Everything you need to know about business funding with Cheddar Capital Partners — straight answers, no jargon.
Cheddar Capital Partners is a business funding company based in Memphis, Tennessee. We help small and medium-sized businesses across all 50 states access fast, flexible capital — without the red tape of traditional banks.
We're not a bank. We work with a network of lenders and funding sources to match your business with the right product: working capital, term loans, lines of credit, equipment financing, bridge loans, and more. You deal directly with Dan and Ron, the owners — not a call center.
The application takes about 5 minutes at loans.ccunsubscribe.com/apply. You'll answer a few basic questions about your business — time in business, monthly revenue, and what you need the capital for. No documents required to get started.
After you apply, a funding advisor will review your file — typically within a few hours — and come back with the options you qualify for. Most clients receive a same-day decision.
Many clients are funded within 24 hours of approval. In some cases, same-day funding is available — particularly for working capital and term loan products.
Your actual speed depends on how quickly the final verification steps are completed and your bank's ACH processing times. Some bank transfers take until the next business day even after we've sent the funds.
You can start entirely online — the application is fully digital and takes about 5 minutes. However, a dedicated funding advisor (usually Dan or Ron directly) will reach out after you apply to walk you through your options, answer questions, and make sure you're getting the right product for your situation.
You never have to call to apply, but most clients find a quick conversation helpful — especially when choosing between multiple offers.
To get started: nothing. The pre-qualification form only requires basic business information.
To complete your application and move toward funding, you'll typically need:
That's usually it. No tax returns, no business plans, no financial projections — unless you're applying for a larger SBA-style product where those are standard.
No. Applying is completely free and has no impact on your credit score. You're under zero obligation to accept any offer presented to you.
Cheddar Capital earns a fee when a deal successfully closes — that fee is paid by the lender, not you. You'll never be charged just to get a quote or review your options.
Yes — we fund businesses in all 50 states. We're headquartered in Memphis, Tennessee, but our lending network operates nationwide. Whether you're in Texas, Florida, New York, California, or anywhere in between, we can help.
Our minimum baseline for most products:
These are soft minimums, not hard cutoffs. If you're close on one factor but strong in others, it's still worth applying — we look at the full picture, not just a checklist.
Absolutely — and this is one of the most common situations we see. Banks decline roughly 70–80% of small business loan applications, often because of strict FICO cutoffs, short time in business, or lack of collateral.
We evaluate your business differently. We focus on monthly revenue, cash flow consistency, and time in business — not just your credit score. Many of our best clients were turned away by their bank first.
Possibly. Tax liens and collections don't automatically disqualify you, but they do affect which products and lenders are available to you. In many cases, we can still find a viable path — especially if your business revenue is strong and consistent.
The best approach is to apply and let us review your specific situation. We'll tell you honestly what's available rather than waste your time.
Our core products require at least 1 year in business and a track record of revenue. That said, if your business is less than a year old but you have strong personal credit and revenue, there may be options available through business credit cards, personal business loans, or specific startup-focused products.
Call us at 866-869-6790 and we'll let you know what we can do for your situation.
We work with nearly every industry — restaurants, contractors, retail, healthcare, trucking, staffing, e-commerce, landscaping, manufacturing, real estate, and hundreds more. If you run a legitimate operating business with revenue, there's a strong chance we can help.
A small number of industries are restricted by lenders for compliance reasons (e.g., cannabis, adult entertainment, firearms dealers in certain states). If you're in a specialized industry, just ask — we'll tell you upfront what's available.
On most of our products — no. The majority of our working capital, term loan, and line of credit products do not require collateral or a personal guarantee. That's one of our most frequently cited differentiators from traditional banks.
Larger loan amounts and certain product types (like equipment financing or SBA loans) may involve a lien on the equipment purchased or a limited personal guarantee. Your advisor will always explain this clearly before you sign anything.
Here's exactly what happens:
Funds are deposited directly into your business checking account via ACH transfer or wire, depending on the product. Most transfers arrive within 24 hours of final approval. Some banks process ACH transfers overnight, so you may see funds the following business morning even if we send them same-day.
