| Takeaway | Details |
|---|---|
| 🏦 What Olympus Business Capital Is | A Utah-based alternative lender offering fast working capital and equipment financing, primarily serving small businesses and those with poor credit. |
| ⚡ Fast Funding | Provides same-day funding on approvals, with business loans available up to $250,000. |
| 📉 Flexible Qualifications | Requires 12+ months in business and at least $10K in monthly revenue; accepts poor credit and performs only a soft credit pull. |
| ⚙️ Funding Products | Offers small business loans and equipment financing, both with flexible terms and early buyout options. |
| 🌐 Availability Limitations | Operates in all US states except California; not available in US territories or internationally. |
| ❗ Transparency Concerns | The website lacks detailed rate and fee information, making comparisons with competitors difficult. |
| ⭐ Customer Feedback | Limited online reviews; available feedback highlights fast service but notes confusion with similarly named companies. |
| 📊 UCS Rating | United Capital Source Rating: 3 out of 5 based on limited transparency and narrow product offerings. |
Small business owners often struggle to obtain traditional bank financing due to strict credit requirements, long underwriting timelines, and documentation-heavy approval processes. Many banks prioritize large corporations with strong financial histories, leaving everyday small businesses without the working capital required for operations or business growth. As a result, alternative business lending platforms have become essential financial resources for businesses seeking faster access to funds.
Lenders like Olympus Business Capital aim to fill this gap by offering quick approvals, same-day business funding, and more flexible qualifications than conventional business loans. However, while fast business funding can be helpful, it is still essential for business owners to carefully evaluate any lender before accepting financing. Understanding the company’s products, terms, reputation, eligibility requirements, and post-funding obligations is essential for choosing the right partner.
In this review, we’ll explore how Olympus Business Capital works, including the available options, pros and cons, and the application process, to help you decide if it’s right for your needs. Specifically, we’ll answer these questions and more:
Olympus Business Capital is an alternative small business funding company offering fast working capital solutions for U.S. based businesses. The company is headquartered in Utah and operates as a lending platform focused on speed, flexibility, and accessibility. Its mission is to help companies that may not qualify for traditional financing gain access to the money they need to support operations or business expansion.
Olympus Business Capital primarily serves small businesses needing quick access to working capital and equipment financing. It works with companies in a wide range of industries, including retail, transportation, hospitality, construction, and professional services. The company highlights expertise in assisting businesses that may struggle to obtain conventional bank loans, including those with cash flow challenges or lower credit scores.
Olympus Business Capital specializes in providing funding to businesses with bad credit. Its website states that it evaluates risk based on overall business performance rather than relying solely on a credit score. This approach allows more individuals and companies to meet the qualifications set by traditional lenders.
Olympus Business Capital provides streamlined, fast-access business funding through an online small business loan application and a rapid underwriting process. Applicants submit basic business information, bank statements, and identification, after which the company reviews the data to verify eligibility. In many cases, approved clients can receive a deposit the same day.
Olympus Business Capital offers business loans up to $250,000. The lender provides a streamlined approval process, flexible repayment terms, and a focus on user experience, helping businesses navigate the platform without unnecessary delays.
Olympus Business Capital provides business loans that can be used in a variety of ways. Its loan options offer flexible terms, including custom payment plans and generous early buyouts. Olympus Business Capital’s business loan interest rates can range from 8% APR, depending on various risk factors.
Below is a closer look at its main funding options.
Olympus Business Capital offers small-business term loans for working capital needs, including payroll, inventory purchases, rent, marketing, and unexpected expenses. These loans provide access to funds quickly, with minimal documentation compared to traditional bank loans. Borrowers can use the money at their discretion, giving them the flexibility to meet ongoing operational needs or pursue growth initiatives. Terms go from 3 months to 3 years.
Terms vary depending on business performance, deposit history, and overall financial stability. Olympus emphasizes custom repayment schedules designed to align with a business’s cash flow. Borrowers may also receive options for early payoffs, which can reduce total loan costs if paid ahead of schedule. This makes the product appealing to businesses that want short-term financing with fewer restrictions.
Olympus Business Capital offers equipment financing to help businesses acquire the equipment they need quickly. This option is intended for companies that require machinery, vehicles, tools, or technology essential to day-to-day operations. Instead of paying for equipment outright, the financing allows a business to spread the cost over time. Terms range from 3 months to 4 years.
