Kapitus Funding Reviews - Financial Lender Pros & Cons

tamara-cohen writer
By Tamara Cohen
Updated October 30, 2020
Editor's Rating
Working Capital Source
Customer Rating 18 Reviews

In this article, we provide a review of Kapitus Funding, a lender that delivers a variety of financial products, including equipment financing, business loans, lines of credit, and MCA financing.

Types of loans
Business loans
Loan amounts
$10,000 to $1,000,000
Terms of payment
4-18 months
  • Range of financial products
  • Approves borrowers with lower personal credit scores
  • Fast and easy application and approval process
  • Rates may be high
  • Additional high fees may apply
  • Must complete application in order to compare offers

Company Profile

Businesses seeking funding solutions will likely find a small business loan that suits their needs with Kapitus. The lender offers business loans ranging from $10,000 to $1,000,000. Kapitus is also known by the company name Strategic Financial Solutions, or SFS, in California. The lender offers flexible daily and weekly repayment options on short term business loans for any operational or strategic need.

Credit Policy

Businesses often need extra cash to cover operational expenses, but do not qualify for bank loans. Kapitus Funding carries loan offers that make it easier for businesses to qualify. MCAs, for example, require repayment from future revenue, so the borrower’s credit health is less important to the lender than anticipated business earnings. Even applicants with less than stellar personal credit profiles will likely find a loan with Kapitus, if they meet some basic criteria.

While approval criteria are flexible, businesses will need to meet certain requirements in order to be considered for a loan:

Businesses that meet these requirements will be considered for a small business loan from Kapitus.


The majority of borrowers must meet the above criteria to qualify for standard loans, but some Kapitus reviews show that exceptions have been made in the past. Kapitus does offer retention pricing. Businesses that qualify for retention pricing will have higher approval rates and around a 3.5% discount on payments.

Cautionary Industries

Kapitus Funding is likely to approve loans to businesses that meet the minimum criteria. Financing amounts and terms are typically determined by business cash flow, transaction volume, and the industry.

While most industries are eligible for loans from Kapitus, there are certain sectors that do not qualify. These are determined to be higher risk to the lender. The industries excluded are:

Target Market

Building and scaling a business often requires working capital. When business owners face temporary cash flow challenges or large expenses, there often isn’t the time for a length loan application and approval process. This is where Kapitus can help. The industries that Kapitus provides funding to are:

Term Length

The length of business loan terms from Kapitus Funding ranges from 4 to 18 months. Loan terms are determined by a range of factors, including loan amount and borrower’s financial profile.

What’s Required to Apply

Kapitus offers fast online application and approval for business loans. The application requirements are minimal — merchants seeking financing must submit a completed and signed application form and at least six months of recent bank statements.

Applicants will be required to include basic business and personal information in the loan application. To expedite the process, prepare all of the necessary documents in advance:

Business name and address Federal tax ID Industry that the business operates in Business start date Requested loan amount Proof of business revenue Details about any current financing

Once the application and documents are received, Kapitus will process the application swiftly. Once approved, funds are transferred to the borrower’s account.

Factor Rates

Instead of paying typical interest rates, factor rates refer to a fixed cost that is set for the duration of the contract. The factor rate on loans from Kapitus range from 1.12 to 1.26.


Kapitus does not approve loan applications for businesses that already have active financing, or stacking.

Documentation Fees

Kapitus does not charge any fee for receiving application documents.

Origination Fees

Kapitus charges a 2.5% origination fee to cover the cost of handling and approving a loan.

Renewal Policy

Kapitus makes it easy for businesses to access additional funding once they have already received a loan. Borrowers that have repaid at least 50% of the original loan amount can apply to renew the loan.

Interest Forgiveness

While Kapitus does not offer interest forgiveness for early payment, they do not have a prepayment penalty either - no fees or charges are associated with paying back a loan in full.

Loan Use

There are many reasons why a business might require some extra financing. Kapitus permits loans to be used for any business-related purpose, making this lender a good option for any growing business.

