Tip Top Capital in New York, NY

4.4/5

Tip Top Capital provides business funding solutions including commercial loans, working capital, equipment financing, and invoice factoring for small to mid-sized businesses.

Data compiled from public sources · Rating from CreditDoc methodology

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Tip Top Capital Review

Tip Top Capital is a business lending platform based in New York that specializes in rapid funding for small and medium-sized enterprises. The company positions itself as a quick-close lender focused on efficiency and partnering with business owners who need capital solutions. According to their website, they have funded over $105 million to SMBs across 548 transactions with a 91% approval rate on qualified deals.

Tip Top Capital offers a diverse range of business financing products: commercial loans, working capital/purchase order financing, unsecured business loans, invoice factoring, and equipment financing. Their application process is streamlined to 5 minutes and requires basic information plus bank or merchant statements. They claim to deposit funds automatically into borrowers' bank accounts on scheduled dates, and their underwriting department finalizes terms around payment frequency and repayment structure.

The company differentiates itself through speed of closing, flexibility in lending criteria (accepting credit scores as low as 550), and creative financing structures. They offer early payoff discounts (4-12% reduction on loan amount), refinancing options for borrowers 50% through their original loan, and loan amounts up to 3 times monthly business revenue depending on credit history and payment consistency. Customer testimonials emphasize their responsive service and understanding of business needs.

However, the website provides limited transparency on actual APR/interest rates, exact approval timelines, and fee structures. The claimed 100% approval rate appears inconsistent with industry standards and requires verification. Terms like "close quickly if needed" lack specificity, and the company's relationship to partner lenders versus direct lending is unclear. Prospective borrowers should request detailed rate and fee information before applying.

Services & Features

5-minute online application

Automated bank deposit of funded amounts

Business funding specialist consultation

Business loan refinancing (50% payoff threshold)

Commercial loans with fast closing

Early payoff options with discount addendums

Equipment financing for asset-heavy businesses

Flexible loan terms (6–36 months)

Funding amount customization ($5K–$500K+ range)

Invoice factoring for manufacturers, distributors, suppliers, and dealers

Unsecured business loans

Working capital and purchase order (PO) financing

Feature Checklist

Mobile App

Online Portal

Score Tracking

Credit Education

Personal Advisor

Identity Theft Protection

Pros & Cons

Pros

Fast 5-minute application process with streamlined underwriting
Accepts credit scores as low as 550, serving borrowers with imperfect credit
Offers early payoff discounts ranging from 4-12% off total loan amount
Provides refinancing for borrowers 50%+ through existing loans with additional capital options
Multiple funding products under one roof: commercial, working capital, unsecured, factoring, equipment
Loan amounts up to 3x monthly business revenue for qualified applicants
Automatic bank deposit on scheduled funding dates

Cons

Website does not disclose APR, interest rates, or fee structures—critical for comparing cost
Claimed '100% approval rate' is inconsistent with industry norms and lacks verification
No transparency on actual funding timelines despite marketing 'quick close' language
Relationship between Tip Top Capital and partner lenders is unclear; unclear if direct lender or broker
Limited detail on credit requirements beyond score minimums (e.g., revenue thresholds, time in business)

Rating Breakdown

Value

5.0

Effectiveness

4.9

Customer Service

3.9

Transparency

3.5

Ease of Use

4.5

Frequently Asked Questions

Is Tip Top Capital legitimate?

Yes. Tip Top Capital is a registered company, headquartered in New York, NY.

How long does Tip Top Capital take to show results?

Results vary by individual situation. Contact the provider to discuss expected timelines for your specific needs.

Quick Facts

Headquarters: New York, NY
BBB Accredited: No
Starting Price: Contact provider
Setup Fee: None
Money-Back Guarantee: No

Visit Tip Top Capital

+1 888-443-4488 40 Exchange Pl, New York, NY 10038

CreditDoc Diagnosis

Doctor's Verdict on Tip Top Capital

Tip Top Capital is best for established small businesses that have consistent monthly revenue, need working capital or equipment financing, and prioritize speed over rate comparison. The primary caveat is the complete absence of published APR/rates and fees—borrowers must contact the company directly for pricing, making true cost comparison difficult and raising questions about transparency.

