Currency Capital Equipment Loans Review
Rates, Credit Score - Express Finance

Receive personalized loan offers through PrimeRates’ quick and simple pre-application online process.

Currency Capital Equipment Financing Review

Whether you’re the owner of a brand new business and are looking for your first pieces of equipment, or you’re looking to replace a few items or expand an already-established business, you might need to take out a loan to finance these expenses. That’s where Currency Capital comes in. This service can connect interested small businesses to equipment financing options as low as $5,000 and funding as high as $2,000,000.

Currency Capital Equipment Loan Rates & Terms

Loan Amount: $5,000 - $2 million
APR Range: 6.00% - 24.00%%
Time to Fund: As early as same day
Loan Term: One to five years
How To Qualify: 620+ Personal Credit Score
$120,000+ Annual Revenue
Great Option For: Large Equipment Financing
Competitive Interest Rates
Click “Check Rates” to apply to Currency Capital 

  • APR range: Currency Capital’s annual percentage rates range between 6% and 24%.
  • Available loan terms: This platform’s repayment terms start at one year with a maximum term of five years.
  • Loan amounts: Currency Capital offers loans starting at $5,000, with a maximum amount of $2,000,000.
  • Time to fund: A loan with Currency Capital can fund in as little as 24 hours following approval.
  • Origination fee: Currency Capital may charge no origination fee, or a fee of up to 5%, depending on the applicant’s financial qualifications.
  • Credit needed: Applicants must have a credit score of at least 620 in order to qualify.
  • Income needed: To be eligible for a loan through this platform, your business should have annual revenue above $120,000.
  • Soft Credit Check? Currency Capital only takes a soft pull of your credit, meaning that sending an application won’t affect your credit score.
  • Best for: Currency Capital connects borrowers with lenders offering equipment financing across a wide range of amounts, rates, and repayment terms. Their loans are best for small business owners looking to make large equipment purchases.

What Is Currency Capital?

Currency Capital is an online loan-matching service that connects prospective borrowers to lenders offering quick cash and large loans, at relatively reasonable rates.

How Does Currency Capital Financing Work?

Currency Capital works by connecting borrowers with a number of affiliate lenders who offer products to fit their equipment financing needs. By requiring just one application to gain access to a wide variety of lenders, Currency Capital simplifies the borrowing process and helps business owners evaluate a range of offers without having to put in the time that it would normally take to apply for a traditional bank loan.

Benefits of Currency Capital

  • Short time to fund, with many loans under $150,000 becoming available within as little as 24 hours
  • Easy, online application
  • Access to a wide variety of lenders
  • Lower APRs than many of its competitors
  • Small businesses with low annual revenues can qualify
  • Large loans to fit a range of equipment financing needs
  • No hard credit check during the initial application phase
  • Streamlined underwriting process for loans under $150,000

Drawbacks of Currency Capital

  • Personal guarantee required for owners with at least 10% ownership
  • Purpose limited to equipment purchases, so the loans cannot be used for any other business-related expenses
  • Potential for a variety of fees including origination, document fees, UCC filing fees, inspection, and titling fees

How To Apply for a Currency Capital Equipment Loan

With Currency Capital’s easy, online application, you’ll have a loan decision within just three minutes. On the application, you’ll need to share information about your business, including its age, industry, and monthly revenue.

Additionally, you’ll need to share how much funding you’re applying for as well as your contact information. If you qualify for a loan, you’ll immediately be connected to a representative from the company to finalize the offer.

Once you’ve accepted and finalized the offer, you’ll need to send the company a copy of your bank statements and proof of ownership.

If your loan is under $150,000, it will usually be made available within just 24 hours. Larger loans, however, may take a few more days to fund.

Express Finance by Currency Capital

The Express Finance service through Currency Capital allows borrowers to access their funds through a virtual Visa debit card, further streamlining the borrowing process. This option not only makes accessing funds easier than through a traditional bank loan or ACH transfer, but it also speeds up the time in which a borrower can access their financing, further cutting down on an already-short wait to use the funds.

What You Need To Apply:

Before applying for a Currency Capital loan, you’ll need to have a few documents and pieces of information on hand.

