Step 1: How do you start?
Start with a short application covering your business, ownership, revenue, existing debt, how much you need and what it is for. Be specific about the purpose: replacing a reduced bank line, buying a machine or funding an expansion each point to different products. The application creates no obligation to accept any offer.
Start your application. If you want to prepare first, read our qualifications guide.
Step 2: What documents will you share?
For monthly-payment term loans and credit lines, expect to share recent business bank statements, business tax returns, year-end and year-to-date financial statements, a schedule of existing debts and owner information. Requirements vary by product and funder. A complete, organized package is the single biggest factor in how quickly things move.
Use our full-doc documents checklist to gather everything at once, and make sure your tax returns, statements and debt schedule agree.
Step 3: How are funding partners matched?
1Prime Capital reviews your profile and need, then presents your request to funding partners whose programs fit your industry, credit, financials and the product you need. Partners run their own underwriting, which may include follow-up questions or a call. Some approvals come within a day or two, depending on documents; larger requests take longer.
Curious what happens inside a partner's review? See how full-doc underwriting works.
Step 4: How do you compare offers and close?
When offers come back, we walk through amount, term, payment schedule, pricing, fees, collateral, guarantees and conditions so you can compare them fairly. You choose whether to accept. Closing includes signing the agreement and any lien or guarantee documents, then funds are disbursed by the funding partner.
Have your attorney and CPA review terms before you sign. Our process timeline explains what closing typically involves.
Frequently asked questions
Does applying affect my credit?
It depends on the stage and the funding partner. Some early reviews use a soft inquiry, while formal underwriting often includes a hard inquiry. Ask us which type applies before each step so you can plan.
How long does the process take?
It depends mostly on how quickly complete documents arrive and the size and complexity of the request. Some approvals come within a day or two, depending on documents, while larger full-doc requests can take several weeks.
Does 1Prime Capital make the credit decision?
No. 1Prime Capital helps businesses get funded through our funding partners, and each partner makes its own credit decision. We help you present your file clearly and compare the offers you receive.
What if I am declined?
A decline from one partner does not mean every option is closed, since programs differ. We can talk through what held the request back, such as cash flow coverage or documentation, and what might strengthen a future request.
Ready to see your options?
Apply once, and we will compare options from our funding partners with you.
Updated September 14, 2026 · 1Prime Capital Funding Team