Frequently asked questions
Is CELER Funding a lender?
No. We are a referral service. We look at what your business needs, then introduce you to independent lenders and funding companies that fit. The lender makes the credit decision and sets the terms.
Does it cost me anything?
No. We never charge you a fee. Lenders may pay us a referral fee when a deal closes, and that never changes the price they offer you.
Will applying hurt my credit?
Our intake does not pull your credit. Some lenders do a soft pull to pre-qualify you; a hard pull only happens if you choose to move forward with a specific lender, and they will tell you first.
What do I need to qualify?
Lenders in our network fund businesses with at least 1 year in business, $15,000 or more in monthly revenue and a credit score of 500 or higher, plus a business bank account. Each lender sets its own criteria, so apply even if you are close.
Can startups apply?
Most lenders in this market want some operating history. If you are just starting out, tell us anyway: equipment financing and some government-backed programs can work for newer businesses.
How fast can I get funded?
With some lenders in our network, approved businesses can be funded in as little as 4 hours. Speed depends on the product and the lender: government-backed loans take weeks. We tell you the realistic timeline before you apply.
Do you work in Canada and the US?
Yes. We work with businesses across Canada and the United States and match you with lenders licensed or active where you operate.
Do you offer personal or consumer loans?
No. We only help with business (commercial) financing.
See what your business qualifies for
Two minutes, no credit pull, no fee. We come back with real options from lenders that fit.