The first time you apply for a loan with Capcito, it usually takes between 1-3 working days before the funds are in your account.
Once your are a client we usually pay out your loan within 24 hours.
If you want to borrow against invoices that are already sent out to your customers, we have two options, given that due date is more than 7 days away:
- We inform your customers that your invoices have been pledged to Capcito
- You provide some other form of security for the loan until you’ve invoiced with Capcito’s pledging text. This can be a personal guarantee or guarantee from another firm.
We also verify that the work you’ve invoiced has been delivered/carried out, if you invoice in advance we can unfortunately not offer you financing. This process can take between 1-5 days and is dependent upon that we reach your customer.
We’re always doing our best to make sure this process is carried out as fast as possible to meet your financing request. Once we’ve established a relationship, we usually pay out your loan within 24 hours.