About Springville Partners
Owning a small business can be incredibly rewarding. That’s why you started yours. But it can also be challenging when cash management is taking time away from running your business and when accessing capital for your business is a slow and difficult process.
That’s where we come in. We started Springville Partners with two things in mind. First, to provide small businesses like yours access to capital when you need it, so you don’t have to worry about making payroll or investing in growth. Second, to serve small business owners with speed, simplicity, and transparency – no long waits, paperwork, or hidden fees that happen with other financial institutions. Running a business is challenging; Springville Partners makes working capital easy.
Springville Partners is based in New York, New York and backed by leading venture capital firms and private investors. With over 20 years of combined industry experience, you’re in good Hands.
Philip Aleman
Managing Partner at Springville Partners
Thomas Fenko
Managing Partner at Springville Partners
Any Questions?
You can use the funds you receive however you choose, that is up to you. Our funding guidelines do not include anything regarding money usage purposes.
Springville Partners has a quick and simple application process. The reason we are able to provide funds to businesses that have less than perfect credit, is because we base our decisions off of your business cashflow for the most part. Your account manager will determine the factor rate and the amount of your advance. If the terms satisfy your needs and you decide to accept our offer, we will wire the funds to your business account within 24 hours. Your payments will be automatically deducted from the business bank account or taken from the business credit card processor. There is never any cost or obligations to apply and see what you qualify for.
Bad credit is not normally a deal breaker. We base our decisions off of the business cashflow. If you are making at least $5,000 a month in gross deposits, you may qualify.
Once the application and bank statements are submitted, it only takes 4-10 hours for a decision from underwriting. If you accept the offer we can have the funds in your account in as little as 24 hours.
Normally we approve for 100-200% of your average monthly gross deposits.
Once approved, it only takes a few hours. Normally we can fund within 24 hours or receiving the application and banking statements.
No. There is no penalties for early payment. You can repay whenever it is convenient. In some cases we offer discounts for paying it off early.
Yes, we can consolidate existing loans onto one note. And we can also fund advances along with your existing ones without paying them off. We have options.
Fill out our online application or contact us directly and one of our representatives will be happy to assist you. Feel free to call into (347)-778-5195