We didn't need the money but we took it anyways as I know from past experiences that it's better to take the offer and build a relationship when you don't need it rather than coming with your mouth and hands open and getting denied when your desperate and really need it.
10% fee or $2,000
Stripe takes 5% of your daily revenue until the loan is paid back with the fee
Comparable bank loans for a $20K unsecured line would have been anywhere from 7% - %29%. We've been in business for just over 2 years so that had something to do with it I'm sure.