Various factors are used to determine your eligibility for a QuickBooks Term Loan. This includes, but is not limited to, your business history within QuickBooks, transactions within your business bank accounts, credit history of the business and personal guarantor, business revenue, and current liabilities. In general, businesses with at least $50,000 in revenue in the past year may be eligible. Applicants shouldn’t have any bankruptcies (personal or business) in the last two years. Since every business is unique, there is no guarantee that all applicants meeting these criteria will be eligible for a Quickbooks Term Loan. Each application is considered individually and decisions are based on current guidelines which are subject to change.

Your Annual Percentage Rate, or APR, is the annual rate charged for borrowing money. This rate is expressed as a percentage that reflects the annual yearly cost of funds over the term of the loan. Quickbooks Term Loan has no origination fees, therefore, the APR will equal the interest rate. For loans that charge fees or points, the resulting APR will be higher than the interest rate. When shopping for a loan, compare the APRs of at least two offers with the same term.

Get Paid Upfront was made to help small businesses receive an invoice advance on invoices. With a Get Paid Upfront credit limit, you can access invoice advances and get funds as fast as 1–2 business days instead of waiting on net terms.

Sign in to your QuickBooks account and go to Invoices and then select Get Paid Upfront. When you choose to fund an invoice for the first time, you’ll fill out an application to see if you’re approved. You can also apply without an invoice. If you are approved and accept the terms, the Get Paid Upfront advance will be disbursed to you in as fast as 1–2 business days of acceptance. You’ll be assigned a total credit limit to use to fund other eligible invoices.

The application process doesn't affect your personal credit score.

Because every business is unique, each application is considered individually, and decisions are based on your credit risk profile, current guidelines, and applicable laws. Terms and credit limits may change over time.

Your offer can be modified or revoked at any time, for any reason. These reasons can include, but aren’t limited to, if something changes with your business or personal credit profile, irregularities with your business or identity, or if you cancel or suspend your QuickBooks Payments account.

Whether you apply for QuickBooks Term Loan or Get Paid Upfront, it won’t affect your personal credit score in any way. A soft pull of your personal credit history is performed. A “soft pull” doesn’t affect your personal credit rating or score. However, your business credit history may be affected when you apply for a QuickBooks Term Loan.

QuickBooks Capital has partnered with WebBank to provide access to the QuickBooks Term Loan ("Term Loan") product for small business customers. Term Loan is issued by WebBank.