QuarterSpot Reviews
Learn more about QuarterSpot loans with customer reviews, loan options, and commonly asked questions.
Updated on June 29th, 2022
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QuarterSpot is a small business lender that provides fast loans to businesses that need a quick injection of capital to purchase new equipment, hire new employees, or make another investment to continue their growth.
Loan Options:
QuarterSpot does not list loan rates and information on their website. If you begin the loan application process online, they will recommend loan amounts and rates that suit your business' situation.
Review:
Pros: No penalties for early repayment. Credit score is less important than banking history.
Cons: No online portal/dashboard for managing loans.
Bottomline: QuarterSpot make it easy for small business borrowers with a less-than-excellent credit score to access funding.
Key Information:
Legal Name | Quarterspot, Inc. |
Founder | |
Founding Date | Apr 01, 2011 |
Address | 2751 Prosperity Avenue, Suite 330, Fairfax, VA 22031 United States |
Number of Employees | 100 |
Number of Customers | 99 |
Telephone | |
Website |
FAQs:
Is QuarterSpot a good company?
QuarterSpot doesn't charge penalties for early repayment.
How do I apply for a QuarterSpot loan?
You can start your application by going to QuarterSpot's homepage and clicking "Apply Now."
How long does it take to apply for a QuarterSpot small business loan?
You can complete the initial part of the application in a few minutes. After you qualify, the QuarterSpot team will verify your information and give you a formal approval.
What is the length of QuarterSpot's term loans?
Terms for QuarterSpot loans are 9, 12 or, 18 months.
What are QuarterSpot's loan requirements?
QuarterSpot requires your businesses to be at least one year old with an annual revenue of $100,000.00, an average daily bank balance of $2,000.00, and at least 10 sales per month. You need a credit score of 550 or more.