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Swift Funding Source is a financial services provider that focuses on addressing the cash flow needs of small businesses. The company was founded by financial services professionals with significant experience in establishing successful businesses. They emphasize treating their clients with respect and confidentiality, viewing them as partners rather than just customers. Swift Funding Source takes the time to understand the specific working capital needs of each business, and while many banks might deny credit to small businesses, they believe in supporting and looking at the future prospects of a business rather than just its history.
Swift Funding Source offers financing solutions for small business owners to either expand or strengthen their operations. They have three primary funding programs, with one of them being the " Total Deposit Advance (TDA)." This program's approval amount is based on a business's monthly merchant processing volume. Swift Funding Source purchases future merchant processing receivables at a discount, providing businesses with immediate funds. Unlike traditional financing methods that heavily rely on credit scores, Swift Funding Source focuses on the overall health and performance of a business, viewing their funding products as valuable investments for the future of these businesses.
1. Tailored solutions for small businesses.
2. Focus on overall business health rather than just credit scores.
3. Quick and hassle-free funding options.
4. Opportunity to refinance upon reaching 50% of the total repayment amount.
5. Uses future accounts receivables for repayment.
1. Limited information available on the website.
2. No clear details on all funding programs.
3. Lack of transparency on rates and terms.
4. No direct list of qualifications provided.
5. FAQ page is unavailable.
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