A soft pull to start
Offers come back on a soft credit pull. A hard inquiry happens later, and only if you choose an offer and that lender requires one.
Astra for small businesses · Lending
Business credit, compared on total cost.
Tell Astra how much the business needs and what it is for. One application goes to our lending partners, and the offers that come back are laid out side by side with the rate, term, payment and total cost of each.
Check your offers
Soft credit pull. Your credit score is not affected.
AstraYour financial advisor
Example
Request: $150,000 for inventory ahead of the spring season.Monday
Today
Three offers came back. Offer B has the lowest total cost, $11,640 over 12 months, with a monthly payment of $13,470.
| Offer | Term | Total cost |
|---|---|---|
| A · Line of credit | 18 mo | $14,900 |
| B · Term loan | 12 mo | $11,640 |
| C · Revenue advance | 9 mo | $19,350 |
Example figures. Your offers depend on the business and on each lender.
Why Astra
One application, every offer in the same format.
Applying lender by lender means filling out the same forms more than once and comparing offers that are each written differently. Astra collects the file once and presents every offer on the same terms.
One file
Your application, bank statements and documents are collected once and shared with the lenders reviewing it.
Your approval at every step
Nothing is accepted or signed without your yes. You can choose one offer or none, and stop at any point.
Already applied? Check the status in the capital portal.
What comes back
Four kinds of credit, on one application.
The same file is reviewed for each of the structures below. You don’t have to pick one first. The offers show which ones fit the business.
Term loan
A lump sum repaid in fixed installments over a set term.
- Amount
- Up to $10,000,000
- Term
- 6 to 36 months
- Rate
- Fixed
Line of credit
A limit to draw from as needed, with interest charged only on the balance you use.
- Amount
- Up to $10,000,000
- Term
- Revolving
- Rate
- Variable
Revenue advance
An advance against future sales, repaid in fixed daily or weekly amounts.
- Amount
- Up to $750,000
- Term
- 3 to 12 months
- Rate
- Factor rate
SBA 7(a)
A government-guaranteed loan with longer terms, used for larger projects and acquisitions.
- Amount
- Up to $5,000,000
- Term
- 10 to 25 years
- Rate
- Prime + spread
Ranges are where our lending partners operate. Each offer states its exact amount, term and cost.
How it works
From application to funds in your account.
Five steps. The capital portal shows where your file stands at each one.
- 01
Apply
One application, about five minutes with your numbers at hand. No fee and no obligation.
- 02
Review
Lending partners review the file for the products they offer to a business of your size.
- 03
Compare
Offers come back in one format, with the amount, rate, term, payment and total cost of each.
- 04
Choose
You pick the offer that fits. The lender completes approval and sends the funds to your business account.
- 05
Use it
Put the funds toward payroll, inventory, equipment or a new location.
The terms
Repayment that fits how cash comes in.
Repayment matters as much as the rate. Every offer shows its full structure before you accept it.
Compared on total cost
Each offer carries its total cost of capital, so a lower payment over a longer term can be weighed against a shorter loan that costs less overall.
A schedule you can plan around
Daily, weekly or monthly payments, revolving or fixed. The schedule is written into the offer before you accept.
Answers in days
Most files come back with offers within 48 hours, and funds can arrive as soon as one business day after approval.
See what the business qualifies for.
Apply once, compare the offers side by side, and accept only the one that fits.
48 hrsTypical time to offers
1 dayFunding after approval
Soft pullTo see your offers