Funding for your situation
What to fund first after a fire, how to keep staff and customers, and how to bridge insurance.
✓ Checking what you qualify for does not affect your credit score.
After a fire, the building may be closed, inventory lost and records damaged. Staff may need to be paid or released, and customers may go elsewhere while you are closed. Funding the first stage quickly shortens the time to reopen and lowers the lost-revenue number.
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.
| Cost item | Illustrative amount |
|---|---|
| Immediate response and cleanup | $18,000 |
| Rebuild first phase and permits | $55,000 |
| Temporary operations setup | $12,000 |
| Key staff retention for 6 weeks | $20,000 |
| Cushion for overruns and slow early weeks (about 10%) | $10,500 |
| First-phase recovery cost | $115,500 |
Sizing check. If the full repayment shown in an offer were $151,000 over about 26 weeks, the weekly debit would be about $5,808. Against illustrative monthly deposits of $115,000 (about $26,538 a week), that is roughly 22% 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.
Board-up, cleanup and temporary measures.
Often the longest phase.
A pop-up, mobile unit or other location.
Keeping the people you will need.
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.
It depends on the file. Strong prior deposits help, and a clear plan and claim support the request.
Often yes, as a bridge. See working capital and lines of credit.
The claim number, adjuster notes, bids and photos.
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.
