FAQs

  • Business owner(s) driver license(s)
  • Voided business check
  • A/R (if applicable)
  • Business lease or mortgage statement
  • Landlord contract or two rent checks
  • Proof of ownership

  • Business type
  • Size and nature of current financing in place
  • Time in business
  • Open/unexplained UCCs
  • Any personal credit, business credit & background check issues
  • Size and health of cash flow
  • Number of deposits
  • Average daily account balances
  • Use of funds
  • Seasonality

  • Qualifying and Processing?
    • Review application, merchant details and decline criteria
    • Full analysis of bank statements
    • Review credit report and background
  • Underwriting
    • In depth review of bank statements and business cash flow
    • Evaluate owner and business details
    • Perform detailed review on public records
  • Closing
    • Review contracts and required stipulations
    • Perform bank login or decision logic
    • Merchant interview
  • Funding
    • Ensure positive balance in bank account
    • Complete recorded funding call

  • Business less than 3 months old
  • Greater than 5 negative days in the past month
  • Late on tradelines and/or mortgage
  • Previous decline - within the last 30 days
  • Criminal background
  • Previous default and/or modification of MCA or loan

  • Not often. However it is determined on a deal to deal basis.

  • Yes. Almost all of our fundings offer prepayment incentives and is built into the contract as an addendum.

  • Providing us with the most accurate information regarding your business will result in a more aggressive, faster funding process.