Product Guidelines

Merchant Cash Advance* Requirements:

This type of funding can be beneficial for businesses that rely on credit card transactions. 

• Funding Amount Up to $500,000
• Terms 24 to 60 months
  Rates Starting as low as 6%
  Funding Speed Within 14 days
• Qualifications
     - FICO score of 480 or higher
     - Minimum of 2 months in business
     - Minimum monthly revenue of $3,000
     - Must have a business bank account
• Complete business bank statements for the last four months
• Complete Merchant Statements for the last four months (if you do not process credit cards disregard)
• Funding in 2 – 5 business days
• One page application

Merchant Cash Advance and Monthly Payment Business Line of Credit

• FICO Score 580 or higher
• Minimum Time in Business 12 months
• Minimum Monthly Revenue $15,000
• Business Bank Account Required
• Application One-page
• 6 Months of Complete Business Bank Statements

Documentation Needed:

• 2 Years of Business Tax Returns
  
• 1 Year of Personal Tax Returns
  
• 2023 Interim Financials
  
• Profit & Loss Statement
  
• Approval Process:
  
• Approvals in a few days

LOW FICO SCORE FOR MANY PROGRAMS

• No Collateral Required Approvals In a few days
• Bankruptcies and Tax Liens Accepted with a repayment plan
• Funds Available In as little as 1 day
• Time in Business - Minimum 3 months
• One Page Application
• Low FICO Score**: Available for many programs
  

Application Requirements:

• 4 Months of Business Bank Statements** (must process cards)
  
• 4 Months of Merchant Statements** (only if your business processes cards)

Funding Uses:

• Purchase Inventory
  
• Hire Additional Staff
  
• Marketing Efforts
  
• Payroll
  
• Business Expansion
  

Capital Availability:

• $3,000 to $5,000,000 in funding