Frequently Asked Questions

Most applications receive a credit decision within 24 hours. Once approved, funds are typically deposited within 24–48 business hours. The speed depends on the completeness of your documentation — the faster you provide required information, the faster you get funded.

Requirements vary by product, but most applications need: 3–6 months of business bank statements, government-issued photo ID, business registration documents, and basic business information. Our team will tell you exactly what's needed for your specific application — we keep it simple.

We review both business and personal credit as part of our evaluation. However, we look at the complete picture — not just the credit score. Strong business revenue can offset credit challenges. We never decline an application based on a single factor.

No. We do not charge any upfront fees to apply or get assessed. Our fees — which are clearly disclosed before you sign anything — are only charged when you receive funding. If you don't get funded, you don't pay.

Borrowing amounts range from $10,000 to over $2,000,000 depending on the product, your business financials, and your qualification profile. The best way to find out how much you qualify for is to complete a free, no-obligation application.

Yes. GrowthX Capital operates in both Canada and the United States, with offices in Surrey, BC and Sheridan, WY. Our products are available to businesses in both countries, with the exception of Grant Consulting, which is available to Canadian businesses only.

Bad credit doesn't automatically disqualify you. We evaluate businesses holistically — considering revenue, time in operation, industry, and overall financial health. Many business owners with credit challenges have been successfully funded based on the strength of their business performance.

Yes. We encourage early repayment and do not charge prepayment penalties on most products. Paying off early often saves you money on total interest paid and can improve your eligibility for future funding.

It starts with a simple online application that takes 3–5 minutes to complete. Once submitted, a funding specialist reviews your information and reaches out within a few hours to discuss your options. If you proceed, you'll provide required documentation. We make a credit decision, present your offer, and — if you accept — fund your account within 24–48 hours.

A traditional loan has fixed monthly payments regardless of your revenue. Revenue-based financing (RBF) links your repayments to your monthly revenue — when business is good, you repay more; when it's slow, payments shrink automatically. RBF is ideal for businesses with variable or seasonal revenue.

Many of our grant consulting services are performance-based — we earn a percentage of successful grant awards, which aligns our incentives with yours. We'll clearly explain all fee structures before you commit to anything. Not all programs have zero upfront cost, but we always disclose fees upfront.

We typically prefer businesses with 6–12 months of operating history, but we evaluate startup businesses on a case-by-case basis. Factors like the founder's industry experience, personal credit profile, available collateral, and business model all play a role in startup approvals.