Reviews on Ramp, Divvy, Kleer card and Torpago for business credit !

[waqaszm1]

*** ALL of the following require link to Business bank Account through Plaid or another API -

*** ALL report to business credt bureaus, no personal reporting, no hard pulls on personal credit, hard pulls on business credit !

Ramp - works like a charge card - 30 days, direct debit from linked business account - SL 33.8K

Divvy - works like a charge card - 30 days, direct debit from linked business account - SL 9K

Torpago - offered revolving credit, though i initially expected charge only, direct debit from linked business account - hard pull business files SBFE, D&B - SL 25K

Kleer Card - offered weekly charge credit, 7 days, direct debit from linked business account - SL 37K per week.

[Anonymous]

congrats and thanks for  this review!!! may i ask what's your biz revenue? how  long in biz?

[mikeef]

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@waqaszm1 wrote:

*** ALL of the following require link to Business bank Account through Plaid or another API -

*** ALL report to business credt bureaus, no personal reporting, no hard pulls on personal credit, hard pulls on business credit !

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Out of curiosity, I assume they did not just link the accounts, but they checked 3 to 6 months months of accounts deposits and debits before approving and granting the high credit lines?

[waqaszm1]

Most of them use Plaid to analyze business revenues including deposits etc. for some period of time.

I do not know for sure how long that is. You can try connecting and see if you get an approval, if not for some reason, you can always go back into your online banking portal and withdraw permission for the API.

[Anonymous]

Thanks for this, we got approved $3k on 3 different entities today.  Will continue applying for more entities while we are at it.