Funding for your situation
What decides whether a painting contractor with an open advance can add more funding, what a review compares, and a worked example.
✓ Checking what you qualify for does not affect your credit score.
An open advance changes which products fit a painting contractor, not whether the conversation can happen. Deposits and progress payments, with larger invoices on commercial jobs. The daily or weekly debit is already part of that picture.
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.
What it looks like on the ground: the sprayer failed on a deadline job.
Compliance touchpoints for a painting contractor often include contractor license and lead-safe certification where applicable, which can come up when the request involves a new site, a purchase or a significant change.
A painting contractor file is read through residential versus commercial mix, deposit-to-final timing and seasonal gaps.
Deposits and progress payments, with larger invoices on commercial jobs. A reviewer sees that pattern in the statements before reading a word of the application.
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 | Illustrative amount |
|---|---|
| Position 1: taken for van and trailer (remaining balance, illustrative) | $12,500 |
| Position 1 weekly debit | $500 |
| Average weekly deposits at a painting contractor (illustrative) | $5,000 |
| Debit as a share of weekly deposits | about 10% |
| New need under discussion: a airless sprayer or a new painting crew (illustrative) | $10,000 |
| Whether a second position fits | decided by negative days, NSFs and the average daily balance |
What a review compares. The remaining balance, the share of deposits already committed and how the account has behaved. Read negative days and NSFs and second position funding.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
Balance, debit and payment history, and what it financed: van and trailer.
Deposits and progress payments, with larger invoices on commercial jobs.
Negative days, NSFs and the average daily balance, read against exterior work compresses into the warmer months; interiors fill in the gaps.
Second position, renewal or refinance, depending on how much has been paid down.
A complete file is what makes a same-day decision possible. If something is missing, tell us and we will work around it.
Often, depending on position count and account behavior. Look at second position funding, renewals and MCA refinance. Merchant Fund Express reviews the file the same day it is complete.
A second position sits behind the first on the same revenue. A renewal comes after the first is substantially paid down. See first position vs second position.
Three months of business bank statements, the existing agreement or a payoff letter, and the signed contract or estimate.
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.
