Quick10K Launches Rapid Business Funding Platform
The New York-based firm provides business financing decisions in under 10 minutes.
Updated on Oct. 27, 2026 in Financial Services
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New York-based company Quick10K has launched a new online platform designed to provide small business owners with $10,000 in financing. The service aims to streamline access to capital by delivering funding decisions in under 10 minutes.
Why it matters
The platform seeks to minimize traditional waiting periods for business capital by using a combination of human evaluation and wire transfers. By digitizing the application process, the firm aims to provide immediate financial support to business owners.
The platform offers $10,000 in financing with a total repayment of $14,495. Applicants commit to daily payments of $365, with the company noting that funds may reach recipient accounts within one hour of approval.
The players
Quick10K
This New York-based firm operates an online platform that connects business owners with third-party lenders for financing.
Swanlake Partners LLC
This entity serves as the parent company and operator of the Quick10K business funding platform.
The details
Operated by Swanlake Partners LLC, the platform utilizes third-party lending relationships to secure funding. Unlike fully automated lending models, the company evaluates applications through human review to determine eligibility, charging no origination, broker, or underwriting fees.
Timeline
Quick10K officially launched its online funding platform on October 27, 2026.
Market Landscape
This platform follows a pattern set by the merchant cash advance industry standard by utilizing daily fixed repayments in exchange for immediate capital. The model highlights the ongoing shift toward rapid, short-term liquidity solutions for small businesses.
Business owners should note that while the $10,000 financing provides rapid access to capital, the $14,495 total repayment amount requires consistent daily payments of $365. Potential applicants should carefully calculate the impact of these daily costs on their cash flow.
The takeaway
Small business owners seeking immediate cash should weigh the convenience of a 10-minute approval process against the total repayment cost. Always ensure that the daily payment schedule aligns with the operating revenue of your business before committing to short-term financing.
Further reading
Learn more about local corporate developments in our Financial Services section.
More information
Apply for funding or review the terms on the business funding application platform.
Source note: This article includes information reported by The Manila times.
Live Poll
Is now a good time for a business to take on daily-repayment financing?
