QuickBooks Capital Pros and Cons

ORIGINALLY, easy to apply and the terms they offered were excellent, but they flipped the script on me! No bueno. Review collected by and hosted on G2.com.

The first loan I applied for was in early 2023 and I applied for much less than what they offered. I applied for 100k and they offered me up 150k at a 10,25% interest! Those are pretty amazing terms given the interest rates right now. I thought this is amazing and I will be using this regularly.

About 6 months after I took the full 150k I paid it back in full, with a 103k payment. A couple months later I applied again (keep in mind I have a 780+ credit score, very low credit use ratio, and our business has been in quickbooks for 8 years with no adverse changes), they approved me again, no surprise.....BUT this time it was for 90k and my interst rate went from 10.25%to 24%. OK, so I thought maybe it was a glitch, and so I waited and applied a couple more times and made sure my credit was the same and my quickbooks was updated. NOPE, they approved me for the same amount and when I called customer service they simply said, "we look at multiple factors, and thats what we can offer you." Great, I am so glad they reward long time customers who use their services repsonsibly! WONT BE USING THEM EVER AGAIN AS THIS IS A BACKWARDS WAY OF SERVING YOUR CUSTOMERS AND TOUTING SUCH A GREAT PROGRAM.

Unfortunately given how long of a customer I have been I will be sticking with their softare for the time being. Super dissappointed in quickbooks. Just when you think youve found a bank that does things differently, you snap back to reality and realize they dont give a s*** about you and your satisfaction.

Oh and BTW, they sent me a letter stating why I wasnt approved for more than that. They stated, "borrower credit history not strong enough." LOL OK QUICKBOOKS. Review collected by and hosted on G2.com.

QuickBooks is an official site which offers a buisness loans for months with a short amount of interests. They provides a loan in very short time period which really helps to get money hassle-freely which makes it more appropriate for buisness development. They provide a loan up to 2 lakhs which is a huge amount for developing a buisness which can really make a huge help. It's only takes a proper buisness document with a short form which is required for the approval of loan. This approval after confirmation makes you to take buisness funds on a intrest they offers . Review collected by and hosted on G2.com.

Sometimes the rate of interest offered by them is not less then the market offering us. Otherwise the software is much smoother and the coustomer support team is much better than expected. They makes QuickBooks very easy to use with its lots of features. Review collected by and hosted on G2.com.

QuickBooks Capital typically offers transparent pricing with no hidden fees. This helps businesses understand the true cost of borrowing Review collected by and hosted on G2.com.

While QuickBooks Capital can be Only helpful for smaller financing needs, businesses Review collected by and hosted on G2.com.

Its super easy and Hasslefree to get funds or financing if you are a Quickbooks customer since it is integrated to your Quickbooks accounting tool and pick most of financial information from there itself. Review collected by and hosted on G2.com.

Its search option is not upto the mark and also long term feature is not available Review collected by and hosted on G2.com.

I like the user-friendly navigation and functionalitiesat QuickBooks Capital. I can manage all my small business accounting requirements through different modules at this online tool and can get the snapshot for all the transactions easily. All the support is available if required for implentation and set up. Review collected by and hosted on G2.com.

Nothing, I like it very much so far for accounting! Review collected by and hosted on G2.com.

The application process with QuickBooks Capital was incredibly straightforward. The platform guided me through each step, and the questions were clear and concise. This made the entire application experience efficient and user-friendly. Review collected by and hosted on G2.com.

QuickBooks Capital may not be the ideal solution for businesses seeking large or long-term loans. The available loan options might be more suitable for smaller, short-term financing needs. Review collected by and hosted on G2.com.

The upside about quickbooks captial is you are able to get business loans. And also the website is very ease of use, ease of implementation and customer support. Review collected by and hosted on G2.com.

I dislike about quickbooks is that the fees. Review collected by and hosted on G2.com.

Easy to navigate to. I would not recommend this to anyone. Review collected by and hosted on G2.com.

As a new business, QuickBooks has more information about our company than others. It seems like it would be easy to extend a small line of credit to help us build our credir. However "You aren't currently eligible for a Quickbooks Term Loan." Review collected by and hosted on G2.com.

I look after my company's purchasing department, so adding new vendors and sending purchase orders is easy. Further, my finance team is also pleased to use quickbooks for accounting purposes and sending estimates to our clients Review collected by and hosted on G2.com.

The search option is not up to the standard as I can find suppliers from the search option, but the vendor never appears by searching item or product. Sometimes we need to search the part number to find the exact vendor. Review collected by and hosted on G2.com.

The best feature about quickbooks is that all of my vendors are saved in one portal, it is very easy to find and search current vendors. Overall very useful for purchasing Review collected by and hosted on G2.com.

There is no option to search Item No in the quick books, sometime I need to search which product I purchased recently but the search history does not support the item no Review collected by and hosted on G2.com.