Swift Capital Reviews

Swift Capital
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About Swift Capital

Swift Capital, found online at SwiftCapital.com, is a company that says their goal is to help small businesses get the capital they need to grow and improve and remain the “engine of our economy.”   

How Does It Work?

According to their website, the goal of this company is to provide capital to small businesses fast, since the ability of a small business to get capital quickly can often be necessary to their continued operations. 

Unfortunately, traditional banks cannot give small businesses fast loans, because they are mired down with their traditional security and lending checks. Swift Capital, on the other hand, is able to quickly assess the strength of a business using their cloud computing software.

After you fill out their online application – which they estimate as just taking a few minutes - this technology will assess your business’ cash flow and health, rather than its credit score and collateral and can approve or deny businesses in just minutes.  

Businesses that are searching for loans of $10,000 or less that get approved can have their money wired to them in just one hour of being approved, while businesses looking for loans between $10,000 and $200,000 will require some additional paperwork and few extra days of processing. 

Cost/Price Plans

As with any lending company, there is no way to quote in currency what the loan will cost you, since it depends on the strength of your business, the amount of the loan you wish to borrow, and the length of the loan repayment schedule. 

That being said, the pricing for their loans can start as low as 9.9%, when dealing with a loan with an approximately a 6 month term, and repayment is generally made through daily automatic withdrawals taking from your business checking account.

These daily withdrawals are designed to still be “cash flow friendly” for your business, and if you choose and your business qualifies, you can also arrange weekly repayments instead of daily. 

Refund Policy

Since Swift Capital does not sell goods or services, they do not offer a Refund Policy, but they do offer something they call their Best Price Guarantee. 

This Guarantee promises that in the event your business is approved for a loan but prior to funding your business receives an approved offer from a competing lender at a lower rate, this website promises that they will lower the rate of your offer to beat their rate, and if they cannot, then they will pay the business $500.00. 

To be eligible for this Guarantee, however, the competing offer must be for equivalent terms, and the business must submit written proof of this approved agreement.  

Customer Service Contact Info

Customers who would like to speak to their Customer Service team about their questions, concerns, or complaints can do so by phone at 888-923-0007 or by email at [email protected]


Swift Capital is part of a new group of alternative lenders that specialize in providing small businesses with short term loans and which uses criteria other than a traditional credit score and credit report to determine whether or not to issue a business the loan they need.

Since they don’t run all the same filters and checks as a traditional large scale bank would, they have the ability to offer money much faster than a traditional institution, and the ability to get capital quickly can often be crucial to the survival of a small business.

However, as with all short term loans – whether personal or business – the tradeoff of fast money and not being reliant on credit means the interest rates you’ll receive will be higher. 

The bottom line, as described in an article published by the Wall Street Journal, is that people must determine what option best suits the needs of their company – a fast loan with a higher interest rate that needs to be repaid more quickly, or a traditional loan that is harder to secure but comes with a lower interest rate and a longer payback period. 

Competitors and Alternatives?

There are many other companies and lenders that are willing to work with small businesses, depending on what you qualify for and what your personal needs are, including companies like LendVantage, LoanMe, Fundera.com, Kabbage.com, and many others.  

If you have experience with this company or their products, please leave your Swift Capital reviews below.

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