What is QuarterSpot?
We launched QuarterSpot in June 2013 after experiencing firsthand how difficult it is for small businesses to get the working capital they need to grow. As a small business lender, our goal is to help businesses thrive with quick and affordable funding with terms you find attractive.
What do I need to apply?
Apply now at the top of the page and complete our secure online application. Upload your last three business statements and funds can be in your account in as little as one business day.
Why does applying not impact my credit score?
We only do a "soft credit check", which does not count as an inquiry on your credit report score. Therefore it has no impact on your credit score.
How do I qualify?
As long as you have been in business for one year and make at least $16,000 a month in sales, there's a good chance you qualify. We look for a minimum personal credit score of 550, but applying does not impact your credit score. Apply now to see how much funding you can get.
Is there a fee for using QuarterSpot?
There is no fee to apply. If you accept our funding offer, we deduct a fee from the amount of the loan when we transfer the funds to your bank account. This fee only applies if you accept the loan.