Frequently Asked Questions

Most applications take 5-10 minutes to complete. We ask for basic business information including time in business, monthly revenue, and bank statement details. No lengthy tax returns required for most products.

We work with businesses across all credit profiles. While traditional banks typically require 650+ credit scores, our funders consider multiple factors including monthly revenue, time in business, and bank statements. Many funded businesses have credit scores below 600.

Once approved and documents are signed, funds are typically deposited within 1-3 business days. Some funders offer same-day funding for qualified applicants.

Checking your rates and options does not impact your credit score. We perform a soft credit pull initially. A hard pull is only conducted when you accept an offer and move forward with funding.

A merchant cash advance (MCA) provides a lump sum of capital in exchange for a portion of your future credit card and ACH receivables. Unlike traditional loans, MCAs are based on your business revenue, not personal credit or collateral.

MCA amounts typically range from $5,000 to $500,000, depending on your monthly revenue and remittance percentage. The more revenue your business generates, the higher the advance amount you may qualify for.

Repayment is made through daily or weekly automatic withdrawals from your business bank account (ACH). The percentage is fixed at agreement signing - you pay a set portion of your daily receivables until the advance is repaid.

MCAs use factor rates (typically 1.1 to 1.5) instead of interest rates. A factor rate of 1.3 means you repay $1.30 for every $1.00 borrowed. This is not the same as APR, which annualizes the cost. MCAs are short-term products, so APR calculations can be misleading.

Yes, most MCAs can be paid off early. Some funders offer early payoff discounts, while others charge a small early termination fee. Check your agreement for specific terms.

Minimum requirements typically include: 6+ months in business, $10,000+ in monthly revenue, and no open bankruptcies. Requirements vary by funder and product type.

Most MCA products do not require collateral. The advance is secured by your future receivables. Equipment financing does use the equipment as collateral.

We work with a wide range of industries including restaurants, retail, construction, trucking, medical and dental practices, salons, e-commerce, professional services, and more. Each funder has specific industry preferences.

Most funders require at least 6 months in business. However, some specialized programs work with newer businesses. Equipment financing may also be available for newer businesses since the equipment serves as collateral.

We act as an ISO (Independent Sales Organization) connecting businesses with a network of funders. We match your business profile with funders who specialize in your industry and credit situation to find the best terms available.

There is no fee to check your options or submit an application. Our service is paid by the funders when your deal funds. You only repay the advance amount plus any fees outlined in your agreement.

We handle everything through our online platform and email. Once your application is submitted, our lending partners will be in touch with next steps. You can reach us via email or through the chat feature on our website. We respond during business hours Monday through Friday.

While we operate digitally to keep costs low and pass savings to customers, we can arrange a phone consultation if needed after your application is submitted. Email is the fastest way to get started.

After submitting your application, our team reviews your information and matches you with relevant funders. You'll receive offers via email with detailed terms. Review at your own pace, ask questions via email, and decide when you're ready.

Factor rates typically range from 1.10 to 1.50 depending on your credit profile, revenue, time in business, and industry. A factor rate of 1.25 means you repay $12,500 on a $10,000 advance.

We believe in transparent pricing. All fees are disclosed in your funding agreement before you sign. Common fees may include an origination fee, underwriting fee, or early payoff penalty. No surprises.

The amount is based on your monthly credit card and ACH processing volume, average bank balance, time in business, and overall business health. Our funders use automated underwriting to determine amounts.