How to apply
After registration, you can apply for a loan or other financial products. First, click Apply Now. Business owners need to provide information on their businesses to receive funds. Then, your bank account will be checked by Plaid. It is a verification service which analyzes your information and provides you with a decision on your application.
Once you receive a decision, review the loan details. If you are ready to accept them, sign your contract. PopCash uses DocuSign, an electronic signature service. After that, you only need to tap Get Funded.
Requirements
PopCash is a good option for businesses to cover their day-to-day operations. To receive funds, a business needs to be in operation for at least 3 months. Its monthly deposits should be at least $1,500. The minimum average daily balance to qualify for PopCash is $150.
Application Details
To apply for a loan, go to the official website. Be ready to provide the following documents:
Questionnaire,
Passport,
Registration at the place of residence,
Documents confirming the financial condition and employment of the borrower/co-borrower/guarantor.
The package of documents may vary depending on the type of loan.
The application is considered from 3 to 48 hours. After approval, funds can be transferred within 2-5 business days. Please note that the most common reasons for refusal may be a bad credit history, low scores or non-compliance with rights.
