FAQ Page

Frequently Asked Questions

FAQ Knowledge Base

Before contacting support, please browse our FAQ Knowledge Base, you might just find the solution you're looking for.

What can 1st Global Capital LLC do for my business?

We are an alternative to standard bank loans. New businesses and sometimes older businesses need the ability to receive funds quickly, easily and in most cases without perfect credit. We make cash advances quick and hassle free.

How can I use the money?

We do not determine the use of the funds you receive, that is up to you. Our funding policies do not include a section for money usage purposes.

How does it work?

1st Global Capital has a simple application process. The reason we are able to provide funds to businesses that have less than perfect credit, is how we process our advancements. Just answer a few questions and one of our agents will contact you for a free consultation. Your personal consultant will determine the factor rate and the amount of your loan. We offer funding based on your monthly cash flow, and we also offer split funding based on your credit card processor terminal batches. Once you agree to the terms, your advanced amount will be directly deposited into your bank account within minutes. 1st Global is then repaid by the agreed amount between you and 1st Global Capital daily from your business banking account.

Will I qualify if I have bad credit?

Given our repayment process and how we qualify your business for a funding amount, we can work with most businesses regardless of credit score. 1st Global Capital looks more at your revenue forecast than your credit score.

How long will it take to find out if I am approved?

Once the application and documentation are received, an approval notice takes about 4 hours.

How much can I qualify for?

We will look at your total sales for the last 120 days and make a determination that is generally between 100% and 300% of your average monthly sales.

How quickly can I get the money?

Once approved, you will receive the funded amount within minutes.

Is there any prepayment penalty for paying back the advance early?

No. There is no penalty for early payoff. You can repay your advanced funds anytime you wish.

I already have a cash advance with another company, can I still apply?

Yes, it is possible we can pay off your current loan and give you the remainder of your available funded amount.

Who can answer my questions, or help me start the funding process?

Fill out our quick form above or contact us directly and one of our representatives will be happy to assist you.