1West
Loan marketplace, not a direct lender: one free application to 50+ lenders for $5,000 to $1,000,000+. Rates 24% to 90%, 3 months in business, funds in 24 to 72 hours.
Rates & Cost
What the financing costs, normalized so lenders can be compared.
Repayment Terms
How and how fast you pay it back, and how flexible it is.
Eligibility & Access
Who qualifies and what you have to put on the line.
Speed & Service
How fast you get funded and how the lender treats you.
Company Verification
Who actually stands behind the lender: legal entity, registration, and how long the business and its website have existed. Checked against public registries.
Best for: Businesses with 3+ months of deposits and about $10,000 a month in revenue that want one application to reach 50+ lenders and fast working-capital offers.
Not for: Owners who want the lender and price before applying, startups, or anyone who qualifies for a cheaper bank or SBA loan.
Lender List verdict: 1West is a loan marketplace, not a direct lender, with fast offers and strong reviews. Cost depends on the partner you accept, and 1West itself puts rates at 24% to 90%, so compare the payback on every offer.
1West at a glance: review summary
1West is a New York loan marketplace that routes one business application to 50+ partner lenders for $5,000 to $1,000,000+.
| 1West | |
|---|---|
| Lender type | Loan marketplace, not a direct lender |
| Founded | 2017 |
| HQ | New York, NY (second office in Iselin, NJ) |
| Parent/owner | Jaydee Ventures, LLC (doing business as 1West) |
| Products | Working capital, lines of credit, SBA, equipment, real estate, receivables financing, HELOC |
| Amounts | $5,000 to $1,000,000+ on its form (Bankrate: up to $20 million) |
| Cost (headline) | Rates 24% to 90% per 1West; no fee to apply |
| Term | Up to 25 years, depending on product and partner |
| Funding speed | Offers often within 24 hours; funds 24 to 72 hours after documents |
| Status | Active (2026-10-27); marketplace |
What is 1West?
1West is the trade name of Jaydee Ventures, LLC, a New York company started in 2017 whose ABLE engine sends one financing application to 50+ lenders and returns their offers. The partner you pick funds the deal and sets the rate.
Named partners include OnDeck, Fundbox, SmartBiz and Celtic Bank.
How 1West business loans work
1West business loans come from partner lenders: you file one application, ABLE shares it with partners that fit, and you choose an offer.
- Application: about 15 minutes online.
- Offers: often within 24 hours.
- Payments: daily, weekly, bi-weekly or monthly; monthly usually goes to stronger applicants.
- Funding speed: 24 to 72 hours after documents for short-term products.
1West rates and fees: what it really costs
1West says partner rates run 24% to 90%, mostly by credit; reviewers cite starting costs of 5% on receivables and about 18% on unsecured working capital.
- Charged: nothing by 1West; the partner's rate or factor cost plus any origination fees, shown in each offer
- Not published: factor rates, holdback percentage, fee amounts or UCC lien terms
- Early payoff: no prepayment penalty; some partners discount the balance if you pay early
- Rate match (per Finder): on $20,000+ approvals, a lower competing rate is matched or you get a $500 Amazon gift card
Worked example: take $50,000 of working capital at an 18% cost (a 1.18 factor, the starting figure reviewers report) and you repay $59,000. Spread over 12 months of weekday debits, that is 252 payments of $234.13, roughly 34% APR; over 6 months, $468.25 a day, about 68% APR. At 1West's own 24% floor you repay $62,000, or $246.03 a weekday for 12 months, about 45% APR.
1West requirements
1West's FAQ asks for 3 months in business and $10,000 a month in revenue; its homepage says 6 months and $15,000.
| Requirement | 1West minimum |
|---|---|
| Personal credit score | None published (Bankrate: 500; 550 equipment, 650 SBA) |
| Time in business | 3 months (homepage: 6 months) |
| Annual revenue | $10,000 a month, $120,000 a year (homepage: $15,000 a month) |
| Bank account / integrations | Business bank account; bank statements only |
| Credit check | Soft to start, per United Capital Source |
| Collateral / guarantee | No collateral for working capital; personal guarantee not published (set by the partner) |
Partners decide mainly on your business bank deposits; tax returns and personal statements don't count.
