How It Works
From application to offer in hours.
Here's exactly how Borrowrig evaluates your business and delivers a working capital decision.
What we read
What we read — and why.
Borrowrig connects via read-only APIs to QuickBooks, Xero, FreshBooks, and major US business banks (via Plaid). We ingest 12–24 months of actuals to model your real cash generation capacity — not a FICO proxy, not a guess.
- Revenue consistency and trend
- Cash flow cycle timing and gaps
- Fixed vs. variable expense patterns
- Bank account daily balance velocity
- Accounts receivable aging and collection rate
The engine
The underwriting engine.
Traditional underwriting is a loan officer reviewing printed documents — a process designed for companies with audited financials, not SMBs with live QuickBooks accounts. Borrowrig's underwriting model runs on actual operating data: revenue trends, payment behavior, average daily cash balance, and draw utilization history. A credit decision in hours is the output of a model that doesn't wait for a human to open an inbox.
Your offer
What your offer looks like.
- Line amount: $50K–$500K, sized to your monthly revenue run rate
- Draw fee: 1.75%–3.5% per draw, charged only on the amount you draw
- Repayment schedule: 6 or 12 months via weekly ACH
- No origination fee. No prepayment penalty. No unused-line fee.
- Revolving structure — repay a draw, restore capacity, draw again