Free to find out what you can borrow. A success fee, owed only if a loan closes. See our rates →
Transparent
Submit a file
For businesses with $1M – $50M in revenue

Make lenders compete.Not the other way around.

Upload once. BRUNO, our AI, completes the package, builds the teaser, screens 1,500+ lenders and runs the process. A commercial credit analyst reviews every decision that takes judgment.

See the exact package lenders receive.

See what lenders will see before you share an email. Run the same arithmetic free, no sign-in:

What you can borrowWhat your structure costsWhat your industry paid

Are you a lender? Join our lender network

You pay nothing unless it closes, and nothing at all on SBA. Nothing goes to a lender without your approval.

  • 50%+ lower

    At 23%+ annualized, our 11.5% exit model cuts borrowing cost in half.

  • 80% faster

    7 days versus roughly five weeks to receive a lender term sheet.

  • 1,500+

    Screened by credit box, check size, sector and geography.

  • $0

    No application fee or retainer. We are paid only if a facility closes.

What the process saves

The right capital saves you twice. Less interest over time. Weeks of work off your plate.

One upload becomes a lender-ready package. The AI screens 1,500+ lenders, a commercial credit analyst reviews the strategy, and the desk runs every approved submission until the terms are side by side.

01 · What you pay

The cheapest money you qualify for.

Borrowing for the first time or replacing debt you already carry — we price your file against the whole market and take the best terms it will give you.

If you are borrowing new — any structure
What a typical borrower pays
The median across 118,868 closed SBA 7(a) loans
10.00%
The cheap end of the same programme
Same guarantee, same paperwork — a different lender read the file
7.05%
What the difference is worth
On $1M over 10 years
$189,413
SBA 7(a) is the only programme that publishes lender-level pricing, so it proves the point: the same file gets priced differently. We run that competition across term loans, equipment, asset-based lines and private credit too.

Every structure we place — term loans, lines, equipment, asset-based and SBA.

If you are already borrowing
High-cost debt
The threshold where our conservative exit cuts annualized cost in half
23%+
Conservative refinance exit
The highest modeled exit—not a best-case bank quote
11.5%
Annualized borrowing cost
Our minimum target for a high-cost refinance
50%+ lower
Real advance schedules submitted to the desk annualize to 47–108%. At the conservative exit above, the modeled reduction is 75–89%. The published 50%+ claim leaves room for fees, structure and execution. Lower-cost bank, equipment or private debt may save less. See every schedule and calculation.

See what your debt really costs — every rate and fee on one scale, free.

02 · Your time

The lender search is a second job. We take it over.

Researching lenders, rebuilding the package, completing applications and chasing answers can consume two to three months of interruptions. Transparent keeps the work moving without waiting on your inbox.

Doing it yourself156–260 hrs
Your time with TransparentAbout 2 hrs
98%
less owner time

We finish the package, screen the lender book, manage applications and chase the process. You upload, approve and choose.

Estimated for a $500K–$5M raise across several lenders. See every task and assumption.

How it goes

Six steps. One upload. You stay in control.

BRUNO checks completeness, builds the package, screens the lender book and keeps every follow-up moving. A commercial credit analyst reviews the work and handles the judgment calls, with Carmine overseeing the desk. You approve the teaser and every lender by name; nothing goes out on the agent’s judgment alone. Approved files go out under a codename, and nobody pulls your credit merely to give an indication.

  1. 01

    Upload what you have

    Start with the documents already on your computer: two years of business returns, YTD financials, a current debt schedule and an A/R aging if receivables matter. You do not need to know whether the package is complete before you begin.

  2. 02

    Know exactly what is missing

    BRUNO reads the documents, reconciles them against your intake and gives you a live, plain-English checklist. No email ping-pong. No guessing what a lender means by a full package. A commercial credit analyst reviews anything that requires judgment.

  3. 03

    Approve the deal story

    We normalize the financials and build an investment-banking-style teaser and underwriting memo. You see the work first, correct anything that needs context and approve the final version before it can move.

  4. 04

    Approve the lender strategy

    The AI screens 1,500+ lenders by credit box, check size, sector and geography, then recommends the strongest 50. You see why each lender belongs and approve every lender by name before anything leaves.

  5. 05

    Go to market under a codename

    Approved lenders receive the credit metrics first — not your company, address or owners. Nobody pulls your credit to give an indication. A lender has to say what it would do before it learns whose file it is.

  6. 06

    Keep the answers competing

    BRUNO tracks opens, chases questions and keeps the process moving after hours. However many lenders answer, the strongest are run against each other on rate, structure, covenants and timing; a commercial credit analyst handles the negotiations that require judgment, with Carmine overseeing the desk.

Get financingSee the work itemized, and what it costs to do it yourself →
See the work first

We build the lender-ready package before you owe us a dollar.

The missing-items checklist, underwriting memo, teaser and lender match come before any fee. Keep the memo even if you go elsewhere. You pay nothing unless it closes, and nothing at all on SBA. Nothing goes to a lender without your approval. Many intermediaries are paid out of the deal at a number the borrower never sees; we publish the commission ranges by product, including ours. The numbers are here.

The underwriting memo

The six tests a credit committee runs on your file, with the arithmetic shown. Yours to keep and to show anyone.

Open it →

Your borrowing power

What a lender sees before you apply — coverage, the maximum ask it supports, and which of six conversations you are having.

Open it →

Your whole structure, priced

Senior, junior and advances on one axis, then the same company sized on earnings instead of on the shortfall.

Open it →

What your industry paid

118,868 approvals reduced to a median for your industry — from the SBA's own release, published 2 months ago.

Open it →

And if the answer is no, you get that in writing too.

We tell you before you spend a month on it

If the file will not place today, you hear that first — not after nine declines have been recorded against your name.

We decline rather than stack

If the only thing that fits is another cash advance, we turn the deal down. It costs us the fee and saves you the position.

You keep the work either way

The memo, the arithmetic and the fixes are yours whether you place through us, place elsewhere, or place nothing at all.

We say what would change it

A no comes with the specific things that would make it a yes — coverage, tenure, books, structure — in writing, at no cost.

The network

1,500+ lenders is not the advantage. Knowing which ones fit is.

The lender repository is maintained by product, credit box, check size, sector and geography. BRUNO screens the full book; a commercial credit analyst reviews the shortlist; you approve every name. Carmine oversees the desk and learned capital structure from the wrong end of it: restructuring, where leverage, amortization, covenants and lender mismatch become impossible to ignore. Your file is routed against the repository, not blasted at it.

656
Term & private credit
Banks, credit funds, SBIC and unitranche
531
Asset-based & lines
Borrowing-base lenders and revolving facilities
76
Equipment
Asset lenders and captive finance
67
SBA 7(a) & 504
Participating lenders and CDCs
16
Factoring
Receivables purchasers, non-recourse and recourse

1,346 of them counted above — the five largest categories, not the whole book. Lenders: join the book

Why we can say any of this

If we make the claim, we show the source.

The lender-rate data comes from public files. The fees and underwriting floors are published in writing. Where a number is an illustration rather than an observed result, we label it that way.

Every lender's rate, from the government's own file

We reduced the SBA's 7(a) disclosure file and published the per-lender medians — with the volume, time period and caveats beside them.

Read it →

What intermediaries actually charge

Commission ranges by product — what the intermediary makes, who pays it, and what the borrower is not told — compiled from published broker and ISO program terms, with our own fee stated on the same page.

Read it →

The tests we run, and the floors we hold

The six underwriting tests, the coverage floors, and the cases where we say no. Run them yourself before you ever speak to us.

Read it →