Once approved, some potential uses for a business loan from Kapitus include:

Online Reputation and Kapitus Reviews

Businesses interested in borrowing from Kapitus Funding will be pleased with the lender’s online positive reputation online. With many positive reviews, Kapitus customers are generally pleased with repayment terms, customer service, and other features. Kapitus doesn’t have the highest Trust Pilot score among online lenders but is rated a respectable 3.6/5.

OnDeck Contact Information:


17 User Reviews

Giuseppe KonopelskiII

Nov 10, 2020 9:22 PM

My wholesale business needed quick cash flow to cover pay a bunch of vendors and make deliveries to a number of customers and take new orders as well, that ultimately meant, upgrading the inventory as well. I was seeking a merchant cash advance that could help me perform all these tasks without any delays or constraints. Kapitus Funding provided me with just the business loan I was looking for. The factor rate was more than I would have liked but I guess, you have to pay a price for the quick service they provide. I got the capital in my bank account in 24 hours. The quick cash helped me keep everyone, merchants and the customers alike, happy and satisfied. I will definitely work with Kapitus again!


Sarina Kub

Nov 18, 2020 7:22 PM

Pathetic service! Due to their own lack of good internal communication and their bad judgement, they filed a suit against my company for "late" repayments. We were making repayments according to the new repayment plan that we agreed to but due to the lack of internal communication, they sued us and when we explained the situation, they admitted to being in the wrong but what audacity that they did not take back the judgement still and when we asked for the a payoff balance, they just refused blatantly! Highly unprofessional people! Beware of these criminals!


Vita Denesik

Nov 22, 2020 9:24 PM

That is just horrible! Thanks for your review. I was reluctant on sharing my experience here but now I will too. I had similar experience with these people too but thank God it did not reach to the point where they could file a suit against my business. Because if it had gotten that far, it would have been me who had filed the suit. So, anyway, the business loan I had applied for was still undergoing review and everything. They had all my information and documents that they needed to process the application and the capital was supposed to reach me in 3 to 4 days. Without any notice, a certain amount got debited from my business account. I got alert and instantly checked with my bank and came to know that this lender had done that! I was shocked. Before even I was deemed eligible for the loan, they were taking money from me! I called them and informed them about the "mistake". They did not admit to it first and then on my constant insistence and bashing as well, they said they would get back to me. And when they called back, they were all apologetic for the mistake and said their accounts or finance department was not aware of that you had yet not received your capital. Such lack of communication inside the company is just laughable and not only that, their greed and desperation to get the money from the client! Too bad! I asked them to credit the money back to my account instantly, otherwise they'd face charges for fraud. And they did that immediately. I withdrew my application and never looked back!


Sarina Kub

Nov 27, 2020 9:24 PM

That is just pathetic! I hope more people read these reviews and learn from our experience and never work with these people!


Marcelle Treutel

Dec 4, 2020 9:26 PM

Too many fees!! Horrible service! They rob you. Origination fee, I understand. Their payback costs almost double, ridiculous! Too expensive and not worth it still. Would not work with them!


Claude Glover

Dec 7, 2020 9:26 PM

What?? Are you kidding me? Double payback costs??? They charge between 1.12 to 1.26 and there is nothing double about that!! Please, don't mislead people and defame a company for no reason. Do your research first even! I love Kapitus and their rates are just great! Yes, they have some flaws, like a slow customer service sometimes and that they take more than 2 days to review your application at times but such flaws you could find anywhere, even with the biggest banks!


Marcelle Treutel

Dec 21, 2020 9:27 PM

Is that so? Are you their representative or what? I shared an honest experience shared with me from a friend who's small insurance company got ripped off at the hands of Kapitus and he told me how his company is nearly bankrupt because of dealing with these people...


