Low or uneven deposits, many negative days, too many existing advances, very short time in business, or restricted industries.
Check my optionsRequirements
When a business is declined, the reason matters more than the decision. Lenders covered by the Equal Credit Opportunity Act generally must provide notice of adverse action on business credit applications, and knowing how to read that notice, or ask for the reason, turns a rejection into a plan.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
Net cash, total payback and payment shown before you sign.
Existing balances of $100,000 or less can be bought out.
Approved files are usually funded the next business day.
Your file goes to funders that fit it, so offers can be compared.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Under the Equal Credit Opportunity Act and its implementing Regulation B, creditors generally must notify business credit applicants of adverse action, with requirements that differ depending on whether the business had gross revenues above or below $1 million in its last fiscal year. For smaller businesses, applicants generally can obtain a statement of the specific reasons. Not every funder or product is treated the same way, so ask directly if no reason is offered.
Reasons usually fall into a few buckets. Insufficient revenue or deposit history means the business has not shown enough consistent income for the requested amount. Excessive obligations means existing payments already consume too much revenue. Credit-related reasons include low scores, recent delinquencies, open tax liens or prior defaults. Documentation reasons include missing statements, mismatched business information or unverifiable ownership. Industry or time-in-business reasons reflect the funder policy.
Each bucket has a different fix. Revenue reasons call for a smaller request or waiting for more months of deposits. Obligation reasons call for paying down or restructuring existing debt, sometimes through a buyout of up to $100K or a structured second position. Credit reasons call for disputing errors, catching up on past-due accounts and setting up tax payment plans. Documentation reasons are usually quick to fix and resubmit.
Different funders weigh the same file differently. A bank decline for limited time in business may not apply to a revenue-based funder that considers several months of deposits and credit from 500. A decline from one revenue-based funder for industry policy may not apply to another.
Keep a record of each decline reason and what you changed. That record makes the next application stronger and shows underwriters that issues were addressed.
MFE reaches multiple funders with different criteria through one application, which helps when one funder policy is the obstacle.
Here is an offer after a business addressed a prior decline reason. Illustrative numbers.
| Business bank statements | 3–6 months, PDF from the bank |
| Month-to-date activity | Recent transactions |
| Government ID | Owner(s) with 50%+ |
| Voided business check | For funding and payments |
| Existing advance details | Balance and payment of each |
| Business details | EIN, address, start date |
Complete files get faster decisions and larger offers.
| Insufficient revenue or history | Smaller request or more months |
| Excessive obligations | Pay down, buyout or structured second position |
| Credit issues | Disputes, catch-up, tax payment plan |
| Documentation | Complete and resubmit |
| Industry or time policy | Try funders with different criteria |
Good fit:
Probably not yet:
Under ECOA and Regulation B, creditors generally must provide adverse action notice, and smaller businesses generally can obtain specific reasons; ask if none is given.
Insufficient revenue, excessive obligations, credit issues, documentation and policy.
Yes, criteria differ between funders and products.
Pay down or restructure existing debt, possibly through a buyout.
Until you have addressed the reason, often a month or two.
Options begin at 500.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding