Begin the application


To begin the loan application process, review the terms, conditions and qualifications below and select Start Your Application. Once you complete this form, an AltCap team member will reach out to you to answer questions and talk you through the rest of the process. If you would like to speak to a team member first, contact

To qualify, applicants should:

  • Have sufficient cash flow to support a monthly loan payment

  • Have no bankruptcies in the past 24 months

  • Have no late payments on rent or mortgage within the past 12 months

  • Other restrictions may apply

Some features of AltCap microloans include:

  • Interest Rates range from 8 - 14%

  • Flexible loan terms

  • No pre-payment penalties

Fast Start Option

Need a quick infusion of capital to get your business started?  Have an immediate capital need to cover payroll or purchase a piece of equipment critical to a job or project?  For loans under $10,000, consider AltCap’s Fast Start loan application process, created to meet the immediate capital needs of entrepreneurs and small businesses. If interested, select Fast Start on your application.

To qualify for Fast Start, applicants should have: 

  • Credit score of 600 and above 

  • Debt-to-Credit (DTC) ratio <=50% 

  • Additional Source of Income (we will require the last 2 months’ worth of paystubs, and last 3 months’ bank statements as proof of income)

  • Sufficient cash flow to support monthly loan payment

  • No bankruptcies in the past 24 months  

  • No late rent or mortgage payments within the past 12 months

  • Other criteria may apply

Features of the Fast Start application process include:

  • Shorter processing time (24 - 48 hours) 

  • Interest Rates range from 8 - 14% 

  • Loan terms from 6 to 36 months 

  • No pre-payment penalties  

Required Documentation

After speaking with an AltCap staff member, you will be instructed to submit the following documentation. If you have questions or need assistance with any of the documents on this list, please contact AltCap’s Business Development Officers, Davin Gordon and Justin Ikerionwo.


Personal Documentation

1.  Two forms of ID (each signer) – One with picture other with name only

Business Documentation   

1.  Business Plan (if business is under one year in operation)

2.  EIN (Tax ID) Form 

3.  Articles of Organization / Incorporation                 

4.  Certificate of Good Standing

5.  Operating Agreement (for LLC) or By-Laws (for Corporations)

6.  Business Insurance/Liability Insurance

Financial Documentation   

1.  Two years of personal tax returns including all schedules and 1099s

2.  Two years of business tax returns including all schedules

3.  Income Statement, Balance Sheet, and Cash Flow Statement

4.  Year End of last fiscal year and up to date of Current Year

5.  Business Debt Schedule       

6.  Last three months of personal and business bank statements