Funding for your situation
What a bank decline usually says about your file, and which alternatives read a business differently.
✓ Checking what you qualify for does not affect your credit score.
A bank decline is not a verdict on the business. Banks weigh tax returns, collateral and long histories. Many healthy small businesses fall outside that box. Alternatives read the business on deposits and bank activity, which suits businesses with strong cash flow and thin paperwork.
Merchant Fund Express is a funding marketplace: you apply once, and the file is matched to the structure that fits it. The sections below show what this situation usually costs, how a funder reads it, and what to prepare.
These are the same factors described on revenue and deposit requirements and time in business. Merchant Fund Express walks you through how your own file reads before you apply.
| Item | Value |
|---|---|
| Typical bank loan timeline, in days | 45 |
| Alternative review timeline in days | 1 |
| Documents banks often require (count) | 12 |
| Documents typically needed here (count) | 3 |
These are the basics a funder looks at first. Everything else on the file builds from them.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
Time in business, collateral, tax returns, debt ratios.
Deposits, average daily balance, existing obligations.
Faster approval usually costs more than a bank loan.
Three months of statements.
A complete file is what makes a same-day decision possible. If something is missing, tell us and we will work around it.
Here is what happens after you apply with Merchant Fund Express: the application is reviewed against the factors on this page, you get a same-day decision on a complete file, and funding is typically the next business day after signing. If something is missing, we say exactly what.
Common reasons are time in business, collateral, tax returns and debt ratios. The decline letter, if you received one, lists the reasons.
Usually, because it is faster and less documented. Compare total repayment in dollars.
Possibly, and building clean deposits helps. Many owners use alternatives as a bridge.
The minimum FICO is 500, and better credit means better products and terms. See credit score requirements for how the tiers work.
Merchant Fund Express gives a same-day decision on a complete file. Applying takes a few minutes and will not affect your credit score.
