Bad personal credit doesn’t automatically disqualify a business from funding. Revenue-based products like a Merchant Cash Advance, along with equipment financing, are generally more accessible
Equipment financing typically covers 80% to 100% of the equipment’s purchase price, and sometimes slightly more to include delivery, installation, or setup costs. The equipment
There’s no universal minimum, but many non-bank funding providers — particularly Merchant Cash Advance and other revenue-based products — will work with personal credit scores
In most cases, no. Many alternative business funding products — including Merchant Cash Advances and other revenue-based financing — rely on bank statements and processing
Same-day funding means capital can hit your account the same business day your application is approved and finalized, while next-day funding means it lands the
Most business funding applications require recent business bank statements, a government-issued ID, and basic business information such as your EIN and formation documents. Beyond that,
Revenue-based financing ties repayment to a percentage of ongoing sales and approves primarily on business bank statements, while a traditional bank loan uses a fixed
Most revenue-based lenders size funding as a multiple of average monthly revenue, commonly somewhere in the range of roughly one to two times that amount,
Reverse consolidation restructures multiple existing business cash advances or loans into a single, more manageable payment. A new provider typically makes payments toward the business’s
Approval speed depends heavily on the type of funding: revenue-based products like a Merchant Cash Advance can often be approved and funded within 24 to