Headway Capital

When you don't know the sucker. it's you!

Headway Capital will take advantage of you and your situation. Under NO circumstances is this a good option. Don't walk, RUN. They are financial blood suckers. GO ANYWHERE ELSE. Please see below. It's a letter from Headway Capital. I removed my personal information, but we are excellent customers--as you will see in the letter--and after more than a year of on-time payments, we requested a minimal short-term reduction to get over the hump. Their interest rates are insane. I would have been better off borrowing from the mafia. Please read Headway Capital's response to my request. These are the worst people to deal with. Please don't find out the hard way. Of note: I've already spoken to customer service. How else would I have initiated the request? I learned a hard lesson so you don't have to. Dear, Thank you for contacting Headway Capital. The Complaints and Disputes Team has thoroughly reviewed your concerns regarding the interest rate and payment amount associated with account #. We appreciate the opportunity to review your concerns and address your request. Upon review of your account, we confirmed that your Business Line of Credit Agreement for was executed on 2025. Your account is currently in good standing with a $0.00 past-due balance, and your next scheduled payment of $ is due on 2026. We understand your concerns regarding the amount of interest being charged, your request to reduce the interest rate, and your request to lower your recurring payment amount. We also acknowledge the financial circumstances you shared and your request for assistance. After a thorough review, we confirmed that the interest rate, payment schedule, and repayment obligations associated with your account were established in accordance with the terms of your signed Business-Use Line of Credit and Security Agreement (the “BLCSA”). The terms of the agreement remain applicable unless modified through a written agreement accepted by Headway Capital. As outlined in Section 13 entitled PROMISE TO PAY of the Business-Use Line of Credit and Security Agreement between and Headway Capital, LLC (“Headway”): “Borrower agrees to make to Lender each of the payments contemplated by Sections 11 and 12 in the manner contemplated thereby. Borrower agrees to pay Lender the principal balance of all Advances hereunder, all interest owed hereunder, and any and all other charges and/or other sums imposed by Lender in accordance with the terms of this Agreement.” Additionally, Section 50 entitled CHANGE IN TERMS states that any requested changes to the agreement must be accepted by Headway Capital and are only binding when documented in a written agreement signed by Headway Capital. Based on our review, we are unable to retroactively reduce the interest rate, permanently adjust the payment amount, or renegotiate the existing repayment terms outside of the provisions available under the agreement. We understand that financial circumstances may change and appreciate you bringing your concerns to our attention. While we are unable to modify the contracted terms of your active account, we remain available to review whether any available account assistance options may apply based on your account status and circumstances. If you would like to discuss available assistance options, please contact our Customer Support Team at (866) 698-8494. Sincerely, Headway Capital Management & Customer Support (866) 698-8494

Broken Promises

When I accepted the Line of Credit, I was told that after a round of funding, that my terms would be adjusted and my line increased. I've been through multiple rounds of funding, but every time I ask for a better interest rate and an increase in my LOC, I am told "no". I feel stuck now because I could have gone with other companies that are known to abide by their promises. Choose carefully if you want Headway Capital and get every promise in writing because they won't do what they say they will do.

One of the first major lenders to…

One of the first major lenders to believe in our small business and they have not failed us in over 2 years. We are grateful for their partnership. Easy to draw and easy to pay for their revolving Line of Credit. The only thing to be aware of is the draw is not instant. It does take a few days to arrive in the business account so you would want to plan accordingly.

Top-notch company

Top-notch company. Very accommodating to your needs.

Best Business lending company

Best Business lending company I have ever worked with. When you need money it's stressful enough. Dealing with Headway is a breeze. They have a great system that makes things transparent and easy. And when you do talk with someone they are well informed and customer centric. Thank you Headway team sincerely.

I feel completely cheated by this loan

I feel completely cheated by this loan. My business is paying over 70% APR, and what seemed like a solution quickly became a major financial burden. The long-term cost has put tremendous pressure on my business. Had I fully understood the true cost of this financing, I would never have agreed to it. Based on my experience, I would strongly encourage business owners to avoid working with Headway Capital and to carefully compare all financing options before signing any agreement.

Easy to use and draws are paid within…

Easy to use and draws are paid within 12 to 24 hours

Very easy to apply and manage.

Was not honest about interest payment.

They made my experience very easy

They made my experience very easy. It only took a day to be approved, and funds were in my account

For an emergency fund this was an easy…

For an emergency fund this was an easy finance option

The Best!

Couldn’t have been easier!! Taylor made the whole experience fast and painless. I would highly recommend.

Headway was quick to find a solution…

Headway was quick to find a solution that would fit my small business needs. Times have been tough for my 34 year old staffing firm and Headway stepped in when I needed them the most for immediate cash flow. I would certainly recommend them.

First class customer service

First class customer service. Very knowledgeable with no wait time.

Dependable

It's simple, clearcut, consistent. The telephone assistants are polite, knowledgable and helpful when needed and the draws dependable. However long term the interest rate is a killer and so it isn't an arrangement meant for stop gap measures when clients don't pay on time but rather emergencies. Would be interested in another product by this well run organization with more lower interest rates that can be sustained for a longer relationship.

It's nice that the money is available

It's nice that the money is available, but the interest rate is just way to high.

I tried to do a draw on my line and it said it would be processed in 7 days.

I tried to do a draw on my line and it said the date of the transfer would be in 7 days. That's not workable for an LOC.

Service is good

Service is good, but way expensive. Existing customers should be given a break Interest rate is more than major credit cards.

Our experience has been very good

Our experience has been very good, and you deliver what you promise. The customer service has been wonderful and helpful. Thank you, Headway Capital for helping us to complete our projects!

Great rates

Great rates, friendly fast service. No hiden or unexplained fees.