| Key Takeaway | Summary |
|---|---|
| ⚡ Fast Funding | Everlasting Capital is known for quick approvals and funding that can be completed in as little as 24 hours after approval, making it appealing to businesses that need capital fast. |
| 💼 Flexible Financing Options | The company offers equipment financing and working capital solutions, positioning itself to offer numerous fast, cost-effective solutions for a variety of small business needs. |
| 🎯 Creative Financing Options | Everlasting Capital provides creative financing options through non-traditional underwriting, helping businesses that may not qualify for bank loans secure funding. |
| 📊 Wide Credit Acceptance | Businesses with bad credit, limited credit history, or excellent credit may qualify, though pricing typically improves with stronger credit profiles. |
| 🏭 Strong Fit for Certain Industries | The lender is commonly used by trucking, construction, and specialized service businesses that rely on equipment and steady cash flow. |
| 🤝 High-Touch Customer Experience | Reviews frequently highlight personalized support, professional agents, and a relationship-driven approach focused on outstanding customer experiences. |
| ⚠️ Potential Cost Considerations | While fast and accessible, working capital products—often structured as MCAs—can carry higher costs than traditional loans, making careful review essential. |
| ⭐ UCS Rating | United Capital Source rates Everlasting Capital 4.3 out of 5, recognizing its speed, service quality, and creative financing options, while noting its limited product range. |
Many small business owners discover that traditional financing from banks and credit unions does not always align with their needs. Long approval timelines, strict underwriting standards, and inflexible terms can make it difficult to secure capital when it is needed most. As a result, alternative business lending has emerged to fill the gap, offering faster, more accessible funding solutions designed for a wide range of financial situations.
Everlasting Capital is one such company that aims to provide small businesses with fast business funding options. While alternative lending can deliver speed and convenience, it often comes at a higher cost than traditional loans. For this reason, it’s essential for business owners to carefully evaluate any funding option to ensure it aligns with their goals, cash flow, and long-term strategy.
In this review, we’ll explain how Everlasting Capital works, including the available options, pros and cons, and application process, to help you decide if it’s right for your needs. Specifically, we’ll answer these questions and more:
Everlasting Capital is an alternative business financing company that provides working capital and equipment financing solutions to small businesses across the United States. It was founded in 2012 with a mission to provide accessible financing solutions. Since its launch, the company has positioned itself as a flexible funding partner for business owners who may not qualify for traditional bank loans or who need faster access to capital.
Everlasting Capital caters to various credit profiles and often approves funds in a few business days. Its financing solutions are designed to help businesses manage cash flow, purchase equipment, and support growth across a wide range of industries. Tailored financing options include equipment financing and small business loans, with some approvals made in days.
Everlasting Capital has over 40 employees with its main office situated in Rochester, New Hampshire. The company works with businesses in industries such as trucking, construction, professional services, and other service-based operations that benefit from quick, efficient access to funding.
Will Murphy and Josh Feinberg co-founded Everlasting Capital. The company’s origins are rooted in a modest, unconventional start that reflects its customer-focused approach to business lending. Everlasting Capital began when Josh Feinberg took a $3,000 loan from a pawn shop owned by Will Murphy. This experience gave the founders firsthand insight into the challenges small business owners face when traditional financing is out of reach.
Driven by a burning desire to build a more accessible alternative, the founders set out to create what they considered the number one source of practical business funding solutions. Their early goal was not scale, but consistency—delivering excellent service and world-class services to clients who often felt overlooked by banks. Over time, this philosophy evolved into a broader effort that the company describes as redefining lending, emphasizing speed, flexibility, and decisions supported by the highest level of industry expertise.
From those humble beginnings, Everlasting Capital steadily expanded its lending operations and industry reach. In 2017, Everlasting Capital ranked 323rd among the fastest-growing companies in the country, highlighting its rapid growth and increasing presence in the alternative lending space while maintaining a focus on service quality and operational expertise.
Everlasting Capital operates by connecting small businesses with financing solutions that are faster and more flexible than traditional bank loans. The application process is primarily online, allowing business owners to submit basic information and receive decisions quickly. Everlasting Capital focuses on fast approvals, short-term business funding, and flexible options for a range of credit profiles.
Everlasting Capital offers financing options ranging from $1,000 to $2,000,000. The company provides solutions for businesses that may not qualify for traditional bank loans, accommodating less-than-perfect credit. Funding from Everlasting Capital can take as little as 24 hours after approval, depending on the specific program and lender match.
Everlasting Capital offers equipment financing and leasing solutions designed to help businesses acquire essential machinery, vehicles, and tools without tying up working capital. Everlasting Capital provides funding up to $1.5 million for new and used equipment, with deferred payment options and up to 100% financing.
Equipment financing loans can stretch for up to 60 months, allowing businesses to spread costs over time. These programs are often used by companies in transportation, construction, and specialized service industries that rely heavily on equipment to operate and grow.
Everlasting Capital also provides working capital solutions, most commonly structured as merchant cash advances (MCAs). These products are designed to deliver fast funding for short-term needs such as payroll, inventory, marketing, or unexpected expenses. MCAs are not traditional business loans—they are business-to-business transactions where a merchant cash advance company purchases future receivables at a discount in exchange for an immediate cash advance.
Working capital loans and business cash advances are designed to cover daily operations, inventory, and essential expenses, typically with terms of 6 – 24 months. Because these products are based on future revenue rather than traditional credit metrics, they are often accessible to businesses with bad credit or limited operating history.
