Is there an application fee?

There is no charge for the application, and there's no obligation, even after approval has been issued.
How does the application process work?

The process is straightforward. Approval can be obtained using just a one-page application along with the business's bank statements from the latest three months. (Residents of New York (NY) and California (CA) must also upload a 4th bank statement.)
How long does it take?

This process moves at your pace. Upon qualification, we can deposit funds into your account within hours of receiving your application. Contact an account executive today!
What if I currently have an outstanding business loan?

Our loans are structured to complement existing traditional financing. After receiving approval, our financial support will not interfere with your other commitments.
What are the possible uses for funding from WOTR Enterprise?

You can utilize our financing for any business need, such as equipment financing, renovations, paying off debts, or just for business growth and expansion. The choice of how to spend the funds is entirely up to you, ensuring it benefits your business the best.
What is the cost of the financing?

Every business is distinct, receiving a tailored quote that reflects its specific needs and circumstances. To discover the amount for which your business is eligible and the related costs, just reach out to us by phone or complete the short online form.
What should I do if I have inquiries regarding my account?

For inquiries and advice about your account, your business advisor at WOTR Enterprise is the ideal point of contact.
Does bad credit impact my ability to qualify for loans?

WOTR Enterprise has financing solutions for business owners with strong, well-established credit as well as those with imperfect credit.

Frequently Asked Questions (FAQ)