FAQs

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.

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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.

Meet Our Team

At QuarterSpot, we have used our team's broad experience in technology, lending, risk management, and business strategy to transform the world of small business funding. Our focus is 100% on offering our customers fast, painless, and affordable loans.

  • Adam Cohen

    Adam Cohen

    Chief Executive Officer

    Adam Cohen served as Chief Executive Officer for GotCoders, a startup incubator, where he helped over 10 entrepreneurs to market, and served on numerous boards including Unigo.com from 2008 to 2011, when it became a member of the McGraw-Hill Companies. Previously, he served as Chief Software Developer for JetBlue Airways where he engineered the world’s first Electronic Flight Bag at the age of nineteen. Adam brings to QuarterSpot his extensive experience as an entrepreneur and technologist.

  • Lance Emanuel

    Lance Emanuel

    Chief Operating Officer

    Lance Emanuel served as Chief Operating Officer for GotCoders, a startup incubator, where he advised dozens of startups and small businesses on business and marketing strategy. He believes that technology can be the answer to the current small business lending crunch. At QuarterSpot he is committed to using state-of-the-art technology to make small businesses credit easier and faster.

  • Eric Hexter

    Eric Hexter

    Chief Technology Officer

    Eric Hexter served as Chief Architect for Online Product Engineering at Dell Computers, responsible for the architecture of Dell.com. the fifth largest Internet e-commerce site. Recognized by Microsoft as a thought leader in web development, Eric brings his experience in building secure and practical websites to QuarterSpot and its customers.

  • Jim Chonko

    Jim Chonko

    Chief Risk Officer

    At JPMorgan Chase Jim Chonko was responsible for pricing billions of dollars of auto loans. Previously, he served as Senior Vice President of Citibank's Small Business Lending portfolio risk and analytics team. Jim is committed to using his deep understanding of risk and lending to ensure fair prices for all QuarterSpot borrowers.

Contact Us

Have a question about our business loans or need assistance with any part of your application?
Call or email us, and we'll guide you every step of the way.

Need assistance?

A QuarterSpot loan specialist is waiting to help make the loan process quick and simple.

Won’t impact your credit score
Up to $200K, fast.