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Uncapped Review: Expert Analysis & User Insights for 2023

If you run an ecommerce business and are in need of capital, Uncapped can give you the funding you need to accelerate growth and keep your business moving. Uncapped offers both fixed-term loans and revenue-based financing, allowing you to choose which works best for your business.

uncapped review
Uncapped - Fast, flexible funding for your online business
No minimum credit score required
Loan Amount up to $10 million
Repayment 3 to 24 months
Lindsay Frankel
Written by:Lindsay Frankel
Personal Finance Expert

Reviewed by: Sarah Brooks, Personal Finance Writer and Editor

Fact Checked by: Dr. JeFreda R. Brown, Financial Expert


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Expert Reviewer Verdict

With Uncapped revenue-based financing, you repay the funds as a percentage of your sales. This prevents defaulting during periods when revenue slows. Their fixed-term small business loans give you the full amount upfront with fixed repayment terms.

Uncapped is ideal for established ecommerce businesses with an online model that make at least $10,000 in monthly revenue. If your business sounds like a fit, read on. In this review, our team of expert reviewers has thoroughly analyzed and evaluated Uncapped small business loans. We will share our findings and provide our expert recommendations on whether Uncapped small business loans are worth considering.


Uncapped User Reviews

Uncapped is a new company and reviews about the lender are limited. While Uncapped currently has a 4.2 out of 5 star review on Trustpilot, that’s an average across only 10 reviews. Most customers had positive things to say about the lender.

For example, one customer wrote, “Uncapped has enabled me to grow my webshop. Great staff who provide prompt and adequate service. 10/10 would recommend!” However, one customer complained of poor communication from customer service.

The positive reviews are related toThe negative reviews are related to
Quick and easy application processIncompetent staff
Prompt and adequate customer servicePoor communication
Practical loan productNot the cheapest financing option

Summarized Ratings

This parameter considers the scores achieved from independent user review sites, such as Trustpilot. Ideally, each platform’s rating reflects scores from three distinct user review sites. However, this isn’t always possible. Ultimately, the various scores were aggregated and averaged to establish an overall user reviews score.

Uncapped has a peer leading User Reviews rating of 4.9, which is reflective of the independent user reviews posted on Trustpilot.

What is Uncapped?

Uncapped was founded in 2019 and has helped fund more than 500 businesses in 18 different countries. They are an alternative to traditional forms of financing - such as small business loans and venture capital. Instead, they offer funding through a revenue-shared agreement. Uncapped doesn’t charge interest rates, but rather charges a flat fee with repayments based on monthly revenues.

Uncapped is ideal for established businesses with an online model that make at least $10,000 in monthly revenue. If your business sounds like a fit, read on. You can learn about how funding from Uncapped works and how much it costs, as well as the unique benefits the lender provides.


Uncapped Pros and Cons

Uncapped Pros
Borrow up to $10 million
No personal guarantees required
No UCC liens
Fees as low as 2%
Decisions within 24 hours
Revenue-based options with no fixed due date
No minimum credit score
Uncapped Cons
Not available in select states
Requires at least 6 months in business
Requires at least $10,000 in monthly revenue
No phone or live chat support for applicants
Limited online reviews

Uncapped Loan Features

Fixed-Term Loan

You can borrow between $10,000 and $10 million from Uncapped. Terms range from three to 24 months, and you have the option to make daily, weekly, or monthly payments.

Term length3 to 24 months
RepaymentDaily, weekly, or monthly payments
Min - Max loan amount$10,000 to $10 million

Revenue-Based Financing

Revenue-based loans also come in amounts ranging from $10,000 to $10 million, but there’s no fixed repayment date, so the term will depend on your revenue. Uncapped will set an individual revenue share rate for your business, which will be between 5% and 25%. If revenues come to a halt, so will repayment. You’ll finish paying off the loan when you’ve paid back the entire balance in addition to the fee.

Term lengthVaries
Repayment5% to 25% of revenue earned
Min - Max amount$10,000 to $10 million

uncapped review

Uncapped Interest Rates and Fees

Fixed-Term Loan

Uncapped doesn’t charge any hidden costs on its fixed-term loans. Those include origination fees, prepayment fees, late fees, and maintenance fees. Instead of an interest rate, Uncapped charges a flat fee on its capital that ranges from 2% to 12% of the principal.

Origination FeesNone
Prepayment FeesNone
Late Payment FeesNone
Maintenance FeesNone
Interest RatesNone
Fixed Fee2% to 12%

Revenue-Based Financing

Revenue-based financing from Uncapped doesn’t come with any hidden costs, either. You’ll pay a flat fee between 2% and 12% of the loan amount, but you won’t have to worry about compounding interest, late fees, origination fees, or prepayment penalties.

