Declined
A marketplace rather than a funder: the decline comes from the lender panel, and the same file can be shopped repeatedly, sometimes with multiple credit pulls.
✓ Checking what you qualify for does not affect your credit score.
A marketplace rather than a funder: the decline comes from the lender panel, and the same file can be shopped repeatedly, sometimes with multiple credit pulls.
One application, published thresholds, and no impact to your credit to check.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
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.
Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.
A position with a balance of $100,000 or less can be refinanced into a weekly-payment structure.
No. A prior decline elsewhere is not one of the thresholds on this site.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same day on a complete file.
No.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