Absolutely not. Getting a quote and reviewing your options is completely free with no obligation. You can apply, receive offers, ask questions, and walk away at any time — no fees, no hard inquiry, no strings attached until you sign a funding agreement.
We'd rather lose a deal than pressure someone into the wrong product. That's how we've maintained an 83% repeat client rate.
Your advisor will typically present multiple product options in one conversation — that's part of what we do. Rather than you applying separately to five different products, we review your profile and show you what you actually qualify for across our full portfolio. You pick what fits.
If we can't find a fit right now, we'll tell you why and what would need to change. Common reasons include insufficient revenue, very recent business activity, or credit issues that need time to resolve.
We don't leave people hanging — if there's something you can do in 3–6 months to qualify, we'll tell you specifically what that is and encourage you to reapply.
Rates vary significantly based on your business profile, the product type, loan amount, and term length. We don't publish a single rate because the range is genuinely wide — a well-qualified business with 5+ years of history and strong revenue will see very different pricing than a business that's 14 months old with a 520 credit score.
What we can tell you is that we work to find the most competitive rate available for your specific profile. Your advisor will always present the full cost of the loan — rate, total repayment, and monthly payment — clearly before you decide.
We offer funding from $50,000 to $1,000,000+. The amount you qualify for depends primarily on your monthly revenue — most lenders will advance between 1x and 1.5x your average monthly revenue for working capital products. Larger term loans and lines of credit can go higher based on your overall business health.
Your advisor will tell you exactly what you're approved for — not just a range.
It depends on the product:
All terms are disclosed clearly before you sign. No surprises.
It varies by product and lender. Some products — particularly merchant cash advances and certain short-term loans — use a factor rate structure, which means the full repayment amount is fixed regardless of when you pay it off early. Paying early doesn't save you money on those products, but it also doesn't cost extra.
Term loans and lines of credit typically allow early repayment with no penalty, and some even offer an early payoff discount. Your advisor will always clarify this for any specific offer you're reviewing.
No hidden fees. We're transparent about the total cost of every product before you sign. Common fees that may apply (and will always be disclosed upfront) include:
There are no application fees, no pre-approval fees, and no fees if you decide not to proceed.
Yes — and many of our clients do exactly this. 83% of our clients come back for a second or third round of funding. Once you've established a track record of on-time payments, renewals typically move faster and you may qualify for better terms.
Many clients also qualify for a renewal or top-up before their current loan is fully paid off, once a certain percentage is repaid. Ask your advisor about renewal options when you're approaching 50% repayment.
No. Getting pre-qualified and reviewing your options involves a soft credit inquiry only — this does not appear on your credit report and does not affect your score.
A hard credit pull only happens if you choose to proceed with a specific loan offer and provide explicit consent. Even then, we coordinate the timing to minimize impact.
Our minimum is 500, but the product options available to you expand significantly as your score increases:
Remember: credit score is just one factor. Strong monthly revenue can offset a lower score in many cases.
It depends on the product. Many working capital and MCA products are not reported to personal credit bureaus. Traditional term loans and lines of credit through bank-affiliated lenders may report to business credit bureaus (Dun & Bradstreet, Equifax Business) and sometimes to personal bureaus as well.
Your advisor will clarify reporting for any specific product you're considering. If building business credit is a goal, we can steer you toward products that help with that.
Yes — especially if your business has consistent monthly revenue. We've helped many business owners with credit scores in the 500s access capital they were told they'd never qualify for.
The honest answer: bad credit will limit your options and likely affect your rate. But if your business generates $75,000per month consistently, there are real products available to you — not payday-loan-style traps, but legitimate business capital with structured repayment.
Term Loan: A fixed lump sum with set monthly payments over a defined period (e.g., $150,000 over 36 months). Best for specific, planned investments — equipment, expansion, a second location.
Working Capital: Short-term cash (typically 3–18 months) with daily or weekly repayments tied to revenue. Faster to get, easier to qualify for, but higher cost. Best for bridging cash flow gaps, payroll, inventory, or urgent needs.
The right choice depends on your timeline and what you need the money for. Your advisor will help you figure out which is better for your situation.
A business line of credit gives you access to a revolving pool of capital ��� you draw what you need, when you need it, and only pay interest on what you've borrowed. Once you repay, the credit becomes available again.
