Funding for your situation
What a cohort hire really takes in cash and how to size the request around payroll cycles.
✓ Checking what you qualify for does not affect your credit score.
Ten hires at once is a payroll event. Recruiting, onboarding, equipment and the first four to eight weeks of wages arrive together, and the revenue they will generate arrives slowly. This is where payroll as a share of deposits becomes the number a funder cares about.
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.
Job ads, screening and orientation.
Everything needed on day one.
Eight weeks at a reduced productivity level.
The team lead or manager who will run them.
| Cost item | Illustrative amount |
|---|---|
| Recruiting and onboarding for 10 hires | $18,000 |
| Equipment, uniforms and tools | $22,000 |
| Wages for the first 6 weeks | $78,000 |
| Supervisor and training | $12,000 |
| Reserve for turnover and mistakes | $9,000 |
| Cushion for overruns and slow early weeks (about 10%) | $14,000 |
| Cost of the hiring wave | $153,000 |
Sizing check. If the full repayment shown in an offer were $199,000 over about 26 weeks, the weekly debit would be about $7,654. Against illustrative monthly deposits of $305,000 (about $70,385 a week), that is roughly 11% of weekly deposits. Your own offer states the real repayment amount in dollars; run your numbers on the factor rate calculator before you accept anything.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
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.
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.
Working capital sized to the ramp, with a line of credit as a reserve, is a common pairing.
It helps, and your deposits are still the center of the review.
Weekly or biweekly debits can align better with weekly payroll than a daily draw.
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.
