Bitty Advance Reviews: Advantages & Disadvantages - Complete 2025 Guide
Fast and Flexible Funding: Same-day approval and funding up to $25,000.
Simple Application Process: Apply online in minutes with minimal documentation required.
Revenue-Based Financing: Access working capital based on future sales with no collateral required.
Absolutely great customer service. Jim is such a professional and was able to get us funding. Thanks Jim and Upwise Capital.
Craig went above and beyond to get this deal done! I would highly recommend UpWise Capital if you're looking for a broker to get investors onboard.
Craig made himself available all the time, he was very attentive, professional and easy to work with. Highly recommend!
We worked with Leo for our line of credit. We are a trucking company an can be a challenge to secure financing. The process was smooth and fast funding. Our only complaint would be that Leo was a little impatience when it came to our decision making. We are very thankful for the funding and would do business with them again. Thanks,
Upwise
Upwise
Leo got us a line of credit loan very quickly to help with expenses we incurred during our new business building purchase.
You are always hesitant when working with a finance firm to borrow money to grow your company But, I highly recommend Upwise Capital. Lou and Marc went out of their way to ensure everything was taken care of. Very professional in all steps taken to secure the financing I needed. I look forward to continuing the business relationship.
I rarely write reviews, but my experience with Leo was absolutely. Leo was patient, knowledgeable, and extremely responsive. During a hectic work week he continued to bare with me to be sure that i had all the information I was requesting. He got me the capital I needed within one day. I highly recommend this company!
Bitty Advance at a Glance: Key Features and Services
Bitty Advance is a leading provider of merchant cash advances for small businesses in need of fast and flexible financing. By offering revenue-based funding, Bitty Advance evaluates a business’s monthly revenue instead of requiring perfect credit scores or lengthy loan approvals. With a quick application process and the ability to provide funding within 24 hours, Bitty Advance is a reliable choice for businesses looking to improve cash flow or cover unexpected expenses.
Quick Facts About Bitty Advance:
- Founded: 2017
- Loan Products: Merchant cash advances and revenue-based financing
- Loan Amounts: Up to $25,000
- Funding Speed: Same-day approval and funding in as little as 24 hours
- BBB Rating: N/A
What You’ll Learn in This Review:
- What is Bitty Advance?
- How does Bitty Advance work?
- Loan products, terms, and eligibility requirements
- Pros, cons, and comparisons with other lenders
- Frequently Asked Questions (FAQs)
What is Bitty Advance?
Bitty Advance is one of the leading merchant cash advance providers specializing in offering fast and flexible business funding for small businesses. Unlike traditional bank loans, Bitty Advance provides funding based on a business’s future sales rather than relying on credit scores or requiring collateral. Their working capital solutions are designed for small businesses across various industries, including retail, trucking, construction, and hospitality.
Available Loan Products:
- Merchant Cash Advance: Provides upfront funds in exchange for a percentage of future sales.
Industries They Serve:
Bitty Advance works with small businesses in industries such as:
- Food & Hospitality
- Retail Services
- Construction
- Trucking & Logistics
How Does Bitty Advance Work?
Bitty Advance simplifies the small business funding process by focusing on monthly revenue and future sales. Bitty Advance offers a flexible business financing option that is particularly suitable for businesses with lower credit scores or less time in business. Business owners can apply online in minutes, and once approved, funds are typically deposited within 24 hours. Repayment is made through a percentage of daily sales, making it a flexible option for businesses with fluctuating income.
Key Features of Bitty’s Process:
- Revenue-Based Funding: Approval is based on monthly revenue instead of credit scores.
- Fast Approval: Same-day funding for eligible businesses.
- Flexible Repayments: Payments are tied to future sales, reducing the strain on cash flow.
Bitty Advance Loan Products
Bitty Advance
Merchant Cash Advances
- Loan Amounts: Up to $25,000
- Repayment Terms: Based on a percentage of future sales.
- Uses: Covering payroll, purchasing inventory, or managing cash flow.
Bitty Advance’s merchant cash advance is an ideal solution for businesses needing fast access to cash without the requirements of traditional loans. Unlike traditional business loans, which often require specific criteria such as a minimum time in business and certain revenue levels, merchant cash advances offer more flexibility.
Bitty Advance Requirements
Here is the basic criteria your business must meet for Bitty Advance requirements:
- Monthly Revenue: Minimum $5,000 required.
- Time in Business: At least 6 months in operation.
- Credit Score: A minimum credit score of 500.
- Required Documentation: Recent bank statements and proof of revenue.
What you Need to Know
A few things to know when considering Bitty Advance business loans:
To qualify for a Bitty Advance loan, businesses must meet specific criteria designed to ensure they can manage the repayment terms effectively. Here are the primary requirements:
- Time in Business: Your business must have been operational for at least 6 months.
- Revenue: A minimum of $5,000 in monthly revenue deposited into your business bank account is required.
