We have years of experience helping clients prepare for the unexpected, capitalize on new opportunities and increase market penetration by meeting their working capital needs. Ask us about funding for:

  • Acquisitions
  • Consolidating Debt
  • Expanding Your Business
  • Hiring New Employees
  • Marketing Efforts
  • Meeting Payroll
  • Purchasing New Inventory
  • Purchasing New Equipment
  • Training

What is Alternative Funding?

Alternative funding is a non-traditional form of business funding. It allows companies to get secure, as well as unsecured funds with minimum paperwork even if their credit scores are not impressive. Companies can also enjoy benefits such as flexible terms of approval and easy repayment methods. Approvals are done quickly, and funds are deposited into the businesses designated bank account within 24-48 hours in most cases.

Why do businesses need Working Capital?

Let’s face it, without working capital, businesses in many different industries are unable to meet short-term operational demands. These short-term demands can vary by season or can arise from trying to remain competitive in their industry. We understand the challenges that you may face, the obstacles that try to keep your business from growing and the frustration when your bank says they can’t provide the funding you need. A solution is easily found in a working capital loan.

When should a business apply for Working Capital?

Any business that has been turned down from their traditional bank and is short on capital for day-to-day operations and other short-time commitments could benefit from a working capital loan. In contrast to loans that are used for long-term investments, working capital loans are for everyday business expenses or to take advantage of an unexpected business opportunity. If your company’s cash flow experiences any seasonality or drop off in any specified period, you are the right candidate for alternative financing. With several alternative funding solutions to choose from, we will work with you to find the best fit for your business needs.

How does Converge Capital Group help businesses with Working Capital?

Simply put, helping businesses is what we do and working capital loans are just one of the tools in our arsenal. As a trusted funding provider for businesses in a wide range of industries, Converge Capital Group can help improve your company’s capital position with quicker access to working capital with terms and conditions that will make it as hassle-free as possible.

Apply in Minutes

Our application process is quick, easy, and secure!

Approved in Hours

Don’t delay. You’ll receive your funding offers, provided with guidance on the best funding match and a contract to sign for your new funding!

Funded in Days

Application to funding can take as little as 24hrs!

Early Payoff Discount

Early payoff discounts can bring your cost for capital down and helps us in increasing your funding amount in the future.

What You Will Need To Provide

Your Business Advisor will walk you through the process and explain any details—like what you might need to finalize your funding from one or a number of our lending sources. Speaking of which…
Just so you can have everything ready, we’ll need the following in order to finalize your advance or loan:​

  • ​3 months business bank statements
  • ​Unexpired government-issued picture ID of all owners
  • ​Voided Check from underwritten business bank account

Does Your Business Qualify

  1. We offer access to working capital which means you’ll need to have been in business for three months or more.
  2. Your bank statements must show deposits that are at least $10,000/month.
  3. If you do not think you qualify right now, give us a call and one of our advisors will be happy to talk to you about all of our products. One of them may fit your needs right now.


    The payments division of Converge Capital Group has over 16 years of experience working with business owners providing card processing for many different industries! If you need a card present, card-not-present, or business-to-business payment processing capabilities, we can provide the right setup and competitive pricing to meet your needs!


    • No Long Term Contracts
    • Next Day/Same Day Funding
    • Free Terminal Placement
    • Point of Sale Systems & Integration
    • Customized Interchange Plus Pricing
    • B2B Level II & III Interchange Optimization
    • Cash Discount Program – $0 Processing Fees

    The Complete Credit Card Processing Platform

    Integrate, accept and manage payments in a simple, secure, platform.

    Our merchant processing solution gives you a single, user-friendly portal. This payment processing platform also features numerous integrations and add-ons that boost its functionality and allow you to offer even greater convenience to your customers. This is the most comprehensive credit card processing option available when you want to create a seamless experience for transactions.

    Transaction Management 

    An Easy-to-use portal for managing all credit card transactions, pulling real-time reports and much more.

    Countertop Terminal 

    Plug-and-play terminal for swipe, dip and tap transactions, protected by point-to-point encryption (P2PE)

    Virtual Terminal 

    Browser-based point-of-sale system for desktop, laptop and mobile devices

    Mobile App + Device 

    Free app and compatible device for on-the-go business, right at your fingertips

    Hosted Payment Page 

    Customizable, highly secure eCommerce solution for online payments

    Integrations + Add-ons 

    Powerful integrations like shopping carts and accounting software

    The Clover Flex

    Let’s you swipe, dip, and tap. Replace your old register and old printers with a Clover Flex. The Clover Flex allows you to email receipts and monitors your sales, refund, and best-selling items from any computer or mobile device.

    The Clover Mini POS

    Features, EMV and NFC payment technology. The Mini POS is a beautiful device that allows you to manage and scale. Email receipts and monitor your sales, refund, and best-selling items from any computer or mobile device.

    The Clover Station POS

    Features, EMV and NFC payment technology. The 14 inch HD screen allows you to efficiently manage inventory, employee tracking, payments, and reporting. Also, the Clover Station POS multi-layered security station gives you fingerprint login for supreme employee security and end-to-end encryption.

    The Cardpointe Platform

    A comprehensive processing platform that makes it simple to securely accept credit card payments and manage transactions all in one place.

    Intuit’s QuickBooks

    Accounting software is by far the most popular do-it-yourself bookkeeping program available for small business owners. If your business uses QuickBooks and also accept credit cards, we can support a direct integration! With a direct integration that seamlessly transfer your client’s transaction details and payment.

    POS Systems

    Let’s you swipe, dip, and tap. Replace your old register and old printers with a Clover Flex. The Clover Flex allows you to email receipts and monitors your sales, refund, and best-selling items from any computer or mobile device.

    We Provide Employers Financial Resilience
    at Zero Cost to Your Company.


    of employees agree that finances have been a distraction at work.


    of employees would switch to a company that cares about financial well-being.


    employee turnover is due to stress, increasing employer cost for hiring & trainings.

    Drop us a line!