The equipment serves as collateral for the financing, reducing the company’s risk and expanding access for clients who may not qualify for traditional equipment loans. Olympus promotes flexible terms, fast approvals, and early buyout options that can help businesses save money if they choose to pay off equipment earlier than scheduled.
Olympus Business Capital states that it has more flexible qualifications than banks and many online business loan lenders. The company doesn’t set a minimum business loan credit score requirement, but indicates that it accepts poor credit. Instead of prioritizing a borrower’s credit score, the underwriting team evaluates business revenue, deposit consistency, and overall financial health.
Applicants must meet two primary requirements:
The minimum qualifications for approval with Olympus Business Capital include being in business for at least 12 months and generating at least $10,000 in monthly revenue.
The company allows all industries to apply, including higher-risk sectors such as restaurants, trucking, construction contractors, and seasonal businesses. Because the approval process is based on business performance rather than personal credit, it may be accessible to borrowers who have been denied elsewhere.
While Olympus Business Capital offers fast approvals and easy business loan options, potential borrowers should understand several essential aspects of the service. First, the company’s website provides limited information about funding products, rates, fees, or repayment structures. This lack of transparency can make it challenging to compare Olympus with other online lenders. Businesses may need to speak directly with an account manager to obtain accurate, up-to-date details. This limited website information is a recurring point in client reviews and complaints, and it may affect how individuals choose a lender.
There are no fees to apply for financing with Olympus Business Capital. Olympus also clarifies that applying for the funding with Olympus Business Capital does not affect a client’s credit score due to a soft credit pull. This helps clients navigate the initial process without fear of harming their credit.
Availability is another key factor. Olympus Business Capital funds businesses in all US states except for California, with plans to include it soon. The site indicates that availability in California is expected to launch at a later date. The company does not offer funding in US territories, such as Puerto Rico, or in international locations, including Canada and other countries.
The lender’s overall online reputation is difficult to evaluate due to limited customer reviews, testimonials, and third-party ratings. The company maintains profiles in business directories, but the scarcity of published feedback means potential borrowers have fewer resources to verify the company’s reliability, service quality, or long-term client satisfaction.
Another consideration is the potential for confusion with other entities. Olympus Business Capital has a name similar to that of companies such as Olympus Business Lending and Olympus Capital. These businesses are unrelated, but their similar names may make it challenging to isolate accurate reviews, data, and complaints specifically tied to Olympus Business Capital. Care should be taken to verify which company a review or complaint is referring to.
Olympus Business Capital offers a business affiliate program and a partnership program for equipment financing. ISOs, business loan brokers, and equipment dealers can sign up on its website.
Olympus Business Capital uses a straightforward application process that allows applicants to submit basic business information online. Most approvals occur quickly, and an account manager helps guide clients through every step.
Below is a step-by-step guide to applying.
Applicants begin by filling out the simple online form on the company’s site. This requires basic information such as business name, contact information, monthly revenue, and time in business.
After submitting the initial form, applicants upload supporting documents. This typically includes photo identification and three to six months of business bank statements to verify performance and stability.
Once documents are submitted, an account manager reviews the information and contacts the applicant to discuss offers. During this step, clients can ask questions, verify costs, and better understand the process.
If approved, the client receives a financing agreement outlining terms, repayment details, and deposit instructions. After reviewing the agreement, the client signs electronically.
Upon signing, funds are deposited directly into the business bank account, sometimes within hours.
After receiving funding, repayment generally begins quickly. The website indicates that most repayment structures involve ACH withdrawals from the business bank account. Term lengths vary depending on revenue, risk, and loan type. The company states that there are no early-payment penalties for term loans and that equipment financing includes early buyout options.
Olympus Business Capital is willing to work with businesses on specific arrangements if they cannot make a payment. This may include modified payment plans, temporary adjustments, or discussions with the account manager to evaluate available options. Renewal options may also be available for returning clients who meet updated performance criteria.
Olympus Business Capital offers several advantages, particularly for businesses seeking fast access to funds. The company’s same-day funding helps businesses that need money urgently for payroll, equipment purchases, or operational expenses.
