Who is eligible for WeTravel Growth Capital?
WeTravel Growth Capital is available to the entire WeTravel community - you, the trip organizer, as well as the network of companies you work with as vendors, partners, suppliers, or collaborators. All US and Canadian* travel businesses (registered companies as well as sole proprietors) who meet the minimum criteria of at least $10k in average monthly revenue, six months in business, and a 550+ credit score are invited to apply.
* Having your business and bank account registered in the US or Canada.
What’s the process to apply for capital?
Applying is quick and easy - this can be done by clicking here. The process takes under 5 minutes to complete and is fully electronic! Once you’ve begun the application process, a dedicated funding advisor will work with you from start to finish and will be there to answer any questions along the way.
What products are available to me?
There are several products from term loans to lines of credit. The funding advisor team will work with you to find the best fit for your business both now and in the future.
What is a line of credit?
You can borrow up to a maximum credit limit and only pay interest on the amount of funds you draw from your client line on a monthly basis.
What will I be expected to provide during the application process?
Completing the application requires light details to start. During the underwriting process, additional documents may be requested based on specific lender requirements. If any are needed, your advisor will guide you through the process.
Will my credit be impacted when I apply?
Not at all. By applying, your credit will not be impacted without your consent. Your application will be reviewed by the funding advisor team and a dedicated advisor will walk you through the next steps and any potential credit checks in the process before they occur.
What if I have a question about the process during the application stage?
Your dedicated funding advisor will be available to answer any questions you may have at any point during the process via text, email or phone!
How long will it take to get funds after I’ve completed the application?
You can be funded in as little as 24 hours! Your funding advisor will work with you on any requirements prior to funding, but we can move as fast as you do through the process.
Contact WeTravel Growth Capital support 💬
Please kindly forward your questions and concerns regarding loans and loan eligibility to the following support channels:
Email: support@capital.wetravel.com
Phone: +1 (737) 587-3205
Support hours: 9 am - 5 pm CST, Monday-Friday