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
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.
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
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.
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.
Your application, bank statements and documents are collected once and shared with the lenders reviewing it.
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
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.
A lump sum repaid in fixed installments over a set term.
A limit to draw from as needed, with interest charged only on the balance you use.
An advance against future sales, repaid in fixed daily or weekly amounts.
A government-guaranteed loan with longer terms, used for larger projects and acquisitions.
Ranges are where our lending partners operate. Each offer states its exact amount, term and cost.
How it works
Five steps. The capital portal shows where your file stands at each one.
One application, about five minutes with your numbers at hand. No fee and no obligation.
Lending partners review the file for the products they offer to a business of your size.
Offers come back in one format, with the amount, rate, term, payment and total cost of each.
You pick the offer that fits. The lender completes approval and sends the funds to your business account.
Put the funds toward payroll, inventory, equipment or a new location.
The terms
Repayment matters as much as the rate. Every offer shows its full structure before you accept it.
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.
Daily, weekly or monthly payments, revolving or fixed. The schedule is written into the offer before you accept.
Most files come back with offers within 48 hours, and funds can arrive as soon as one business day after approval.
Apply once, compare the offers side by side, and accept only the one that fits.