ROI Funder vs Headway Capital

What Headway Capital says about its line of credit

Headway offers a business line of credit from $5,000 to $100,000 with 12, 18 or 24 month terms and weekly or monthly payments.

We read Headway's own pages (homepage and FAQ, checked October 2026). These are the facts it states.

• Credit limits: $5,000 to $100,000.
• Terms: 12, 18 or 24 months, with weekly or monthly payments by ACH.
• Eligibility: at least six months in business and at least $50,000 in annual revenue, in an eligible state or Washington, D.C.
• Credit: no minimum score is stated. Personal credit is one of several factors.
• Speed: funds are typically deposited by the next business day after approval.
• Fees: a draw fee of up to 2 percent depending on your state, no annual or monthly service fee, no prepayment penalty, and late fees may apply.
• Credit check: a soft pull to start, unless your credit file is restricted.

Headway also shows a sample on its homepage: a $26,000 limit at a 3.3 percent monthly rate with a 2 percent draw fee gives a $424 weekly payment. It notes rates and limits vary. Treat that as Headway's illustration, not a quote.

How the two compare on the basics

Headway is a single-product line of credit up to $100K. ROI Funder is a multi-product match from $5,000 to $5,000,000.

The two overlap more than most comparisons. Both need six months in business, both start with a soft pull, and both can move quickly. The real split is range and variety. A complete ROI Funder file is the application plus 3 months of business bank statements.

When Headway Capital is the better fit

Headway is a good fit if you want a revolving-style line of credit under $100K, with a stated fee structure and no prepayment penalty.

Headway is purpose-built for one thing. If your need is a flexible credit line for recurring expenses such as supplies, seasonal payroll or short gaps between invoices, and $100,000 or less covers it, a single focused product can be simpler to understand.

Its published terms are also easy to read: stated eligibility, a stated fee range, and a stated policy of no prepayment penalty. If you have a clean banking history and the annual revenue it asks for, that clarity is a real advantage.

One note on structure. Headway's own page describes fixed 12, 18 or 24 month terms with scheduled payments and an amortizing balance. That is a different mechanic from a classic revolving line you can draw, repay and redraw freely. Read the draw terms before you assume how it behaves. Our business line of credit page explains the traditional version we place.

When ROI Funder is the better fit

ROI Funder is the better fit when you need more than $100K, need equipment or SBA funding, or want several structures compared before you choose.

A line of credit is not the right tool for every job. Buying a $150,000 machine is a job for equipment financing, where the machine is the collateral and the payback comes from what it produces. A major expansion may suit a term loan or an SBA loan, which usually costs less but moves more slowly. A merchant with swinging monthly sales may prefer revenue-based financing, where payments follow revenue.

ROI Funder is built around that comparison. We work with a network of 100+ funders and match each file to the ones that fit, then lay out true cost, payback period and monthly-equivalent payments before anything is signed. Our guide to which funding fits your business shows how to pick.

ROI Funder is also worth a look if you need an amount above Headway's ceiling, or if your credit sits in the 500s and you want to see what is possible.

Converting a weekly payment into a monthly number

Multiply a weekly payment by 52 and divide by 12 to get the monthly equivalent, which makes different offers comparable.

Weekly payments feel small and hide the real monthly load. Use the same arithmetic on every offer.

Illustrative example: a $400 weekly payment is $400 x 52 = $20,800 a year, or about $1,733 a month. A different offer with a $1,700 monthly payment looks similar, but only after you do the conversion. Then add up the total repaid over the whole term and subtract the amount you received. That difference is the real cost of the money.

Do this for every quote, including ours. If you want a ready-made method, see how to convert daily payments to a monthly equivalent and the total cost walkthrough.

Applying to both without hurting your credit

Both start with a soft credit pull, so you can request terms from each and compare before accepting anything.

Because both applications begin with a soft inquiry, comparing carries little risk to your score. Headway states that its initial check does not affect your score unless your credit file is restricted. ROI Funder applications use a soft pull as well, and there is no obligation to accept an offer.

A sensible process: apply, collect written terms, convert every payment to a monthly equivalent, check the total repaid, then pick the offer whose payback period your sales can carry comfortably. If revenue dropped 20 percent, would the payment still work? That is the question that matters most. Start your ROI Funder application when you are ready.