If the funding you’re applying for is less than $150,000, you’ll need to provide an equipment quote to finalize the funding. For larger loans, you’ll need to send three months of bank statements, two years of business tax returns, profit and loss statements, a balance sheet, a debt schedule, and an exact equipment quote.

Is Currency Capital Legit?

Although Currency Capital does have an A+ rating with the Better Business Bureau (BBB), it has only been rated 2.5 stars by reviewers. The company is accredited, but potential borrowers should make sure to carefully consider each element of their agreement before deciding to take a loan through this company.

Currency Capital Complaints & Solutions

Many of the formal complaints lodged against Currency Capital are regarding excessive telephone calls or attempts to contact the applicant. Another reviewer complained that the lender took too much money from their account and that they were not aware that this would be the case. Currency Capital has responded to some of the formal complaints against it by forwarding reviewers to its live customer service telephone number and email address.

How Does Currency Capital Compare? Vs Credibility Capital & Funding Circle Equipment Loans




Funding Options APR Range/Loan Amount How To Qualify Great Option For
Credibility Capital 

APR Range:
$50,000 - $400,000
10.00% - 25.00%
How To Qualify:
650+ Personal Credit Score
$150,000+ Annual Revenue
1.5+ Years In Business
Great Option For:
Borrowers With Good Credit
Established Businesses
Funding Circle 

APR Range:
$25,000 - $500,000
7.40% - 36.00%
How To Qualify:
620+ Personal Credit Score
No Minimum Annual Revenue
2+ Years In Business
Great Option For:
Established Businesses, Not Sole Proprietors
Good Personal Credit
Currency Capital 

APR Range:
$5,000 - $2 million
6.00% - 24.00%
Loan Term:
620+ Personal Credit Score
$120,000+ Annual Revenue
6+ Months In Business
Great Option For:
Equipment Purchases - Quick Funding

vs Credibility Capital

Credibility Capital offers a smaller range of loans than Currency Capital, with financing ranging between $50,000 and $400,000. While their annual percentage rates are comparable, the lender’s loan terms are more limited due to the lower maximum loan amount, with terms reaching three years at most.

vs Funding Circle

Funding Circle is an online peer-to-peer lender that connects borrowers with loans of up to $500,000. The company functions similarly to Currency Capital in its application process but has a slightly higher maximum APR and slower average time to fund.

Currency Capital Locations in the United States

Currency Capital’s office is based in Los Angeles, California.

Compare All Equipment Loans

If you’re in the market to purchase or lease new equipment and want more information, PrimeRates offers thorough reviews of several other lenders that can help you fund your equipment-related expenses. Even if you have low credit or are the owner of a new business, you may still be able to find the right funding option to finance the equipment purchases that you’re looking for.  It’s important to take the time to understand all of your financing options before deciding on the loan that’s right for you.

How PrimeRates Works

PrimeRates provides access to personalized business loan offers through our simple and quick pre-qualification application. Once you're pre-qualified, you can select the best offer for you and finalize the business loan application with the lender.

  • Number Icon-1 50x50

    Apply in minutes

    Our simple application takes less than 5-7 minutes to complete.

  • Number Icon-2 50x50

    Select your business loan offer

    Choose the offer that best fits your needs by comparing loan amounts and terms.

  • Number Icon-3 50x50

    Receive funds quickly

    Finalize your loan offer with the lender you selected to receive your funds.


Ready to find the funding you need?

Top Business Loan Articles

  • LLC Business Loans

  • Long Term Business Loans: 3, 5, 10

  • Payroll Deduction Loans

  • Small Business Loans For Bad Credit

  • Currency Capital Loan Review

  • Fundera Business Loan Review

  • Business Auto Loans

  • Emergency Small Business Loans

  • Merchant Cash Advance Loans (MCA)

  • Funding Circle vs LendingClub

  • Best Small Business Loans - Compare

  • Largest & Top Small Business Lenders

  • SBA Business Line of Credit

  • Unsecured Small Business Acquisition Loans

  • Best Small Business Loans For Women

  • Unsecured No Collateral Business Loans

  • Best Food Truck Financing Options

  • Small Business Loans For Medical Practices

  • FundBox Small Business Loans Review

  • BlueVine Small Business Loan Review

Scroll to Top