Frequently Asked Questions

What types of equipment do you finance?

We don’t limit by industry or size. If you’re interested in equipment for business purposes, we’d love to help you out. We can finance everything from technology to bulldozers to restaurant equipment.

Equipment Financing

What types of equipment do you finance?

We don’t limit by industry or size. If you’re interested in equipment for business purposes, we’d love to help you out. We can finance everything from technology to bulldozers to restaurant equipment.

How do I apply?

To get started today, fill out our brief online application or call a Client Advocate at 877.822.1333.

Equipment Financing

How do I apply?

To get started today, fill out our brief online application or call a Client Advocate at 877.822.1333.

What do I need to apply?

A dedicated Client Advocate is here to answer any questions you might have, but eventually you’ll need: 1. Application 2. Last 3 months of business bank statements 3. Quote on the equipment you’d like to purchase.

Equipment Financing

What do I need to apply?

A dedicated Client Advocate is here to answer any questions you might have, but eventually you’ll need: 1. Application 2. Last 3 months of business bank statements 3. Quote on the equipment you’d like to purchase.

How do the payments work?

A fixed dollar amount is deducted from your business bank account on your respective payment due date, which you determine at the beginning of your loan. Many people prefer to pay via a monthly invoice through the mail. You can continue to make payments over the term of your loan, or pay it back sooner if you’d like. The repayment process is up to you.

Equipment Financing

How do the payments work?

A fixed dollar amount is deducted from your business bank account on your respective payment due date, which you determine at the beginning of your loan. Many people prefer to pay via a monthly invoice through the mail. You can continue to make payments over the term of your loan, or pay it back sooner if you’d like. The repayment process is up to you.

What are your rates?

Equipment loan rates start at 5.99% and are based on a number of factors. Some of those include business credit, personal credit of owners, equipment cost, time in business, type of collateral, and length of financing term, for instance. For a more detailed explanation, reach out to us today at 877.822.1333.

Equipment Financing

What are your rates?

Equipment loan rates start at 5.99% and are based on a number of factors. Some of those include business credit, personal credit of owners, equipment cost, time in business, type of collateral, and length of financing term, for instance. For a more detailed explanation, reach out to us today at 877.822.1333.

What are the terms?

Funding ranges up to $500,000 and terms from 3 to 60 months. tento also offers payment streams monthly, quarterly, annually, semi-annually, and seasonally. Ask your Client Advocate what unique options are available for your business.

Equipment Financing

What are the terms?

Funding ranges up to $500,000 and terms from 3 to 60 months. tento also offers payment streams monthly, quarterly, annually, semi-annually, and seasonally. Ask your Client Advocate what unique options are available for your business.

What information do I need to apply for a working capital loan?

Your Client Advocate will guide you through the process, but you should be ready to provide: 1. Application 2. Your most recent business tax return 3. 6 months of bank statements (all pages)

Working Capital

What information do I need to apply for a working capital loan?

Your Client Advocate will guide you through the process, but you should be ready to provide: 1. Application 2. Your most recent business tax return 3. 6 months of bank statements (all pages)

What types of businesses do you finance?

We fund a variety of industries, including but not limited to: Retail, Construction, Manufacturing, Restaurants, eCommerce, among others

Working Capital

What types of businesses do you finance?

We fund a variety of industries, including but not limited to: Retail, Construction, Manufacturing, Restaurants, eCommerce, among others

How can I use the money?

When you get a loan through tento, the money is for you to use however you’d like. We provide unrestricted use of funds, so your purchases are up to you.

Working Capital

How can I use the money?

When you get a loan through tento, the money is for you to use however you’d like. We provide unrestricted use of funds, so your purchases are up to you.

How do I apply?

You can fill out our brief online application or call a Client Advocate at 877.822.1333.

Working Capital

How do I apply?

You can fill out our brief online application or call a Client Advocate at 877.822.1333.

What factors do you consider for a working capital loan?

Working capital programs are based on a number of factors which can include: business credit, personal credit of owners, time in business, and length of financing term, to name a few. For a more detailed explanation, please contact a Client Advocate today at 877.822.1333.

Working Capital

What factors do you consider for a working capital loan?

Working capital programs are based on a number of factors which can include: business credit, personal credit of owners, time in business, and length of financing term, to name a few. For a more detailed explanation, please contact a Client Advocate today at 877.822.1333.

What is Total Interest Percentage?

Total Interest Percentage calculates the total amount of interest you pay as a percentage of your loan amount. For shorter terms (24 months or less), Total Interest Percentage lets you easily see the total payback amount of your loan. For example, if you have a $10,000 loan with 8% Total Interest Percentage, you will pay $800 in interest, and your total payback amount will be $10,800. If you have a loan of $1,000 at 8%, you will pay $80 in interest, for a total payback amount of $1,080.

Working Capital

What is Total Interest Percentage?

Total Interest Percentage calculates the total amount of interest you pay as a percentage of your loan amount. For shorter terms (24 months or less), Total Interest Percentage lets you easily see the total payback amount of your loan. For example, if you have a $10,000 loan with 8% Total Interest Percentage, you will pay $800 in interest, and your total payback amount will be $10,800. If you have a loan of $1,000 at 8%, you will pay $80 in interest, for a total payback amount of $1,080.