Origination FeesNone
Prepayment FeesNone
Late Payment FeesNone
Maintenance FeesNone
Interest RatesNone
Fixed Fee2% to 12%

Uncapped Qualification Requirements

Fixed-Term Loans and Revenue-Based Financing

The qualifications for fixed-term loans and revenue-based financing from Uncapped are similar. You’ll need to be a business with an online model, such as direct-to-consumer, SaaS, subscription, mobile app, or ecommerce. More than 40% of your payments must be processed online. Sole proprietors don’t qualify, and neither do businesses based in California. Additionally, fixed-term loans aren’t available in North Dakota, South Dakota, or Vermont.

Uncapped doesn’t have a minimum credit score requirement, but your business will need to bring in at least $10,000 in average revenue per month. You’ll also need to be established with six months in business — startup capital isn’t available from Uncapped. If you’re unsure if your business qualifies, you can take a brief survey to find out if you’re eligible.

Minimum Credit ScoreNone
Minimum Annual Revenue$120,000
Minimum Time in Business6 months

Is your business a start-up? Check out these best loans for startups 

Uncapped Loan Application Process

You’ll start by signing up for an account with your full name, email address, and chosen password. You’ll then verify your account with your mobile phone.

uncapped loan application step 1

The next step is to provide Uncapped with information about your business. You’ll need to indicate the type of business you operate and your monthly revenue. You’ll also input your business name, website, and country of operation.

uncapped loan application step 2

Next, connect all your sales accounts to Uncapped. This gives Uncapped the data the lender needs to evaluate your business and make a funding offer. It’s easy to connect to Amazon, Stripe, PayPal, and more. Once your application is complete, you can expect a decision within 24 hours. If you receive an offer for funding, you’ll sign the agreement and receive the funds as quickly as the next day.

As your business grows, it’ll be possible to get additional capital from Uncapped. You can contact your account manager to find out your options.

Uncapped Customer Support

You can fill out this online form or email to reach customer support. Unfortunately, Uncapped doesn’t offer phone or live chat support for applicants. And information on the lender’s website is limited. However, once you’re approved for funding, you’ll receive a dedicated account manager you can call with any issues. 

Uncapped Perks and Bonuses


The Uncapped revenue-based financing product is very flexible. While Uncapped doesn’t have a hardship program for its fixed-term loans, choosing revenue-based financing can be a way to protect your business during times of slow growth. Since you repay Uncapped out of your sales, payments stop when your revenue halts. This allows you to pause repayment if your business is in trouble. Furthermore, you can access more funding as your business grows.


Uncapped charges a transparent finance fee, rather than combining interest with other fees as some lenders do. The lender’s website is informative and provides a calculator that allows you to easily estimate the total cost of borrowing.


Uncapped customers can enjoy a few perks, including free and fast ACH transfers, automated bills, and unlimited virtual cards for payments. Uncapped also utilizes technology throughout the process to make applying for and repaying your loan easier. For example, you can directly connect your sales accounts to give Uncapped the data it needs to approve your application. And you can even request more funding from your mobile phone as your business grows.

Final Thoughts

Uncapped won’t be the right funding solution for everyone, since the lender only serves established businesses with an online model. But if you’re an ecommerce business and you want to borrow money to invest in advertising, inventory, or hiring without worrying about default, revenue-based financing from Uncapped may be the best fit for your needs. Just be sure to compare the cost of borrowing with traditional loans and understand the tradeoffs.

Lindsay Frankel Personal Finance Expert

Written by: Lindsay Frankel

Personal Finance Expert

Lindsay began freelance writing full-time in 2018 and has written hundreds of personal finance articles for a variety of publications, including Investopedia and NextAdvisor. She specializes in covering loans, credit cards, insurance, and other financial topics.

More about me
Sarah Brooks

Reviewed by: Sarah Brooks

Personal Finance Writer and Editor

Sarah Brooks is a personal finance writer and editor with more than 10 years of experience. She specializes in personal and business loans, mortgages, auto loans, and credit cards.

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Dr. JeFreda R. Brown

Fact checked by: Dr. JeFreda R. Brown

DBA, CFEI and a highly respected expert in personal and business finance

Dr. JeFreda R. Brown is more than a financial consultant: she’s an avid teacher and subject matter expert who helps people—individuals and groups in a business setting—master the skills they need to achieve lasting financial wellbeing. As Founder and CEO of Xaris Financial Enterprises, it is her passion and life goal...

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