FAQ - Huddle Business Capital
Get answers to frequently asked questions about Huddle Business Capital, an all-star company that connects businesses with fast, flexible funding.
Frequently asked questions about Huddle Business Capital.
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What is Huddle Business Capital?
Huddle Business Capital is an independently owned company that connects businesses with fast, flexible funding through its network of top-tier lenders. The company was founded in 2022 by Derek Abel and Tamara McCourt, CCE, CLFP, and is headquartered in Irvine, California.
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Is Huddle Business Capital a direct lender?
No. Huddle Business Capital is an intermediary between small businesses and top-tier lenders. Its winning team of business funding experts will take the time to learn about your company's funding needs and help you get a solution with a favorable rate and convenient repayment term.
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What types of business funding are available?
Huddle Business Capital's playbook of funding options, each provided by the industry-leading lenders it works with, includes business lines of credit, business loans (short-term working capital and term loans), commercial financing, equipment financing, equipment leasing, franchise financing (FF&E, remodels, brand mandates), invoice factoring, and equipment vendor financing.
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How much funding can I borrow?
Huddle Business Capital connects businesses with funding solutions ranging from $5,000 to $25 million through its network of top-tier lenders. The minimum and maximum amount of funding available can vary depending on the specific financing type or loan.
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Does Huddle Business Capital work with startup businesses?
Yes. Huddle Business Capital can connect startup businesses under two years old with funding through its network of lenders. Working capital loans are available to startups that have been in business for at least three (3) months and have three (3) months of bank statements. Funding between $25,000 and $100,000 to finance equipment is available to startups, depending on the business owner's credit score and industry experience. Other borrowing criteria apply for each product, and Huddle Business Capital will discuss this with you.
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Why should I choose Huddle Business Capital for my company?
Huddle Business Capital is an excellent choice if you seek business funding and want an MVP working on your behalf throughout the process to save time and help you get financing or a loan product with a favorable rate and flexible repayment term. The Huddle Business Capital team has extensive knowledge and experience in business lending and working relationships with some of the most respected lenders in the U.S.
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Is Huddle Business Capital well-known in the industry?
Yes. Huddle Business Capital has quickly established itself as a go-to resource for businesses in countless industries seeking growth capital. It is a member of the American Association of Commercial Finance Brokers (AACFB) and the National Equipment Finance Association (NEFA). Huddle Business Capital has working relationships with some of the country's biggest and most reputable lenders.
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What is Huddle Business Capital's process?
To start with Huddle Business Capital, you can submit an online application that asks for basic information about you and your business. Huddle Business Capital provides credit decisions in one hour or less during regular business hours, and its lenders can provide same-day funding for specific approved deals.
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Will someone at Huddle Business Capital work with me directly?
Absolutely! You will work with a senior-level business funding expert who will guide you through each stage of the process, ensuring a tailored and streamlined experience.
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How can I contact Huddle Business Capital?
You can contact Huddle Business Capital by telephone at (949) 484-9878 during normal business hours, which are 7 a.m. to 4 p.m. PST, or online through a dedicated form. A business funding expert will reply the next business day if you contact Huddle Business Capital after hours.