CSG Lending — Frequently Asked Questions
Clear, straight answers about CSG Lending loans, lines of credit, equipment financing, eligibility, timing, and costs.
General
What types of financing does CSG Lending offer?
We provide four core solutions:
- Business Term Loan — lump sum with fixed repayments (6–48 months, rates from 1.6%*/year, $50k–$1,000,000).
- Business Line of Credit (LOC) — draw when needed, pay interest only on what you use (funding up to $15,000,000).
- CSG Lending Capital — working-capital lines for everyday needs (lines up to $10,000,000, from ~1%*/month).
- Equipment Financing — fund new or used equipment ($20,000 – $5,000,000, 12–60 months).
How fast can I get funded?
Many approvals fund as soon as the same business day after signing. For equipment deals, typical timing is 1–3 business days depending on vendor invoices and collateral filing.
What industries do you serve?
Most small and mid-size businesses: construction, transportation & fleet, manufacturing, medical, IT, retail & POS, services, and more. If you’re unsure, apply—our team will confirm eligibility quickly.
Eligibility
What are the baseline requirements?
- At least 6 months in business
- Minimum annual revenue of $40,000
- No bank debt in default or open delinquencies
- Active business bank account
Do you work with startups?
If you have fewer than 6 months in business, we can still review your application for select programs; however, funding options are most competitive once you’ve crossed 6 months with consistent revenue.
Does credit score matter?
Yes—credit profile helps determine the rate, term, and amount. We look at your business holistically: cash flow, deposits, industry risk, time in business, and any existing obligations.
Rates & Repayments
What are your rates and terms?
- Term Loan: rates starting at 1.6%*/year, terms 6–48 months, amounts $50k–$1M.
- Equipment Financing: terms 12–60 months, amounts $20k–$5M.
- LOC: pay interest only on drawn balance; funding up to $15M.
- CSG Lending Capital: from roughly 1%*/month, lines up to $10M.
How do repayments work?
Term loans and equipment loans have fixed payments on a weekly or monthly schedule. Lines of credit accrue interest only on what you draw; you can repay and redraw within your limit. We’ll show the full schedule before you sign—no surprises.
Are there prepayment penalties?
Early payoff discounts may be available on some programs. We’ll show your options plainly in your offer documents.
Documents & Funding
What documents will I need?
Typically: recent business bank statements (last 3 months), a government ID, and basic business info. Equipment deals may also need a vendor quote/invoice and equipment details (new/used, serials, etc.).
How long does approval take?
Many applications are decisioned the same day. If we need additional information, we’ll reach out quickly and keep the process simple.
How are funds delivered?
Most funds are sent via ACH to your business bank account. For equipment transactions, we typically pay the vendor directly after documents are signed.
Products
How is a Business Term Loan different from a Line of Credit?
A Term Loan is a one-time lump sum with a fixed schedule—great for defined projects or purchases.
A Line of Credit lets you draw, repay, and redraw—ideal for working capital, seasonality, and ongoing needs. You pay interest only on what you use.
What equipment can I finance?
Vehicles & fleet, heavy machinery, construction, manufacturing, POS & IT, and medical devices—plus many others. If it’s essential to your operations, we can likely finance it.
Do equipment loans require collateral?
The equipment generally serves as the primary collateral. Additional support may be requested on some transactions.
Credit & Security
Will applying impact my credit?
Pre-qualification uses a soft inquiry. If you proceed and accept an offer, a hard inquiry may be required prior to funding.
Is my data secure?
We use bank-level encryption and follow strict privacy and data-security practices. Your information is used only to evaluate and service your financing.
Support
How do I talk to a specialist?
Reach our team at support@csglending.com or start an application and choose “Talk to a Specialist.” We’ll follow up quickly.
Where do I start my application?
Begin here: csglending.com/apply. It takes just a couple of minutes.
Ready to see your options?
Applying is quick and won’t impact your credit to check eligibility.
*Rates shown are “as low as” and depend on your business profile, time in business, industry, cash flow, credit, collateral (if any) and other factors. Approvals, amounts, terms, funding speeds, and eligibility vary by applicant and jurisdiction.