Spartan Capital Review: Requirements, Pricing and a Direct Funder Alternative
Updated: Oct 27
Spartan Capital has accessible minimums and can fund larger amounts, so it is a reasonable place to get a quote. Pricing is where it pays to compare. Here is what Spartan is reported to offer and how 501 Advance compares.
Spartan Capital at a glance
Minimum credit score: 500
Minimum monthly revenue: $10,000
Maximum funding: up to $1,000,000
Reported factor rate: 1.52, with 12 month terms
Source: independently sourced criteria on LenderList, not yet confirmed by the lender. Criteria change, so confirm current terms directly with Spartan Capital.
Spartan Capital vs 501 Advance
Factor rates: Spartan 1.52 (reported) | 501 Advance as low as 1.25
Terms: Spartan 12 months | 501 Advance 3 to 12 months
On a $50,000 advance, the difference between a 1.52 and a 1.25 factor rate is $13,500 in total payback. Always compare the all-in cost before you sign.
See what you qualify for with 501 Advance
A direct funder with same-day approvals and funding in as little as 24 hours. A few minutes to apply, we do the rest. Pre-qualify in 60 seconds with no credit impact, or call (888) 860-6970.
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501 Advance is not affiliated with Spartan Capital. Spartan Capital is a trademark of its owner and is referenced here for comparison only. 501 Advance rates shown are starting rates; your offer depends on your file.
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