Merchant cash advance rules that protect you
If your business is run mainly from New York, any offer of $2.5 million or less you get through 1West must show an estimated APR, finance charge and payment schedule under the state's Commercial Finance Disclosure Law (in force August 1, 2023). California, Utah and Virginia have similar disclosure rules, and Virginia requires sales-based financing providers and brokers to register; Jaydee Ventures appears on Virginia's June 2024 registrant list. 1West publishes no confession-of-judgment or stacking policy; check the partner's contract.
Pros and cons
1West's strength is reach with a free application; its weakness is partner-set pricing up to 90%.
Pros
- One free application reaches 50+ lenders
- Low entry bar: 3 months in business and $10,000 a month
- No prepayment penalty, plus a rate-match pledge on $20,000+ approvals
Cons
- Not a lender: you can't see which partner or price you'll get until offers arrive
- Rates reach 90%, and short terms with daily debits push APRs higher
- Its own pages disagree on minimum time in business and revenue
- No published factor rates, fee amounts or broker compensation
1West vs. Lendio vs. National Funding
1West reaches $1,000,000+ through partners, versus $5,000,000 at Lendio and $500K working capital at direct funder National Funding.
| 1West | Lendio | National Funding | |
|---|---|---|---|
| Max amount | $1,000,000+ via partners | $5,000,000 via partners | $500K working capital |
| Pricing | Partner rates 24% to 90%; no 1West fee | Cash advance from 18%, term loans from 6%; no Lendio fee | Not disclosed (Bankrate: factor from 1.1) |
| Min FICO | None published (Bankrate: 500) | 600+ (some 500s) | Most customers 600+ (Bankrate: 660) |
| Min time in business | 3 months (homepage: 6 months) | 6 months (some 3) | 6 months for equipment (NerdWallet: 24 months) |
| Min annual revenue | $120,000 (homepage: $180,000) | $96,000 | Not stated (Bankrate: $250,000) |
| Repayment | Daily, weekly, bi-weekly or monthly | Set by the partner | Daily or weekly ACH, 4 to 24 months |
| Early payoff | No penalty; partner discount possible | Set by the partner | May offer early payoff discounts |
Lendio and National Funding figures are from their own sites, with third-party figures marked, checked 2026-10-26.
Choose 1West for fast offers at 3 months in business, Lendio for a bigger network, National Funding for a direct funder.
1West alternatives on Lender List
The closest 1West alternatives are marketplaces Lendio and Biz2Credit, plus direct lenders National Funding and OnDeck.
- Lendio — larger marketplace, up to $5,000,000
- Biz2Credit — online term loans and working capital
- National Funding — direct funder, working capital up to $500K
- OnDeck — direct lender and 1West partner
- Browse all merchant cash advance providers on Lender List
Frequently asked questions about 1West
Is 1West Finance Legit? Yes. 1West is the trade name of Jaydee Ventures, LLC, in business since 2017, BBB-accredited since 2020 with an A+ rating, and listed as a Virginia sales-based financing registrant in 2024. Trustpilot shows 4.8/5 from 1,971 reviews. Our search found no regulator orders against it.
Are 1West Reviews Good? Mostly, yes. Trustpilot rates 1West 4.8/5 from 1,971 reviews, Finder reports 4.06/5 from 381 BBB reviews with 4 complaints, and Bankrate scores it 4.5/5. Critics cite high costs on unsecured funding, offers that change during underwriting, and thin follow-up after you submit.
Is 1West a Direct Lender or a Broker? A broker. 1West is a loan marketplace: its ABLE engine passes your application to 50+ partner lenders, and the partner you accept funds the deal and sets the rate. Its terms describe lenders you are matched or referred to, and the BBB lists it as a loan broker.
What Happens If My Sales Drop? Tell 1West early. Its FAQ says payments may be reduced for a while as cash flow recovers, but the partner's contract controls. On fixed daily or weekly debits, ask whether the agreement has a reconciliation clause that adjusts payments to actual deposits before you sign.
How Fast Does 1West Fund? Within 24 to 72 hours for short-term working capital, counted from when 1West has your documents, and offers often arrive within 24 hours. Bankrate reports 1 to 4 weeks for other products and up to 90 days for SBA loans, so plan ahead for anything beyond working capital.
Does 1West Charge Fees? Not to apply. 1West says its application carries no fee or obligation, and it does not disclose how partners pay it. The lender you choose may charge origination or other fees, which appear in the offer and raise the true cost above the headline rate.
