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Kapitus

Most Versatile Funder

Formerly Strategic Funding Source. Six different products under one roof, from MCA to SBA loans

4.5
(5,600+ reviews)
Michael Chen Written by Michael Chen, CFA, CFP
Rachel Kim Reviewed by Rachel Kim, JD, CRCM
Updated: March 7, 2026

At a Glance

Founded
2006
Headquarters
New York, NY
Total Funded
$6B+
Advance Range
$10K - $5M
Factor Rate
1.10 - 1.40
BBB Rating
A+

Rating Breakdown

Performance Overview

Scores out of 5, based on our editorial analysis

About Kapitus

Founded in 2006 as Strategic Funding Source and rebranded as Kapitus in 2018, the company is headquartered in New York City and has provided over $6 billion in funding to more than 50,000 small and medium-sized businesses nationwide. Kapitus is one of the most versatile direct funders in the alternative lending space, offering seven distinct financing products under one roof: merchant cash advances, revenue-based financing, SBA loans, lines of credit, equipment financing, purchase order financing, and commercial real estate loans. This breadth of product is rare among alternative funders and makes Kapitus one of the few companies that can serve a business from its first $10K working capital advance through a $5 million commercial loan. The company differentiates itself through its consultative approach and proprietary Helio technology platform. Rather than fitting every applicant into a single product, Kapitus assigns a dedicated financing advisor who evaluates the business's full financial picture and recommends the most cost-effective option. A restaurant owner needing $50K in bridge capital might get an MCA, while a manufacturing company needing $1M for equipment might be steered toward an equipment financing arrangement with lower effective cost. The Helio platform uses machine learning to speed up underwriting across all seven products, delivering decisions within 24 hours while maintaining rigorous risk assessment. Kapitus's SBA Preferred Lender status means they can also process SBA loans faster than non-preferred lenders, giving qualifying businesses access to the lowest-cost government-backed financing available. For business owners considering Kapitus, the main limitations are minimum revenue requirements and product complexity. Kapitus generally requires higher minimum monthly revenue than micro-advance providers like Bitty Advance, which means newer businesses or those generating under $10K per month may not qualify. The seven-product menu can also create decision fatigue for first-time borrowers who may not understand the differences between an MCA, a revenue-based financing arrangement, and a term loan. However, for businesses that meet the revenue thresholds, the ability to compare products within a single provider, combined with nearly two decades of operating history makes Kapitus one of the strongest all-around choices in the alternative lending market.

Key Features

Multi-Product Platform

Kapitus offers seven distinct financing products under one roof, ensuring businesses can find the right fit whether they need a short-term MCA or a long-term SBA loan.

Helio Technology Platform

Their proprietary Helio platform uses analytics and machine learning to speed up underwriting, delivering faster decisions with more precise risk assessment.

High Advance Limits

Kapitus offers advances up to $5 million, making them suitable for larger businesses that need substantial working capital beyond typical MCA limits.

Dedicated Financing Advisor

Each applicant works with a dedicated advisor who evaluates their full financial picture and recommends the most cost-effective product for their specific situation.

SBA Preferred Lender

As an SBA Preferred Lender, Kapitus can process SBA loans faster than non-preferred lenders, giving qualifying businesses access to lower-cost government-backed financing.

How It Works

1

Submit Application

Apply online in minutes or speak with a financing advisor by phone. Provide basic business details and recent bank statements.

2

Product Matching

Kapitus evaluates your profile across all seven product types and recommends the option that best fits your business needs and cost tolerance.

3

Underwriting & Approval

The Helio platform processes your application with advanced analytics, delivering a decision typically within 24 hours.

4

Funding

Accept your offer electronically and receive funds deposited to your business account, often within 1-2 business days.