Claude Glover

Dec 31, 2020 9:28 PM

Wait, wait, what? Insurance company?? Kapitus Funding does not extend business loans or credit of any kind to insurance companies. they clearly put Insurance companies among the list of cautionary industries. It seems like your friend's application must have been rejected as Kapitus doesn't deal with this sector and he/she might have taken it badly and thought about sharing it with you in this light. And here you are, complaining about a lender you did not even work with! I really think you should take responsibility before giving a bad review. It impacts a company's reputation and it should not be taken lightly like this!


Shania Schuppe

Jan 14, 2021 9:30 PM

Damian was a star! He was humble, professional and highly responsive. Got me a business loan within 24 hours of the approval of my application. The whole process was very smooth and transparent.


Hilda Hills

Feb 2, 2021 9:30 PM

Excellent lending service!! The rates were reasonable and everything else about the business loan deal was clear and transparent too. I am looking forward to borrowing from them again when needed! Definitely a great lending partner for any small business!


Johathan Simonis

Feb 28, 2021 9:31 PM

I am currently undergoing a merchant cash advance deal with Kapitus and it has been a great journey. I was just halfway through my working capital loan with FORA and was looking for another business loan. I cam across Kapitus online while looking for other lenders. Unfortunately, these people did not accept applications from businesses already going through a business loan deal with other lenders. I liked their rates and got to talk with Damian anyway. He briefly explained the entire process and what I could expect and what not. It felt like a good deal. Damian told me to finish the deal I was already in before applying at Kapitus. I did that and applied after completing the loan with FORA Financials. I wish they had lent me earlier because it would have been much easier then but I guess, you cannot ask them to change their policies. I'm thankful for their services anyway.


Lindsay Robel DVM

Mar 12, 2021 9:32 PM

Great service! My loan officer Nelson Vargas was just the best! He took my manufacturing company as his own and got me the most reasonable rates on a merchant cash advance. I have never been happier with a lender before and I have lent from Marlin, OnDeck and a couple of other equipment financers. But Kapitus proved to be the best! Even their 2.5% origination fee seems acceptable because of such affordable payback rates. Got a business loan at 1.23!! Best deal ever!


Moses Hackett

Apr 22, 2021 9:33 PM

Great lending partner! This is my third loan with Kapitus and so far, it has been greater than ever! I have worked with Nelson for my first two loans and he was just great!! And now I've Damian working with me on a merchant cash advance for my retail company in Boston and I must say Damian is just as delightful to work with as Nelson was, if not more. I can see the qualities that this company instills in its employees. I cannot think of working with any other lender. Kapitus Funding forever!!


Antonina Padberg

May 4, 2021 9:33 PM

My experience with Kapitus has been phenomenal! Mark was my loan officer and he was highly responsive and put everything clearly for me. Anything too technical for me, Mark explained with patience! Got a merchant cash advance at 1.17 factor rate. My automotive repair business has Mark and Kapitus Funding to thank for the support they offered during the most difficult times. I had pending salaries and a couple of equipment to pay for. The merchant cash advance covered it all! Thank you so much guys!


Fatima RitchieI

Jun 25, 2021 9:33 PM

It had been a good experience, not the best but good. Disappointing in the beginning even when they deducted a big chunk in terms of origination fee and payback fees as well. But anyway, it got better later. My small restaurant benefitted from the money they offered. I just wish they would charge less in terms of different fees. But all in all, good lender!


Gay Ernser

Jul 7, 2021 9:33 PM

My spa center in Austin was extended a merchant cash advance of $100,000 by Kapitus on the most reasonable rates and terms. The only trouble I came across was when they failed to pay me on time. They said they'd pay in 24 hours after my application was approved but they didn't. I had to follow up and chase them for two days and then on the third day I received the funding. After that, it was as smooth as the morning breeze. I suggest they improve their delivery time and if they really can deliver in 3 to 4 days, this is what they should tell the borrower instead of promising an earlier time and then not delivering on time.


Aditya Herman

Jul 22, 2021 9:33 PM

Their merchant cash advance product served me really well. Got the loan in juts 48 hours and on the 49th hour, I got down to work! Helped me in managing daily business operations and personnel management!