It's ideal if you have recurring cash flow needs — seasonal businesses, contractors who need capital between jobs, or any business that regularly needs to cover gaps between invoicing and payment.
It's less ideal for a single large one-time purchase, where a term loan is usually more efficient.
Yes. Equipment financing lets you purchase or lease equipment with the equipment itself serving as collateral — which typically means better rates and longer terms than unsecured products. We've financed everything from restaurant kitchen equipment to construction machinery to commercial vehicles.
Equipment financing typically covers 80–100% of the equipment value with terms from 24 to 72 months.
A bridge loan is short-term financing that "bridges" a gap — you need cash now, and you know it's coming from somewhere (a client payment, an SBA loan closing, a real estate deal, etc.) but not yet.
Common uses: covering payroll while waiting on an invoice, holding a property deal together while long-term financing closes, or funding a project before a large client payment arrives.
Bridge loans typically carry higher rates than term loans because of their short-term nature, but for the right situation they're one of the most valuable tools available.
In many cases, yes. Having an existing loan doesn't automatically disqualify you — what matters is your current cash flow, debt service coverage, and whether you can comfortably handle additional payment obligations.
Some products (like lines of credit) sit alongside existing debt naturally. If you're looking to refinance or consolidate existing debt into better terms, that's also something we can explore.
We can facilitate certain SBA-backed products through our lender network. SBA loans offer the best rates and longest terms available in the market — but they also come with significantly longer approval timelines (weeks to months) and more documentation requirements.
If you need funding in 24–48 hours, SBA is not the right fit. If you have 60–90 days and strong financials, it's worth exploring. Tell your advisor your timeline and they'll steer you accordingly.
Repayments are automated via ACH debit from your business bank account. Depending on your product:
The schedule and amount are fixed in your agreement — you'll always know exactly what's coming out and when.
First: call your lender or contact us as soon as possible. Most lenders have hardship or payment deferral options that aren't widely advertised — but they're far more accessible if you reach out proactively before missing payments.
If an ACH payment fails due to insufficient funds, most lenders will retry within 1–2 business days and may charge a returned payment fee ($25–50). Repeated failures can trigger default clauses, so it's critical to communicate early if you're having cash flow issues.
We stay available to our clients after funding. If you're running into trouble, reach out to us — we know how to navigate this.
For most working capital products — yes. The funds are deposited into your business bank account and there are no restrictions on how they're used within normal business purposes: payroll, inventory, marketing, equipment, rent, expansion, anything.
Equipment financing is the exception — those funds are earmarked for the specific equipment purchase. SBA loans also have use-of-proceeds restrictions. Your advisor will note any restrictions when presenting your offers.
You can always reach us at 866-869-6790 (Mon–Fri, 8am–7pm CST) or email customerservice@cheddarcap.com. Dan and Ron are directly reachable — you're not getting routed to a generic call center.
For lender-specific questions (payment history, payoff amounts, account statements), we'll connect you directly with your lender's servicing team.
Referral fees vary based on the size and type of the deal. We discuss and agree on the fee with you before the deal closes — no surprises, no ambiguity. Fees are paid after the referred business's deal successfully funds.
Many of our referral partners — accountants, attorneys, financial advisors, and fellow business owners — earn meaningful recurring income by sending us businesses in their network.
Anyone. There are no requirements or certifications needed to refer someone to us. Our most active referral partners include:
If you know a business that needs capital, submit a referral here.
The referred business should be operating with at least some revenue — ideally 1+ year in business and $75K+/month in deposits. That said, just send them our way and we'll evaluate the situation directly. We'd rather review and decline than have you pre-screen everyone yourself.
No limit whatsoever. Several of our referral partners send multiple businesses per month. The more you send, the more you earn. Get started with a referral →
Our team is available Mon–Fri, 8am–7pm CST. No hold music, no call centers — just Dan or Ron picking up the phone.
Cheddar Capital Partners keeps its information as accurate and up to date as possible. All pre-qualified offers and approvals are subject to credit review and final underwriting. Commercial mortgages are not available in California. *Subject to underwriting and credit approval; not all applicants qualify for same-day funding.