- Credit: Unlike traditional loans, Bitty Advance does not require a minimum credit score, making it accessible to businesses with less-than-perfect credit.
- Industry: There are no industry restrictions, allowing a wide range of small businesses, including retail, restaurants, and service-based businesses, to apply.
Additionally, applicants must provide certain documentation to support their application, such as:
- Business Bank Statements: Recent statements to verify revenue and cash flow.
- Tax Returns: To provide a comprehensive view of the business’s financial health.
- Identification Documents: Proof of identity for the business owner.
Bitty Advance also considers other factors, such as the business’s overall cash flow, credit history, and the industry in which it operates, to determine loan eligibility. This holistic approach ensures that even businesses with unique financial situations have the opportunity to secure funding.
How to Apply to Bitty Advance
Bitty Advance Application Process
Step 1: Complete the Online Application
- Visit the Bitty Advance website and fill out the application form.
- Provide basic business information, including monthly revenue and bank account details.
Step 2: Get Approved
- Bitty Advance reviews your application and evaluates your future sales.
- Receive approval and custom funding terms within 24 hours.
Step 3: Secure Your Funds
- Accept the funding offer.
- Funds are deposited into your business account within the same day or next business day.
Bitty Advance
PROS
CONS
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- Secure the terms and conditions that make sense for you
- Apply for working capital and cash flow funding to cover inventory, marketing and operations
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Upgrade your capabilities with specialized financing for almost any industry.
Why Choose Upwise Capital
Quick & easy application
Our simple 15-minute application gets you on your way to funding quickly. Most applicants receive a fast decision within hours of applying. Then just choose your loan terms and you could have funds deposited into your account as soon as 24 hours.
Ensure you make the wise choice
Every Upwise applicant gets a dedicated funding advisor who takes the time to understand your business and it's unique needs. We are here for your support throughout the entire funding process.
Access multiple financing options
Upwise has an extensive product suite and a network of business line of credit lenders. This means you're more likely to find the best match for your funding needs.
Is Bitty Advance Legit?
Yes, Bitty Advance is a legitimate merchant cash advance provider offering small business funding solutions. With a focus on fast approvals and flexible repayment terms, Bitty Advance is a trusted choice for businesses needing quick access to working capital.
If Bitty Advance doesn’t meet your needs, consider exploring Upwise Capital for alternative financing options tailored to your business.
Bitty Advance Frequently Asked Questions - FAQ
What other lenders compare to Bitty Advance?
- OnDeck: Offers lines of credit and business term loans with larger funding amounts but requires higher credit scores.
- Fundbox: Specializes in invoice financing and lines of credit, ideal for managing cash flow gaps.
- BlueVine: Provides flexible funding options, including lines of credit, with competitive rates for businesses with strong revenue.
What Happens After Applying with Bitty Advance?
Once you apply, Bitty Advance reviews your monthly revenue and bank statements to determine eligibility. Approved funds are deposited into your account within 24 hours.
Does Bitty Advance report to credit bureaus?
No, Bitty Advance does not report to personal or business credit bureaus, as it provides merchant cash advances, not traditional loans.
How do I manage my loan with Bitty Advance?
Repayments are automatically deducted from your daily or weekly sales, and you can contact their support team for assistance with your account.
What is the customer experience like with Bitty Advance
Bitty Advance reviews highlight the company’s fast funding process and super helpful customer service. Many small business owners appreciate the flexibility of revenue-based financing, while some mention concerns about factor rates and daily repayments.
Testimonials:
- “The process was easy, and I received funding the same day. Bitty Advance was super helpful!” – John P.
- “I’ve been working with Bitty for two years. Their team is always responsive and provides additional funding when needed.” – Gianfranco A.
Bitty Advance Reviews and Complaints
Bitty Advance has garnered a mixed reputation online, reflecting a range of customer experiences. On Trustpilot, the company boasts a 4.5-star rating based on over 200 reviews. Many customers commend Bitty Advance for its quick funding process and helpful customer service, highlighting the ease and speed with which they received their funds.
Bitty Advance: Final Verdict
Who Should Consider Bitty Advance?
Small businesses in need of fast, revenue-based funding can benefit from this option, especially if they have a consistent monthly revenue of $5,000 or more. It’s an ideal solution for owners who value a simple and quick application process to access the capital they need.
Who Should Look Elsewhere?
This option is less suitable for businesses requiring large funding amounts over $25,000, companies with inconsistent revenue or no future sales projections, and borrowers seeking lower-cost financing alternatives.
Tips for Success with Bitty Advance
- Ensure your monthly revenue and bank statements are accurate and up to date.
- Use the funds strategically to improve cash flow or cover urgent expenses.
- Monitor your repayments to ensure they align with your business’s cash flow.
- Contact Bitty Advance’s support team for clarity on terms or additional funding opportunities.
Disclaimer:Â Bitty Advance trademark is owned by Bitty Advance 2, LLC. Its use herein is for reference purposes only. This does not indicate sponsorship or endorsement from Bitty Advance 2, LLC.