Does 1West Do a Hard Credit Check? Not to start. United Capital Source says 1West begins with a soft credit check, and Finder reports no hard pull from 1West itself. The partner lender you accept may run a hard inquiry before funding, depending on its own rules and the product.
Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.
Best for: Businesses with 3+ months of deposits and about $10,000 a month in revenue that want one application to reach 50+ lenders and fast working-capital offers.
Not for: Owners who want the lender and price before applying, startups, or anyone who qualifies for a cheaper bank or SBA loan.
Lender List verdict: 1West is a loan marketplace, not a direct lender, with fast offers and strong reviews. Cost depends on the partner you accept, and 1West itself puts rates at 24% to 90%, so compare the payback on every offer.
1West at a glance: review summary
1West is a New York loan marketplace that routes one business application to 50+ partner lenders for $5,000 to $1,000,000+.
| 1West | |
|---|---|
| Lender type | Loan marketplace, not a direct lender |
| Founded | 2017 |
| HQ | New York, NY (second office in Iselin, NJ) |
| Parent/owner | Jaydee Ventures, LLC (doing business as 1West) |
| Products | Working capital, lines of credit, SBA, equipment, real estate, receivables financing, HELOC |
| Amounts | $5,000 to $1,000,000+ on its form (Bankrate: up to $20 million) |
| Cost (headline) | Rates 24% to 90% per 1West; no fee to apply |
| Term | Up to 25 years, depending on product and partner |
| Funding speed | Offers often within 24 hours; funds 24 to 72 hours after documents |
| Status | Active (2026-10-27); marketplace |
What is 1West?
1West is the trade name of Jaydee Ventures, LLC, a New York company started in 2017 whose ABLE engine sends one financing application to 50+ lenders and returns their offers. The partner you pick funds the deal and sets the rate.
Named partners include OnDeck, Fundbox, SmartBiz and Celtic Bank.
How 1West business loans work
1West business loans come from partner lenders: you file one application, ABLE shares it with partners that fit, and you choose an offer.
- Application: about 15 minutes online.
- Offers: often within 24 hours.
- Payments: daily, weekly, bi-weekly or monthly; monthly usually goes to stronger applicants.
- Funding speed: 24 to 72 hours after documents for short-term products.
1West rates and fees: what it really costs
1West says partner rates run 24% to 90%, mostly by credit; reviewers cite starting costs of 5% on receivables and about 18% on unsecured working capital.
- Charged: nothing by 1West; the partner's rate or factor cost plus any origination fees, shown in each offer
- Not published: factor rates, holdback percentage, fee amounts or UCC lien terms
- Early payoff: no prepayment penalty; some partners discount the balance if you pay early
- Rate match (per Finder): on $20,000+ approvals, a lower competing rate is matched or you get a $500 Amazon gift card
Worked example: take $50,000 of working capital at an 18% cost (a 1.18 factor, the starting figure reviewers report) and you repay $59,000. Spread over 12 months of weekday debits, that is 252 payments of $234.13, roughly 34% APR; over 6 months, $468.25 a day, about 68% APR. At 1West's own 24% floor you repay $62,000, or $246.03 a weekday for 12 months, about 45% APR.
1West requirements
1West's FAQ asks for 3 months in business and $10,000 a month in revenue; its homepage says 6 months and $15,000.
| Requirement | 1West minimum |
|---|---|
| Personal credit score | None published (Bankrate: 500; 550 equipment, 650 SBA) |
| Time in business | 3 months (homepage: 6 months) |
| Annual revenue | $10,000 a month, $120,000 a year (homepage: $15,000 a month) |
| Bank account / integrations | Business bank account; bank statements only |
| Credit check | Soft to start, per United Capital Source |
| Collateral / guarantee | No collateral for working capital; personal guarantee not published (set by the partner) |
Partners decide mainly on your business bank deposits; tax returns and personal statements don't count.
Merchant cash advance rules that protect you
If your business is run mainly from New York, any offer of $2.5 million or less you get through 1West must show an estimated APR, finance charge and payment schedule under the state's Commercial Finance Disclosure Law (in force August 1, 2023). California, Utah and Virginia have similar disclosure rules, and Virginia requires sales-based financing providers and brokers to register; Jaydee Ventures appears on Virginia's June 2024 registrant list. 1West publishes no confession-of-judgment or stacking policy; check the partner's contract.
