Funding situations
Revenue spread across accounts reads thin on any one of them. The fix is to show the whole picture.
✓ Checking what you qualify for does not affect your credit score.
At Merchant Fund Express, here is the short answer: Send statements for every account that receives sales and say which is debited. Transfers between your own accounts are backed out.
| Account | Monthly deposits |
|---|---|
| Account A (card and ACH) | $26,000 |
| Account B (checks) | $11,000 |
| Account C (online platform) | $7,500 |
| Combined | $44,500 revenue; $26,000 if only A is sent |
All figures in worked examples are illustrations of the arithmetic, not offers or quotes. Real terms depend on your file and the funder.
Money moved from one of your accounts to another is not revenue and is backed out. If you move money often, say so, since a funder who sees transfers without context may read inflated deposits or hidden activity.
See mixed accounts and changing bank accounts.
An owner sends only the card-deposit account at $26,000 a month and is offered a smaller amount. She adds the check account at $11,000 and the platform account at $7,500, and the file reads at $44,500. Same business, same months, a more accurate picture.
Source: Merchant Fund Express.
The one named in the agreement, typically your main operating account. That is how Merchant Fund Express reads it on a real file.
It helps, but a clean transition period is better than a sudden switch.
Every account that receives sales.
Include it if sales route through it.
Merchant Fund Express gives a same-day decision. Applying takes a few minutes and will not affect your credit score.
