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Velocity Capital Group vs 1st Alliance Group
Built live from what each lender publishes. Nothing here is estimated — where a lender publishes nothing, the cell says so.
| Attribute | Velocity Capital Group | 1st Alliance Group |
|---|---|---|
| On the record |
|
|
| Lender type | Direct funder | Not stated |
| Products offered | Revenue-based | MCA, Working capital, Revenue-based |
| Published amounts | From $10K | Not disclosed |
| Pricing basis | Interest rate | Not disclosed |
| Published rate | 20% – 40% | Not disclosed |
| Disclosed fees | Not disclosed | Not disclosed |
| Repayment frequency | Variable with revenue | Daily |
| Term length | 1–12 months | Not disclosed |
| Minimum credit score | 500 | Not disclosed |
| Minimum time in business | Not disclosed | Not disclosed |
| Minimum monthly revenue | $20K/mo | Not disclosed |
| Collateral required | Not disclosed | Not disclosed |
| Personal guarantee | Not disclosed | No |
| States excluded | Not disclosed | Not disclosed |
| Industries excluded | Not disclosed | Not disclosed |
| Speed to fund | Same-day | Same-day funding |
| Speed conditions | Requires 3 months of recent bank statements, State I.D., signed contract and a voided check; application stated to take about 15 minutes | "approval within 3 hours and enjoy same-day funding" |
| Headquarters | Cedarhurst, NY | Aventura, FL |
| Established | 2018 | Not disclosed |
| Next step | Enquire Review | Enquire Review |
Rates on this page are not directly comparable unless the pricing basis matches. A factor rate of 1.30 and an APR of 30% are different measures of different things — a factor rate is a multiple of the amount advanced with no time dimension, an APR is annualised. Read the pricing basis row before comparing the rate row.