Pros and cons
1West's strength is reach with a free application; its weakness is partner-set pricing up to 90%.
Pros
- One free application reaches 50+ lenders
- Low entry bar: 3 months in business and $10,000 a month
- No prepayment penalty, plus a rate-match pledge on $20,000+ approvals
Cons
- Not a lender: you can't see which partner or price you'll get until offers arrive
- Rates reach 90%, and short terms with daily debits push APRs higher
- Its own pages disagree on minimum time in business and revenue
- No published factor rates, fee amounts or broker compensation
1West vs. Lendio vs. National Funding
1West reaches $1,000,000+ through partners, versus $5,000,000 at Lendio and $500K working capital at direct funder National Funding.
| 1West | Lendio | National Funding | |
|---|---|---|---|
| Max amount | $1,000,000+ via partners | $5,000,000 via partners | $500K working capital |
| Pricing | Partner rates 24% to 90%; no 1West fee | Cash advance from 18%, term loans from 6%; no Lendio fee | Not disclosed (Bankrate: factor from 1.1) |
| Min FICO | None published (Bankrate: 500) | 600+ (some 500s) | Most customers 600+ (Bankrate: 660) |
| Min time in business | 3 months (homepage: 6 months) | 6 months (some 3) | 6 months for equipment (NerdWallet: 24 months) |
| Min annual revenue | $120,000 (homepage: $180,000) | $96,000 | Not stated (Bankrate: $250,000) |
| Repayment | Daily, weekly, bi-weekly or monthly | Set by the partner | Daily or weekly ACH, 4 to 24 months |
| Early payoff | No penalty; partner discount possible | Set by the partner | May offer early payoff discounts |
Lendio and National Funding figures are from their own sites, with third-party figures marked, checked 2026-10-26.
Choose 1West for fast offers at 3 months in business, Lendio for a bigger network, National Funding for a direct funder.
1West alternatives on Lender List
The closest 1West alternatives are marketplaces Lendio and Biz2Credit, plus direct lenders National Funding and OnDeck.
- Lendio — larger marketplace, up to $5,000,000
- Biz2Credit — online term loans and working capital
- National Funding — direct funder, working capital up to $500K
- OnDeck — direct lender and 1West partner
- Browse all merchant cash advance providers on Lender List
Frequently asked questions about 1West
Is 1West Finance Legit? Yes. 1West is the trade name of Jaydee Ventures, LLC, in business since 2017, BBB-accredited since 2020 with an A+ rating, and listed as a Virginia sales-based financing registrant in 2024. Trustpilot shows 4.8/5 from 1,971 reviews. Our search found no regulator orders against it.
Are 1West Reviews Good? Mostly, yes. Trustpilot rates 1West 4.8/5 from 1,971 reviews, Finder reports 4.06/5 from 381 BBB reviews with 4 complaints, and Bankrate scores it 4.5/5. Critics cite high costs on unsecured funding, offers that change during underwriting, and thin follow-up after you submit.
Is 1West a Direct Lender or a Broker? A broker. 1West is a loan marketplace: its ABLE engine passes your application to 50+ partner lenders, and the partner you accept funds the deal and sets the rate. Its terms describe lenders you are matched or referred to, and the BBB lists it as a loan broker.
What Happens If My Sales Drop? Tell 1West early. Its FAQ says payments may be reduced for a while as cash flow recovers, but the partner's contract controls. On fixed daily or weekly debits, ask whether the agreement has a reconciliation clause that adjusts payments to actual deposits before you sign.
How Fast Does 1West Fund? Within 24 to 72 hours for short-term working capital, counted from when 1West has your documents, and offers often arrive within 24 hours. Bankrate reports 1 to 4 weeks for other products and up to 90 days for SBA loans, so plan ahead for anything beyond working capital.
Does 1West Charge Fees? Not to apply. 1West says its application carries no fee or obligation, and it does not disclose how partners pay it. The lender you choose may charge origination or other fees, which appear in the offer and raise the true cost above the headline rate.
Does 1West Do a Hard Credit Check? Not to start. United Capital Source says 1West begins with a soft credit check, and Finder reports no hard pull from 1West itself. The partner lender you accept may run a hard inquiry before funding, depending on its own rules and the product.
Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.
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