Online Business Funding, Entirely on Your Terms

Swell is a revenue advance: Coast approves your business for a funding limit based on its revenue, and you draw what you need — $5,000 minimum, up to your limit — with a new draw available every 30 days. You choose a projected term of 4, 6, or 8 months for each draw, repay as a portion of your revenue through weekly ACH payments, and pay only for the time funds are outstanding. Pay off early and you reduce your cost.

Revenue-based financing is underwritten against business revenue and cash flow — rather than focusing heavily on personal credit or hard collateral. Cost is tied to the amount advanced and the time it stays outstanding. With Swell that cost is a monthly rate of 2.99%, 3.99% or 4.99% depending on the projected term you choose,* so repaying sooner costs less. It is not a traditional loan and it is not a line of credit. Coast holds Swell on its own balance sheet, so there is a single counterparty from application through renewal.

Your cost is set by the projected term you choose: 4-month terms are priced at a monthly rate of 2.99%, 6-month at 3.99%, and 8-month at 4.99%.* Each draw also carries a flat $495 draw fee, regardless of size. Because you only pay for the time funds are outstanding, paying off ahead of schedule lowers your total cost. Note that monthly rates are not APRs — your contract and state disclosures spell out the full cost before you sign.

Approvals happen in as little as 15 minutes, entirely online. Once approved, you select your term and sign electronically — funds can arrive as soon as the same business day.* To receive same-day funds, closing documents generally need to be completed by 11 AM PT, Monday through Friday; later signings fund the following business day. There are no branch visits and no waiting on a callback at any point in the process.

Swell fits established businesses with steady revenue — typically at least a year in business, with $200K+ in annual revenue giving the best approval odds. Underwriting focuses on the health of your business: consistent deposits and strong average bank balances matter more than your personal credit score. You'll complete the application online, securely connect your business bank account, and verify your identity with a driver's license and a voided check or direct deposit form.

The minimum draw is $5,000, and you can take a new draw every 30 days, up to your approved funding limit. Each draw gets its own projected term — 4, 6, or 8 months, your choice — so you can match each round of funding to the job it's doing. Your limit isn't fixed forever, either: as your revenue and payment history build, your funding limit can increase over time.

Swell is available in most U.S. states, but not currently in Florida, New York, North Dakota, South Dakota, Texas, Vermont, or Virginia. If your business operates in one of those states, you're not out of options — Coast offers other funding programs nationwide, and a Business Funding Advisor can match you with the structure that fits your needs.

No — there's no hard credit pull to apply. Coast uses a soft pull to verify identity, which will not impact your personal credit score, and Swell approvals are tied to the revenue of your business rather than your personal credit. That makes Swell a comfortable way to see real numbers — amounts, terms, and weekly payments — before making any commitment.

They're close cousins — both are revenue-based — but Swell gives you more control. You can draw once every 30 days up to your approved funding limit, entirely online: approvals in minutes, funding from $5K to $100K, and your choice of a projected term of 4, 6, or 8 months on every draw. Working Capital is advisor-guided and reaches further — $5K to $2M with 6–24 month structures. If you need more than $100K, or you'd rather have hands-on guidance, speaking to an advisor first is the best place to start.

No — Swell is a revenue advance, a form of revenue-based financing. Rather than lending against your personal credit, Coast advances funds against the future revenue of your business, which you repay as a portion of your revenue through weekly ACH payments. The personal guarantee is limited — it applies only to fraud and bad acts defined in the agreement, not to ordinary business performance. Swell is a direct Coast funding product held on our own balance sheet.

No. Swell was designed to be fully self-serve — you apply, review your options, choose your term, and sign entirely online. That said, real people are here when you want them: dedicated, U.S.-based advisors are available Monday through Friday if you'd like a second opinion on structuring a draw. You set the pace; we follow your lead.