Funding for your situation
How sole proprietors can qualify for business funding and what separates a clean file from a messy one.
✓ Checking what you qualify for does not affect your credit score.
Sole proprietors can apply. A business does not need to be incorporated to have deposits, a bank account and a track record. What matters is separating business from personal: a business account, clear deposits and consistent records.
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.
| Item | Value |
|---|---|
| Months of business deposits | 3 |
| Minimum FICO considered | 500 |
| Typical documents | 3 |
| Application time in minutes | 5 |
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.
Even if the entity is a sole proprietorship.
Income flowing through the business account.
Documents that match.
Use of funds helps the file.
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.
Yes. Sole proprietors can apply, and the same products are available.
Not to apply. Whether to form one is a legal and tax decision with its own considerations.
Move business income through a business account and keep three months of clean statements.
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.
