We believe that a business owner's prior credit history (or lack of credit history) should not prevent them from getting credit for their existing or new business. Instead, we focus on the current prospects of your business and you as a business owner. To that end, our decisioning process focuses on a broader set of underwriting criteria for a line of credit than other financial institutions.
- The information you provide about yourself and your business;
- Your business’s current finances (from bank accounts and vendors that you link with us);
We believe that every business owner should have an opportunity to show that they deserve credit, regardless of their past credit history. Please note that we can only make a credit decision only when we've received and processed your completed application.
We believe in keeping things simple, our APR is 24% with no additional fees or penalties. If you have been referred to us by one of our partners, you may be eligible for a lower rate. If you've already applied for the Hatch Card, check your approval email or your Hatch Dashboard for your exact terms.
You will need four things to complete your Hatch Card application. You’ll need your:
You’ll have the option to provide additional information to us to increase the amount of credit that may be available to you.