The lender works with borrowers with lower credit scores, expanding access to those who may not qualify for bank loans. Flexible repayment terms and early buyout options give clients more control over costs.
The soft credit pull during the application process helps applicants verify eligibility without affecting their credit scores. In addition, Olympus’s willingness to customize repayment structures and its partnership programs for brokers and equipment dealers adds convenience for various business needs.
The primary drawback of Olympus Business Capital is its lack of transparency. The website provides limited information on rates, terms, fees, and underwriting guidelines, making it difficult to compare with other lenders.
The company’s limited online footprint and minimal reviews also make it hard to evaluate its long-term reliability. Because the lender is not available in California and does not operate outside the US, geographic restrictions may prevent some businesses from applying.
Confusion with similarly named entities, such as Olympus Capital and Olympus Business Lending, may also make it challenging to research reviews or complaints. Additionally, borrowers may prefer lenders with more robust disclosures or established reputations.
Pros:
Cons:
Olympus Business Capital appears to be a legitimate funding company based on its website, business registration information, and public profiles. The company operates in the US, complies with applicable industry requirements, and provides clear contact information.
However, because it offers limited published data on pricing, fees, and underwriting standards, business owners should verify all aspects of their agreement before signing. Clients should also ensure they are reviewing the correct company, as names similar to Olympus Capital may create confusion.
Overall, reviews of Olympus Business Capital are limited, making it more challenging to assess client satisfaction. The available reviews and responses emphasize the company’s fast funding process, supportive account managers, and simple qualification requirements. Many published comments highlight how the lender helped businesses secure financing when bank loans were unavailable.
Positive reviews often focus on the helpful customer service, fast deposit times, and reliable communication. Clients appreciate the assistance provided throughout the process and report that the platform is easy to navigate. Several reviewers mention that the company worked with them directly to verify information, explain the process, and ensure an accurate understanding of loan terms. Business owners also note that the experience felt professional and that the company delivered the funding on the promised date.
Negative reviews typically discuss the lack of transparency on the site and the difficulty of comparing costs with other lenders. Some individuals express concerns about unclear aspects of their loan agreements or confusion caused by similarly named lenders, such as Olympus Capital. Others report that the limited published reviews made it harder to understand what to expect. Some complaints mention that they hoped for more detailed explanations or that they did not receive a response as quickly as anticipated during specific steps.
Olympus Business Capital may deny an application for various reasons, such as failure to meet its time-in-business or revenue requirements. Additionally, it doesn’t set a minimum credit score, so while the lender encourages bad-credit borrowers to apply, a very low score could still result in a denial. Most bad credit business loan lenders set cutoffs between 450 and 550. The lender cannot guarantee approval.
If you applied and were declined, the denial letter should explain the reasons why. If not, or if you require more information, contact Olympus directly.
Fortunately, small business owners have diverse lender options to consider if Olympus isn’t the right fit. Many lenders provide funding options for everything from daily working capital management to expansion projects.
Working with a small business loan marketplace (like UCS) allows you to apply to a network of lenders with a single application and receive multiple offers with transparent rates and terms. A lending expert can then help you select the best deal for your business needs and goals.
You may be interested in one of the following small business loans:
Olympus Business Capital may be a suitable solution for small businesses seeking fast access to working capital or equipment financing. Its flexible qualifications, same-day funding, and willingness to work with poor credit make it accessible to many businesses that struggle with traditional underwriting. The availability of a personal account manager can also provide clarity during the application process.
However, businesses that prioritize transparency, detailed cost information, or robust online reviews may want to consider alternatives. The limited website content, lack of published data, and minimal third-party reviews make it harder to assess the company’s long-term reliability. Companies in California or outside the US will also need to look elsewhere due to geographic restrictions.
Overall, Olympus Business Capital can assist businesses that need fast money and prefer a streamlined platform with fewer requirements. Those wanting more detailed disclosures or a broader range of funding options may benefit from exploring additional providers.
Based on the available information, we rate Olympus Business Capital 3 out of 5. It may be suitable for businesses seeking quick funding, but the limited loan options and lack of transparency are significant concerns.
Disclaimer: The Olympus Business Capital trademark is owned by Olympus Lending, LLC., and its use herein is for reference purposes only, and it does not indicate sponsorship or endorsement from Olympus Lending, LLC.
