The four things that disqualify a file outright
Start here rather than with the thresholds, because these are the ones nothing else compensates for. A file can clear every number below and still be declined on any one of these.
None of those four is a judgement call, which is why they are worth checking before anything else.
The exact requirements
If none of the four above apply, here is what you are measured against. The first tier carries the lowest cost. If a file misses it, the second tier is built for exactly that situation — so missing one line below does not end the conversation.
Tier 1 — line of credit and term loan
Tier 2 — revenue-based funding
For newer businesses, lower credit scores, and files that already carry a position.
Two industries carry their own rules on the second tier. Trucking needs 3 years in business, $200,000 in revenue and contracts with Amazon, FedEx or UPS. Construction needs $500,000+ in monthly revenue, 5 years in business, 10+ monthly deposits and a commercial business location.
What eligibility does not mean
Clearing every threshold is not an approval, and missing one is not a decline. Underwriting reads three to six months of bank statements alongside the numbers, and two things carry real weight there: average daily balance against monthly revenue, and the count of negative days and NSFs.
A file at 3 years and a 655 score with a balance that hits zero every week is a harder file than one at 3 years and 650 with a steady cushion. It works the other way too — strong, clean bank activity carries a borderline threshold.
Check your file against every line: run the qualification checker →
How it works
1. Apply in minutes
A short application. No impact to your credit score to see what you qualify for.
2. Same-day decision
We review revenue, time in business and bank activity — not just a credit score.
3. Review your terms
You see the amount, the term and the total cost before you sign anything.
4. Funded next business day
Money in your account, typically the next business day after signing.
Common questions
Am I eligible for a business loan?
For a line of credit or term loan: 3+ years in business, a 650 FICO, $300,000 a year or $25,000 a month, and no more than 2 open positions. For revenue-based funding: 6 months, a 600 FICO and $60,000 in revenue.
What disqualifies you from a business loan?
Four things outright: being a sole proprietorship or non-profit, operating in Vermont, North Dakota or South Dakota, carrying more than 2 open positions, or a bankruptcy or foreclosure inside the last 3 years.
Can I be eligible and still get declined?
Yes. Thresholds get the file read; bank statements decide it. Average daily balance and negative days carry the most weight.
Does checking eligibility affect my credit?
No.
What if I miss one threshold?
One miss usually means a different product rather than a decline. The revenue-based tier exists for files the first tier turns away.