FREQUENTLY ASKED QUESTIONS

Why should I apply for business funding from Green Buck?

A: Green Buck  uses proprietary software paired with a human element to locate and secure the best funding options for your small business.

What are the requirements to apply for funding?

A: The requirements to apply for funding are operating 6 months in business, $10k+ per month in revenue, and a business bank account.

What can I use the funds for?

A: The funds can be used for business expansion, inventory, equipment, taxes and tax benefits, or anything business related.

Which industries do you provide funding for?

A: There are currently zero restricted industries; we can leverage our marketplace in your business’ favor.

What are the loan interest rates?

A: There are no loan rates because the product we offer is a purchase of future receivables. To best fit this product a factor rate is used in its place. Factor rates vary depending on the strength of your business. 

What does the Green Buck app do?

A: The Green Buck app streamlines the funding application process, allowing you to seamlessly upload documents and manage funding from the palm of your hand.

How much do Green Buck’s services cost?

A: Green Buck will analyze your company and present an offer at no cost.

Is the funding unsecured?

A: Yes, the funding is unsecured.

How long does it take to get my money?

A: Once approved, you typically receive funds within 24-48 hours.

Do you pull my credit and will it affect my credit score?

A: Through our partnership with Experian, we have the ability to perform a true soft credit pull upfront that will not affect your credit score.

What is considered a small business?

A: Depending on your industry, a small business could be defined as a business with a maximum of 250 employees or a maximum of 1,500 employees. Small businesses are privately owned corporations, partnerships, or sole proprietors that have less revenue than larger businesses.

What happens if you don’t pay back the funding?

A: While every funder is different, typically if your company enters into default, the funder will send your account to a collections department.