Best For

Small business owners with credit scores under 670 who need working capital or equipment funding quickly
Companies seeking invoice factoring or purchase order financing for inventory/supply chain
Established businesses with strong monthly revenue looking to refinance existing debt with additional capital

Updated 2026-04-30

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Financial Terms Explained (7 terms)

New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.

Interest & Rates

APR — Annual Percentage Rate

The total yearly cost of borrowing money, including the interest rate plus any fees the lender charges. Think of it as the 'true price tag' on a loan.

Why it matters

Lenders must show APR by law (Truth in Lending Act) because the interest rate alone can hide fees. Comparing APR across lenders is the most reliable way to find the cheapest loan.

Example

You borrow $10,000 at 6% interest for 3 years, but there's a $300 origination fee. The interest rate is 6%, but the APR is 6.9% because it includes that fee. You'd pay $304/month and $946 total in interest.

Interest Rate

The percentage a lender charges you for borrowing their money, calculated on the amount you still owe. It's the lender's profit for taking the risk of lending to you.

Why it matters

Even a 1% difference in interest rate can cost you thousands over a loan's life. Lower rates mean less money out of your pocket.

Example

On a $20,000 car loan for 5 years: at 5% you pay $2,645 in interest. At 8% you pay $4,332. That 3% difference costs you $1,687 extra.

How Loans Work

Cosigner — Loan Cosigner

A person who agrees to repay your loan if you can't. They're equally responsible for the debt, and their credit is affected by your payment behavior.

Why it matters

Cosigning helps people with thin credit get approved or get better rates. But it's a huge risk for the cosigner — they're on the hook for the full amount if you default.

Example

A parent cosigns their child's $30,000 student loan. The child stops paying after 6 months. The parent is now legally required to make the payments or face collections, lawsuits, and credit damage.

Loan Term (Tenor) — Loan Term / Tenor

How long you have to repay the loan, measured in months or years. A shorter term means higher monthly payments but less total interest paid.

Why it matters

Longer terms feel more affordable monthly but cost much more overall. A 30-year mortgage costs almost double in interest compared to a 15-year mortgage on the same amount.

Example

Borrowing $200,000 at 6.5%: A 15-year term costs $1,742/month ($113,561 total interest). A 30-year term costs $1,264/month ($255,088 total interest). You save $141,527 with the shorter term.

Origination Fee — Loan Origination Fee

A one-time fee the lender charges to process and set up your loan. It covers their costs for underwriting, verifying your information, and preparing paperwork.

Why it matters

Origination fees are usually 1-8% of the loan amount and are often deducted from your loan proceeds — so you receive less than you borrowed.

Example

You're approved for a $10,000 personal loan with a 5% origination fee. The lender deducts $500 upfront, so you receive $9,500 in your bank account but owe $10,000 plus interest.

Principal — Loan Principal

The original amount of money you borrowed, before any interest or fees are added. It's the 'real' amount of your debt.

Why it matters

Your interest is calculated on the principal. Paying extra toward principal (not just interest) is the fastest way to reduce your total cost and pay off a loan early.

Example

You borrow $25,000 for a car. That $25,000 is your principal. Your first payment of $450 might split as $150 toward interest and $300 toward principal, bringing your balance to $24,700.

Underwriting — Loan Underwriting

The process where a lender evaluates your finances — income, debts, credit history, assets — to decide whether to approve your loan and at what rate.

Why it matters

Understanding what underwriters look for helps you prepare a stronger application. They check your DTI ratio, employment stability, credit score, and the asset's value.

Example

You apply for a mortgage. The underwriter reviews your pay stubs (income), bank statements (savings), credit report (history), and orders an appraisal (home value). This takes 2-4 weeks.

Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.

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