Best $300,000 Business Loans (2026) | Merchant Fund Express

What $300,000 is usually for

At $300,000 you are typically funding line-of-credit territory only, and a file that needs Tier 1 revenue behind it.

Which product reaches it

$300,000 is above the $250,000 term-loan ceiling, so the line of credit is the route — $10,000 to $350,000, from 1% per month on the drawn balance, charged only on what you draw.

On a line, you are only paying on the drawn balance, so the question is the draw pattern rather than the limit.

What it takes to support it

Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.

Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.

There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.

Average daily balance of $5,000, or 10% of monthly revenue, whichever is greater. Up to 3 negative days a month, 9 per six months and up to 6 NSFs a month, 24 per six months.

How it moves

Same-day decision, next business day funding on a complete file.

Restricted regardless of the numbers: new residential construction, residential remodelling, long-distance (TL or LTL) trucking, used car dealers, and real estate agents, brokers, managers or lessors. Sole proprietorships and non-profits are not eligible; 50% or more ownership is required. Funding in every US state except Vermont, North Dakota and South Dakota.

Questions

How much revenue do I need for $300,000?

Above the term-loan ceiling the line of credit applies, read against Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.

Can I get $300,000 with a low score?