Preguntas Frecuentes

Luca offers cash advances tailored to the needs of small business owners, with a special focus on Latino entrepreneurs.

This financing can be used for various business needs, such as expansion, inventory acquisition, hiring staff, payroll expenses, advertising, equipment upgrades, emergencies, or debt consolidation.

Luca focuses on personalized service in Spanish, transparency, and offering more flexible terms than daily payments. Unlike other institutions, there are no intermediaries or complications, and the process is designed to be straightforward and simple.

Luca provides financing to various industries, including: Construction and home renovations, Bars, restaurants, and food trucks, Beauty salons and personal care, Transportation and vehicle repair, Manufacturing, Cleaning services.

Yes. Luca is a direct lender, so you won't pay extra fees on your cash advance with us.

Basic requirements include: A personal FICO® score of 580 or higher, average monthly sales of at least $7,500, at least 6 months of business operation, and a business bank account.

The amount depends on factors such as your business's monthly revenue, time in operation, and your credit score. At least $7,500 in monthly revenue, 6 months in operation, and a minimum credit score of 580 are required. Based on that, you could qualify for amounts between $5,000 and $100,000.

No collateral is required. Your company's bank account cash flow is what backs you.

Luca only works with businesses based in the United States. We offer our service in all 50 states, but not in Puerto Rico.

Yes. You can apply with your ITIN; you don't need to be a U.S. citizen to access financing with Luca.

The process consists of three steps:

1) Complete a simple application with basic information about your business and submit your last 4 bank statements.

2) A Luca representative will contact you to advise you and customize an offer.

3) Accept the offer, sign the contract, and receive the funds directly in your bank account.

Once the process is complete and the contract signed, you can receive the funds in your bank account in less than 24 hours.

During the application, we'll ask you some basic questions about your business. Upon completion, we'll ask you to upload the last 4 statements from your business bank account for analysis. Once you receive and accept our financing offer, we'll sign a contract to formalize the agreement. The entire process is 100% digital.

Yes, it is possible. Once you have paid more than half of your current balance, we can evaluate the possibility of extending your financing or applying for additional capital, provided your payment history has been positive. The longer your payment history with us, the better the terms we can offer you.

Quite the opposite. There are no penalties for early payment; in fact, if you cancel your financing ahead of schedule, you will end up paying a lower total cost. At Luca, we reward customers who wish to settle their commitment before the agreed-upon term.

Everyone can face difficulties in business, so if you ever can't make your payments, the best thing to do is contact us. We'll help you reconfigure your payments for a period so you can get your finances in order. Remember, communication with us is key. If you ultimately don't pay, this will affect your company's credit history, which could make it difficult to obtain financing in the future.

The total cost of financing varies depending on your financial profile, income, and documentation. Once your documents are reviewed, Luca will present you with a clear, personalized proposal outlining the full terms. Advances are offered from $5,000 to $100,000 with repayment terms of 5 to 12 months.

Applying won't affect your personal credit, as Luca does not perform hard inquiries ("hard checks"). Even if you receive the financing, your personal credit score will not be affected.

We do not offer daily payments because we believe they can affect our clients' cash flow. We offer financing with payments, initially, twice a week, weekly, or bi-weekly.

Currently, we offer financing with payments made twice a week, weekly, or bi-weekly. Based on the review of your documentation, we will determine which repayment schedule you qualify for.