Based in New York City, Imperial Advance is a financial service company that deals with providing working capital as well as small business lending. Major loan products of this company include revenue-based financing, commercial financing, business term loans, lines of credit, factoring, and merchant cash advances. Imperial Advance is approved with a California Lender License.
Platform partner, funding partner, customized partner, and referral partner programs are offered by this company. As a direct lending company, it does not include credit profiles in the criteria for approval of loans. For a streamlined processing flow, it makes use of custom-designed API capabilities, and it provides loans to business owners operating in almost all industries. Other types of loans comprise asset-based loans, pawn loans, personal loans, bridge loans and veteran business loans. Financing options are at times customized as per the requirement of each business owner. The term for a business-term loan can be from 4 to 24 months. The amount to be paid as monthly revenue is between 4 months and 24 months.
Better Business Bureau (BBB) had accredited the company with an A+ rating. Trustpilot in April 2019 gave this lender a rank of 67 out of 348 non-bank finance organizations, and a TrustScore of 9.4 out of 10.