Qualification requirements at Everlasting Capital are generally more flexible than those of traditional lenders. While the exact criteria can vary by lender and product, the company evaluates factors such as time in business, revenue consistency, and overall cash flow.
Everlasting Capital requires businesses to have been operating for at least 3 months to be eligible for working capital loans. In addition, bank statements must show at least $6,000 in monthly deposits.
Credit score minimums are not publicly disclosed, suggesting the company evaluates applications on a case-by-case basis and considers both strong and less established credit profiles. For equipment financing, Everlasting Capital states it prefers credit scores of 650+, but considers all credit levels.
The company works with businesses regardless of their credit status, including those with bad or no credit. While this makes funding more accessible to more small businesses, borrowers with lower credit scores may receive higher rates than those with great credit.
Everlasting Capital is not a direct lender in all cases; instead, it works with a network of funding partners. This marketplace-style approach allows business owners to apply once and potentially receive multiple offers, increasing approval odds and creating opportunities to compare competitive offers. However, final loan terms, underwriting standards, and credit pull types can vary by matched lender.
Everlasting Capital primarily focuses on equipment financing and working capital solutions. While these are valuable products, some businesses may prefer lenders or marketplaces that offer a broader range of financing options.
Everlasting Capital is known for providing fast funding to support business growth and operational needs. Customer service at Everlasting Capital is frequently described as top-notch and professional. Feedback indicates a generally positive perception of the service, contrasting some reports of high costs and ethical concerns. Clients appreciate the direct, personalized attention from specific agents over time. Customer reviews suggest that the company offers efficient financing solutions for industries such as trucking and specialized services.
Everlasting Capital offers a business loan affiliate program that allows partners to earn commissions on funded deals. It states and can provide some of the best competitive market rates. ISOs and business loan brokers can sign up to join the partner program on the company’s website.
Everlasting Capital offers a streamlined small business loan application process that minimizes paperwork and speeds up funding decisions. The loan application process at Everlasting Capital is online, easy, and secure.
Business owners begin by completing a short online application through the Everlasting Capital website. This step requires basic business and financial information.
After applying, applicants typically speak with a representative to review their financial situation and discuss available financing options.
Approval for loans at Everlasting Capital can occur within a few hours, depending on the program and lender match.
Qualified applicants receive one or more financing offers and can review the terms before accepting a deal.
Once documents are finalized, funds may be deposited as quickly as the same or next business day.
After funding, repayment terms depend on the financing type selected. Equipment financing typically follows a fixed repayment schedule with monthly payments over the loan term. Working capital solutions, particularly merchant cash advances, are often repaid through frequent automatic deductions based on revenue.
Everlasting Capital offers automatic daily payments for its loans. Details regarding prepayment penalties, early payoff discounts, and renewal options are not clearly published, making it essential for borrowers to review their agreements carefully. Some working capital products may offer renewal opportunities once a portion of the balance has been repaid.
Everlasting Capital provides fast access to funding, flexible qualification standards, and personalized service. The company’s ability to work with a range of credit profiles makes it accessible to many small businesses. Its focus on efficient processes and high-touch client support contributes to a generally positive reputation among users.
Potential downsides include limited financing product variety and potentially higher costs compared to traditional loans. Because Everlasting Capital often operates as a broker, final loan terms and rates can vary by lender, which may create less consistency for borrowers.
Pros
Cons
Everlasting Capital appears to be a legitimate business funding company with over a decade of experience in the alternative lending industry. The company has an established operating history, a physical headquarters in Rochester, and a significant volume of customer reviews. Everlasting Capital is not a BBB Accredited Business, which may concern some consumers, but this does not necessarily indicate a lack of credibility.
Everlasting Capital reviews generally reflect a mix of positive experiences and common concerns associated with alternative lending. Everlasting Capital has a Trustpilot rating of 4.8 out of 5 based on customer reviews.
Positive feedback highlights the company’s ability to provide funding despite past credit issues stemming from its non-traditional underwriting process. Customer feedback highlights high-touch, personalized service and practical solutions for growing businesses. Many reviews emphasize quick funding, with clients sometimes receiving funds within a few days.
Negative reviews tend to focus on higher costs, aggressive sales tactics, or dissatisfaction with repayment structures. These concerns are common across the alternative lending industry, particularly for working capital products.
Everlasting Capital, or its lending partners, may deny a lending application for various reasons, such as poor credit or insufficient business history. Low revenue or inconsistent cash flow may also cause a denial.
If declined, the company should provide a written explanation. If not, or if you require more information, contact Everlasting Capital directly.
Fortunately, small business owners have many lender options to consider if Everlasting Capital isn’t the right fit. Online lenders typically offer similar equipment financing options and working capital loans.
Working with a small business loan marketplace (like UCS) enables you to apply to a network of lenders with a single application. You can then get guided support in choosing the best deal for your business.
You may be interested in one of the following small business loans:
Everlasting Capital may be a strong fit for small businesses seeking fast access to working capital or equipment financing, especially those with bad credit or limited operating history. Businesses that prioritize lower costs or a wider range of loan products may want to explore other financing options.
Based on the available information, we rate Everlasting Capital 4.3 out of 5. It’s a solid option for equipment financing and MCAs, but it lacks other small business financing products.
Disclaimer: The Everlasting Capital trademark is owned by Everlasting Capital Corporation, and its use herein is for reference purposes only, and it does not indicate sponsorship or endorsement by Everlasting Capital Corporation.
