Most frequently asked questions
No. Cubeler is not a lender or a broker. Think of Cubeler as a matchmaking service, similar to an online dating service, but without the drama and disappointment. Cubeler simply brings together business owners and the many lenders who are looking to lend to them.
No. Unlike every time you submit a credit application at a financial institution, your credit bureau report is not consulted when you register your business on Cubeler. Cubeler makes it possible for your business to pre-qualify for financing offers without negatively impacting your credit score. No credit pulls.
There is no maximum amount to the financing offers that you can receive from Cubeler’s platform lenders. It all depends on your business’s financial realities and what the lenders’ lending criteria are. When there is a match, an offer is made. Some lenders may set a maximum amount that they are prepared to offer per transaction, while others don’t.
Cubeler calculates several financial ratios from the financial data the Cubeler-Link™ reads from your business' accounting software. A score is attributed to each of the calculated ratios, and the ratio scores are combined into a single score called the Cubeler-Score™. The Cubeler-Score™ is a proprietary financial metric created by Cubeler to gauge the overall financial health of your business.
The Cubeler-Score™ is based on a combination of historical and current financial data about your business. If the data in your business’s accounting software is not up to date, it may prevent Cubeler from calculating your Cubeler-Score™. Please ensure that the data in your business’s accounting software is up to date and you should see your Cubeler-Score™ the next time you log into your Cubeler account. However, if you think your business’s accounting data is up to date, and you still don’t see your Cubeler-Score™, then we ask that you please contact the Cubeler support team.
Yes. Cubeler has implemented extensive security measures, which include industry best practices for the safeguard of financial information, to ensure that data related to your business is protected on Cubeler’s servers. These measures also include the use of Secure Sockets Layer (SSL) technology, administrative and physical safeguards, regular security assessments, robust intrusion prevention and intrusion detection systems, as well as regular network vulnerability scans to ensure strong security controls of Cubeler’s databases, systems and networks. Cubeler uses the same technology to protect the privacy of your data as your bank uses to protect your banking information.
The fact that Cubeler displays your prequalified offers and you can apply for any one of them whenever you’re ready, is one of Cubeler’s best features. Your prequalified offers will remain on your dashboard for as long as your business continues to meet the lending criteria of the platform lenders that have extended the prequalified offers. Therefore, the offers could be available for several weeks or several months until you are ready to act on them.
The Cubeler-Link™ is a proprietary analytics software that periodically reads data from your business’ accounting software. An activated Cubeler-Link™ is essential to allow Cubeler to provide you and other members with the continuous benefits of the ecosystem.
The Cubeler-Link™ only looks at topline General Ledger accounts (total account balances, such as sales, receivables and expenses). The Cubeler-Link™ does not read any information about suppliers, employees, payroll or customers. Topline financial data is accessed to match your business with potential lenders to present you with the best and the largest number of prequalified credit offers.
Cubeler currently supports the following accounting software:
QuickBooks Enterprise 2015–2017 (CDN)
QuickBooks Online (CDN)
QuickBooks Pro 2015–2017 (CDN)
Sage 50 Accountant 2015–2017 (CDN)
Sage 50 First Step 2015–2017 (CDN)
Sage 50 Premium 2015-2017 (CDN)
Sage 50 Pro 2015-2017 (CDN)
Sage 50 Quantum 2015-2017 (CDN)
If you’d like to register your business on Cubeler but you do not see your accounting software on the list above, please click here to let us know (firstname.lastname@example.org). We will do our best to add it to the list as soon as possible and we will notify you as soon as we do.