(This period − same period last year) ÷ last year × 100. Example: $60,000 vs. $50,000 = 20% growth. Funders like steady or rising deposits.
Check my optionsFinancial management
Year-over-year (YoY) growth compares a period with the same period a year earlier, which strips out seasonal swings. It is one of the clearest signals of business momentum, and funders read it in your statements whether you calculate it or not.
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.
A human reads the file, not just an algorithm score.
Existing balances of $100,000 or less can be bought out.
A person reviews your revenue, time in business and bank activity, often within hours.
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.
The formula is simple: subtract last year figure from this year figure, divide by last year figure and multiply by 100. If deposits in March were $52,000 this year and $44,000 last March, YoY growth is ($52,000 − $44,000) ÷ $44,000 × 100, about 18%. Comparing March with March avoids the misleading result you would get comparing March with a slow February.
Use it on several measures. Revenue or deposits show overall demand. Gross profit shows whether growth is profitable or bought with discounts. Number of customers or transactions shows whether growth comes from more buyers or larger orders. Average daily balance shows whether growth is turning into cash.
Funders pay attention because YoY trends predict repayment. Revenue-based funders often review three to twelve months of statements; rising deposits versus the same months last year can support a larger offer or better terms, while sharp declines prompt questions. Banks look at YoY changes across tax returns and financial statements.
If your YoY numbers dipped for a known reason, such as a remodel closure or the loss of one client since replaced, explain it in the application. If they are strong, mention them. MFE considers credit from 500, and a clear growth story backed by statements helps underwriters size an offer with confidence.
For businesses with irregular months, a trailing twelve-month comparison smooths the noise. Add the last twelve months of revenue and compare it with the twelve months before that. This rolling view shows the underlying direction even when individual months jump around because of large one-time orders or holidays.
Here is how a growing deposit trend can support an offer. Illustrative numbers.
| Funding for the project | $100,000 |
| Total payback (factor 1.30) | $130,000 |
| Term | ~48 weeks |
| Payment per week | $2,708 |
| Monthly payment the project must cover | $11,727 |
| Your estimate of added monthly profit | $8,000 |
| Verdict | Does not pay back in time — reduce the amount or rethink |
Illustrative. Replace the estimate with your own numbers before applying.
| Revenue or deposits | Overall demand |
| Gross profit | Quality of growth |
| Customer or transaction count | Source of growth |
| Average daily balance | Growth turning into cash |
| Operating expenses | Cost discipline |
Good fit:
Probably not yet:
(This year minus last year) divided by last year, times 100.
It removes seasonal effects that distort month-to-month comparisons.
Yes, trends in deposits help them predict repayment.
Explain the cause and show what changed since.
Yes, to confirm growth is profitable, not just bigger.
Use month-over-month trends and compare to your plan.
Example uses for illustration only.
Before you apply:
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