What They Do

  • Merchant Cash Advance
  • Revenue-Based Financing
  • SBA Loans
  • Line of Credit
  • Equipment Financing
  • Commercial Real Estate Loans
  • Purchase Order Financing

Debt Types They Take On

  • Merchant Cash Advance
  • Revenue-Based Financing
  • Term Loan
  • SBA Loan
  • Line of Credit
  • Working Capital

Fee & Cost Structure

Factor Rate
1.10 - 1.40
Origination Fee
0% - 3% of advance amount
Repayment Term
4 - 24 months (daily or weekly ACH)

Regulatory & Trust

BBB Rating
A+
CFPB Complaints
~120
Accreditations
Small Business Finance Association Innovative Lending Platform Association SBA Preferred Lender
States Served
All 50 states

Review Summary

4.3
Trustpilot
4.5
Google
5,600+
Total Reviews

Notable Case Studies

Manufacturing CNC Machine Upgrade

Mid-size manufacturing company in Ohio generating \$280K/month in revenue needed \$1.2M for three new CNC machines to fulfill a major automotive parts contract. Traditional bank required 90 days for approval, but the contract deadline was 6 weeks away.

Kapitus structured a revenue-based financing arrangement at a 1.18 factor rate (total repayment: \$1,416,000) funded within 5 business days. The new machines increased production capacity by 35%, enabling the company to fulfill the \$3.8M automotive contract. Annual revenue increased from \$3.36M to \$4.9M. The \$216,000 cost of capital generated \$1.54M in incremental annual revenue, a 7.1x return on financing cost.

Franchise Bridge Funding During SBA Processing

Quick-service restaurant franchisee needed \$180K to cover buildout costs for a new location while waiting on SBA loan processing that was expected to take 60 to 90 additional days. Delays would have forfeited the lease and a \$40K security deposit.

Kapitus bridged with a \$180K MCA at 1.22 factor rate (total repayment: \$219,600) with daily ACH. The SBA loan closed 75 days later at 6.5% APR and was used to pay off the remaining MCA balance of \$148,000. The franchisee saved the \$40K deposit, opened on schedule, and the new location generated \$65K/month in revenue within its first quarter. Net cost of the bridge financing after SBA payoff: approximately \$31,400, far less than the \$40K deposit they would have forfeited.

Pros & Cons

Pros

  • Seven distinct financing products under one roof, from \$10K MCAs to \$5M commercial loans, eliminating the need to manage multiple lending relationships
  • SBA Preferred Lender status allows faster processing of government-backed loans with lower interest rates than any MCA product
  • Proprietary Helio platform uses machine learning to match businesses with the optimal product and deliver decisions within 24 hours
  • Dedicated financing advisors provide consultative guidance rather than one-size-fits-all sales, reducing the risk of choosing the wrong product
  • verified client reputation and nearly two decades of operating history since 2006 provide accountability and stability that newer fintech lenders cannot match

Cons

  • Minimum revenue requirements are higher than micro-advance providers, potentially excluding businesses generating under \$10K per month
  • Seven-product menu creates complexity that can overwhelm first-time borrowers who may not understand the cost differences between MCAs, term loans, and lines of credit
  • Not all products are available in all states, and SBA loan eligibility adds federal qualification requirements that many small businesses cannot meet
  • Higher CFPB complaint volume (~120) than smaller funders, though this is partly explained by the large customer base of 50,000+ businesses

User Reviews (30)

3.5
30 reviews
5 stars
13
4 stars
4
3 stars
4
2 stars
4
1 star
5
Showing 10 of 30 reviews
T
Tony C.
Jul 1, 2026

won't use again

nope

S
Scott N.
Jun 16, 2026

average

Meh. Kapitus is ok. $200K for my print shop. The rate is too high honestly but I was in a bind.

K
Kim O.
May 7, 2026

lifesaver

They were straight with me from day 1. No bait and switch, no hidden fees. $250K at 1.29.

A
Ana W.
Nov 22, 2025

waste of money

Save yourself the headache, stay far away from Kapitus. Desperate for payroll money and they took advantage. $10K at 1.18. Now I'm in worse shape.

B
Brandon
Oct 12, 2025

DO NOT USE

Predatory. Kapitus charged me 1.13 on $25K which converts to criminal APR. When business slowed down they threatened legal action within 48 hrs. Sharks.

N
N. Taylor
Oct 5, 2025

save your money

never again

R
Rose V.
Sep 12, 2025

worked out great

Honestly my best MCA experience. $50K at 1.18. Darnell handled everything and I had money in 2 days.

H
Holly
Sep 10, 2025

perfect timing

Just got my second advance from them. Rate dropped from last time. Kapitus is solid.

P
Pat S.
Sep 10, 2025

perfect timing

Would recommend. Got $100K for my trucking company no hassle.

H
Hank
Aug 9, 2025

glad I went with them

A+

Write a Review

Frequently Asked Questions

Name change. Strategic Funding Source became Kapitus in 2018. Same company, same leadership, same infrastructure. They rebranded because the product lineup had grown way beyond MCAs — SBA loans, equipment financing, commercial real estate — and the old name didn't fit anymore. If you had a contract with Strategic Funding Source, nothing changed except the logo on your statements.
Kapitus offers advances and loans up to \$5 million, which is among the highest in the alternative lending industry. MCA advances specifically typically max out at around \$1 to \$2 million, while higher amounts may be structured as revenue-based financing or commercial loans. The amount you qualify for depends on your monthly revenue, time in business, and the specific product type.
Yes, and they're an SBA Preferred Lender, which means faster processing than most. The difference between SBA and MCA is enormous. SBA loans run 6-10% APR. MCAs can be 40-100%+ effective APR. But SBA loans need a lot more paperwork, take weeks or months to close, and require good personal credit plus a business plan. Kapitus will push you toward SBA if you qualify, because it's dramatically cheaper. They'll suggest MCA when you either don't qualify for SBA or can't wait that long.
Kapitus typically delivers MCA approvals within 24 hours and can fund within 1 to 2 business days of contract execution. SBA loans and commercial real estate loans take significantly longer, often 30 to 90 days. If same-day funding is essential, Kapitus may not be fast enough for the MCA product, and their SBA and commercial products definitely will not meet that timeline.
It depends on the product. MCA is the most lenient — low 500s can work if revenue is strong. SBA loans? 650 minimum, realistically. Equipment financing sits somewhere in between. Kapitus doesn't use a single FICO cutoff across the board. Their Helio platform evaluates credit score alongside revenue consistency and time in business. So a 540 score with \$60K/month in rock-solid deposits will qualify for an MCA but probably not an SBA loan.

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Important Merchant Cash Advance Disclaimers

  • A merchant cash advance is not a loan. It is a purchase of future receivables at a discount. Factor rates, not APRs, are used to express the cost of capital. Effective APRs on merchant cash advances can range from 40% to over 350% depending on the term and factor rate.
  • Repayment is typically collected daily or weekly via automatic ACH debits or a percentage of credit card sales. This means your repayment amount fluctuates with revenue but withdrawals occur every business day, which can strain cash flow during slow periods.
  • Most MCA agreements require a personal guarantee from the business owner. In the event of default, the MCA provider may pursue the owner's personal assets, including bank accounts and property.
  • MCA providers commonly file UCC-1 liens against your business assets. This lien may prevent you from obtaining additional financing until the advance is fully repaid and the lien is released.
  • Merchant cash advances are not regulated by federal lending laws such as the Truth in Lending Act (TILA). State regulations vary widely, and some states have limited consumer protections for MCA products.
  • Stacking multiple merchant cash advances (taking a second advance before the first is repaid) significantly increases the risk of default and can lead to aggressive collection actions including confessions of judgment in some jurisdictions.
  • Zogby does not provide merchant cash advances or business financing. We are an independent comparison service. We do not fund advances, process applications, or guarantee approval on your behalf.

This page is informational, not financial or legal advice. Talk to a qualified professional before making any big money decisions.

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We make money from some companies on this page. That doesn't change our rankings -- the editorial team scores every product independently, and the business side has no say in what we recommend.

Last Updated
March 7, 2026
Fact-Checked
March 5, 2026