay your loan.
Similarly, although Kapitus does not charge prepayment penalties—meaning you can pay off your loan early without facing penalty fees—this may not necessarily be the case with their lending partners.
Additionally, you won’t be able to build credit by borrowing money through Kapitus. This lender doesn’t report to the personal or business credit bureaus, so you won’t benefit from a higher credit score even if you pay your Kapitus loan back on time.
Kapitus customer service is available by phone, email, and live chat.
The Kapitus funding phone number for customer service is (800) 780-7133. You can email customer service by completing the inquiry form here or emailing support@kapitus.com. The live chat customer service feature is available in the lower right hand corner of the Kapitus website.
Customer support representatives are available from 9:00 a.m. to 6:00 p.m. ET from Monday through Friday.
How do business owners rate their experience with Kapitus Funding (formerly Strategic Funding)?
In general, Kapitus reviews online are fairly positive. Kaptius has an average of 4.1 out of 5 stars on Trustpilot and 3.3 out of 5 stars on Google. Although Kapitus is not BBB-accredited, they have an A+ rating on the Better Business Bureau website.
They do, however, only have three reviews on the BBB website, with an average rating of 1 out of 5 stars. Taking these negative reviews with a grain of salt, looking holistically at some of the Kapitus reviews across the internet can perhaps give us a better sense of what it’s like to work with this alternative lender.
That said, positive reviews of Kapitus tend to focus on:
On the other hand, more negative reviews tend to mention:
Overall, Kapitus has their fair share of both wholly positive and negative reviews across consumer review sites—with many borrowers giving either a 5-star or a 1-star rating—and not as many giving a 3-star or 2-star review.
With that in mind, it’s also worth noting that unlike some of their competitors, Kapitus representatives don’t seem to consistently respond to reviewers (either positive or negative).
Fundera Score
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OnDeck | BlueVine | Balboa Capital | Reliant Funding |
Fundera Score 5
| Fundera Score 5
| Fundera Score 4
| Fundera Score 4
|
Products OfferedTerm loan; lines of credit | Products OfferedInvoice factoring; lines of credit | Products OfferedShort-term loans, lines of credit, equipment financing | Products OfferedMerchant cash advances |
Interest ratesStarting at 29.9% | Interest ratesStarting at 0.25% per week; Starting at 4.8% | Interest rates1.12 to 1.2 factor rate | Interest ratesFactor rates starting at 1.18 |
DisclosureRates based on loans originated in the half-year ending March 31, 2022 | Minimum credit score required530; 650 | Minimum credit score requiredNo minimum | Minimum credit score required525 |
Minimum credit score required625 | |||
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OnDeck |
Fundera Score 5
|
Products OfferedTerm loan; lines of credit |
Interest ratesStarting at 29.9% |
DisclosureRates based on loans originated in the half-year ending March 31, 2022 |
Minimum credit score required625 |
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BlueVine |
Fundera Score 5
|
Products OfferedInvoice factoring; lines of credit |
Interest ratesStarting at 0.25% per week; Starting at 4.8% |
Minimum credit score required530; 650 |
![]() |
Balboa Capital |
Fundera Score 4
|
Products OfferedShort-term loans, lines of credit, equipment financing |
Interest rates1.12 to 1.2 factor rate |
Minimum credit score requiredNo minimum |
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Reliant Funding |
Fundera Score 4
|
Products OfferedMerchant cash advances |
Interest ratesFactor rates starting at 1.18 |
Minimum credit score required525 |
Kapitus is not in Fundera’s Lender Network. The Fundera team carefully vets all of the lenders in our network, and have determined that Kapitus either doesn’t have the technology to work with Fundera or does not offer a financing product that competes with the other lenders in its product class. We suggest considering another lender in this product class.
See if you qualify for similar products in Fundera’s Lender Network.
Randa Kriss is a senior staff writer at Fundera.
At Fundera, Randa specializes in reviewing small business products, software, and services. Randa has written hundreds of reviews across a wide swath of business topics including ecommerce, merchant services, accounting, credit cards, bank accounts, loan products, and payroll and human resources solutions.