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Faqs

Frequently Asked Questions

What are the requirements to get funding from Flychain?

While we try our best to give every small business the best chance of getting funded, we do have some minimum requirements:

  • Be a business that has been operating for at least 3 months.
  • Be incorporated in the United States.

How do I get funding from Flychain?

The funding application process is simple and quick:

  • Submit a business financing application through one of our software partners (e.g. SteadiPay).
  • Receive financing options from Flychain.
  • Once you’re happy with an offer, we’'ll send you a contract to sign.
  • Once the contract is signed, you’ll receive the funds in your bank account.

How does Flychain funding work?

Once you’ve applied, we’ll reach out to you with the best offers tailored for your business. Offers may have different repayment terms but we will never charge fees in excess of what we present to you upfront in each offer.

Does Flychain provide funding to start a new business?

No. We require companies to have been operating for at least 3 months so we can make an informed decision about the company’s ability to make repayments.

How long does it take to get funding from Flychain?

You can submit a business financing application in minutes, get offers within the day, and have funding in your bank account within 1-3 days (depending on how long it takes your bank to receive the funds).

How much funding can I get from Flychain?

We analyze each company on a case-by-case basis. The more revenue your business has, the more funding Flychain can offer. Once you’ve applied for financing, we’ll send you the best offers tailored for your business.

Is my data safe with Flychain?

Flychain uses the best in class security practices to always keep your data safe. We hold your data solely for the purposes set out in our Terms of Use. Here are some of the measures we take to maintain the safety of your data:

  • Flychain is built on industry standard cloud infrastructure using Google Firebase and Google Cloud Storage. This infrastructure has the highest security standards and certifications.
  • Flychain ensures data is encrypted whenever it is in transit.
  • Flychain restricts access to data to only those employees who need it to do their job.