What are my payment options?

Repayment is tailored to your specific needs. Available payment due dates are monthly, weekly, and daily from 3-18 months. Ask your Client Advocate how payment options can be customized for your business.

Working Capital

What are my payment options?

Repayment is tailored to your specific needs. Available payment due dates are monthly, weekly, and daily from 3-18 months. Ask your Client Advocate how payment options can be customized for your business.

What are the rates and payment options?

Our loans terms range 3-18 months with total interest percentage starting at 5.99%. We typically collect payments via a weekly ACH, but monthly and daily are also available.

Working Capital

What are the rates and payment options?

Our loans terms range 3-18 months with total interest percentage starting at 5.99%. We typically collect payments via a weekly ACH, but monthly and daily are also available.

What are your rates?

Our working capital rates start at 5.99%, and we can fund up to $500K. Your interest rate depends on a number of factors, including FICO score, revenue, years in business, and other factors. We search across fifty lenders to find you the lowest rate on the market.

Working Capital

What are your rates?

Our working capital rates start at 5.99%, and we can fund up to $500K. Your interest rate depends on a number of factors, including FICO score, revenue, years in business, and other factors. We search across fifty lenders to find you the lowest rate on the market.

Why use a loan when I can pay in full?

Loans allow your business to make smaller installment payments rather than outlay a large chunk of cash. The process helps manage all important cash flow and delivers predictability into your monthly expenses. There’s also a variety of tax benefits eligible for qualifying purchases.

General

Why use a loan when I can pay in full?

Loans allow your business to make smaller installment payments rather than outlay a large chunk of cash. The process helps manage all important cash flow and delivers predictability into your monthly expenses. There’s also a variety of tax benefits eligible for qualifying purchases.

How is tento different than a bank?

Getting approved for a bank loan can take weeks, require large down payments with restrictive covenants, and over-collateralize your business assets. tento’s financing is typically deployed in hours, requires no down payment, and no additional collateral. We work with loans every day, and our experienced Client Advocates are ready to assist with your goals.

General

How is tento different than a bank?

Getting approved for a bank loan can take weeks, require large down payments with restrictive covenants, and over-collateralize your business assets. tento’s financing is typically deployed in hours, requires no down payment, and no additional collateral. We work with loans every day, and our experienced Client Advocates are ready to assist with your goals.

How is tento different from other lenders?

tento is faster than a bank and more efficient than a merchant cash advance. We can deliver approval decisions within two hours of receiving your application, and we consider the whole picture of your business - not just your credit score. We want to know how your business operates and what loan will serve you best.

General

How is tento different from other lenders?

tento is faster than a bank and more efficient than a merchant cash advance. We can deliver approval decisions within two hours of receiving your application, and we consider the whole picture of your business - not just your credit score. We want to know how your business operates and what loan will serve you best.

Is my information secure?

Yes. We take our privacy policy very seriously and never share your information. To learn more about how we keep your information secure, you can read our privacy policy here.

General

Is my information secure?

Yes. We take our privacy policy very seriously and never share your information. To learn more about how we keep your information secure, you can read our privacy policy here.

Do you pull my credit?

We pull personal credit, but do so with a soft inquiry as to not impact your FICO score. Our goal is to enhance your credit, not hurt it.

General

Do you pull my credit?

We pull personal credit, but do so with a soft inquiry as to not impact your FICO score. Our goal is to enhance your credit, not hurt it.

Do you fund startups?

Yes, we are typically able to offer equipment loans to startup businesses.

General

Do you fund startups?

Yes, we are typically able to offer equipment loans to startup businesses.

Is there an obligation to apply?

No, there is no obligation to apply. If you’d like to speak with a Client Advocate obligation-free, we’d love to discuss the loan options available for your business.

General

Is there an obligation to apply?

No, there is no obligation to apply. If you’d like to speak with a Client Advocate obligation-free, we’d love to discuss the loan options available for your business.

Is this going to be difficult?

No. Loans are typically approved within 2-4 hours, and funding happens within 1-2 business days. We’ve engineered a solution to traditional financing that makes the process as simple and easy for you as possible. What used to take weeks now takes minutes and hours. Our Client Advocates are here to assist you free of charge.

General

Is this going to be difficult?

No. Loans are typically approved within 2-4 hours, and funding happens within 1-2 business days. We’ve engineered a solution to traditional financing that makes the process as simple and easy for you as possible. What used to take weeks now takes minutes and hours. Our Client Advocates are here to assist you free of charge.

How long is the process?

Typically, our approval decisions are made within 2-4 hours of receiving an application, and funding 1-2 days after receiving signed documentation. We know your business needs funding sooner than later, and we’re not here to waste your time.

General

How long is the process?

Typically, our approval decisions are made within 2-4 hours of receiving an application, and funding 1-2 days after receiving signed documentation. We know your business needs funding sooner than later, and we’re not here to waste your time.