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Funders make the credit decisions. We compare their offers and show you what each one costs. Funders pay us when a deal funds, never you upfront.

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Lender profile

Spartan Capital Group

Direct funder Hazlet, NJ Checked Sep 10, 2026
Spartan Capital Group is a Hazlet, New Jersey direct funder offering revenue-based financing, term loans, lines of credit, equipment financing, invoice factoring and merchant cash advances. It says it makes all credit decisions and funds all deals in-house. Published amounts run from $5,000 to $500,000, with an average time to fund of 24 hours.
Visit spartancapitalgroup.com Compare with similar funders
Heads up. Its FAQ gives a typical merchant cash advance factor rate of 1.10 to 1.40, which most funders we track do not publish. It lists adult entertainment, cannabis businesses, firearms dealers, gambling operations and businesses in active bankruptcy as restricted industries.

The open book

What Spartan Capital Group publishes, and what it doesn't

8 of 9 things a business owner needs to compare offers are on its website.

Published

Amounts
$5K–$500K
Minimum credit score
500+
Minimum time in business
1 year
Minimum monthly revenue
$10,000
Speed, in its words
24 hours (average)

The ledger

  • Funding amounts
  • Minimum credit score
  • Minimum time in business
  • Minimum revenue
  • Funding speed
  • Price (rate or factor)
  • Term length
  • Excluded industries
  • Fees Not published
Loosest published figure across its products, from its own website. Details by product below.

By product

Spartan Capital Group's products, as published

Open “Sources” under any product to see the exact wording and the page it came from.
Price not published
Amounts
Not published
Price
Not published
Term
Not published
Repayment
—
Minimums
Credit 525+ · Time in business 1 year · Revenue $10K/mo
Speed
24 hours average setup
Fees
Draw fee stated as none. No origination, admin or underwriting fee published.
Industries excluded
adult entertainment, cannabis businesses, firearms dealers, gambling operations, businesses currently in active bankruptcy
Collateral
Not required
Sources (1)
  • Homepage: "Funding up to$250,000". Product page: "Up to $500K" | 525+ min credit score | 12+ months in business | $10,000+ monthly revenue | no draw fee
    spartancapitalgroup.com/services/loc · checked 2026-09-10
Price not published
Amounts
Up to $500K
Price
Not published
Term
Not published
Repayment
Monthly
Minimums
Credit 575+ · Time in business 1 year · Revenue $10K/mo
Speed
24hrs average time to fund
Industries excluded
adult entertainment, cannabis businesses, firearms dealers, gambling operations, businesses currently in active bankruptcy
Collateral
Not required
Sources (1)
  • Up to $500K | 24hrs Avg. Time to Fund | 575+ minimum credit score | 12+ months in business | $10,000+ monthly revenue | No collateral required ($0)
    spartancapitalgroup.com/services/equipment · checked 2026-09-10
Price not published
Amounts
Not published
Price
Not published
Term
Not published
Repayment
—
Minimums
Credit n/p · Time in business n/p · Revenue n/p
Speed
24hrs average funding
Fees
Site says the remaining invoice balance is paid "minus fees" once the customer pays, but no factoring fee, discount rate or percentage is published.
Industries excluded
adult entertainment, cannabis businesses, firearms dealers, gambling operations, businesses currently in active bankruptcy
Collateral
Not required
Sources (1)

Merchant cash advance

How merchant cash advance works
Price published
Amounts
Not published
Price
Factor 1.10–1.40
Term
Not published
Repayment
—
Minimums
Credit 500+ · Time in business n/p · Revenue $10K/mo
Fees
"all costs upfront before you sign"; no origination, admin or underwriting fee amount published.
Industries excluded
adult entertainment, cannabis businesses, firearms dealers, gambling operations, businesses currently in active bankruptcy
Sources (1)

Revenue-based financing

How revenue-based financing works
Price not published
Amounts
$5K–$500K
Price
Not published
Term
Not published
Repayment
Variable
Minimums
Credit 500+ · Time in business 1 year · Revenue $10K/mo
Speed
24 hours average; approval in as little as 1 hour
Industries excluded
adult entertainment, cannabis businesses, firearms dealers, gambling operations, businesses currently in active bankruptcy
Collateral
Not required
Sources (1)
Price not published
Amounts
$10K–$500K
Price
Not published
Term
3–36 months
Repayment
Monthly
Minimums
Credit 550+ · Time in business 1 year · Revenue $15K/mo
Speed
24hrs average time to fund
Fees
No prepayment penalties published; no origination, admin or underwriting fee disclosed.
Industries excluded
adult entertainment, cannabis businesses, firearms dealers, gambling operations, businesses currently in active bankruptcy
Sources (1)

Similar funders

Funders offering the same products

Big Think Capital

Broker
$10K–$5M550+ creditPrice published

BlueBridge Funding

Broker
$50K–$200K550+ creditNo price

Clarify Capital

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$5K–$5M500+ creditPrice published

Fora Financial

Direct funder
$5K–$1.5M570+ creditPrice published

Kapitus

Direct funder
$5K–$7M650+ creditPrice published

Lendio

Marketplace
$1K–$10M500+ creditPrice published

Pages we read

  1. https://www.spartancapitalgroup.com
Spotted something out of date? Funders and owners can send a correction with a link to where it's published. Listing Spartan Capital Group here doesn't mean it works with Openbook.

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