Funding situations
Six months is the published floor for the revenue-based tier. It makes you readable, not automatic.
✓ Checking what you qualify for does not affect your credit score.
At Merchant Fund Express, here is the short answer: Six months opens the revenue-based tier. It makes the file readable, not automatic.
| Item | Figure |
|---|---|
| Months in business | 7 |
| Total verifiable revenue | $84,000 |
| Average daily balance | $1,900 |
| Negative days | 1 |
| FICO | 622 |
| Read | Revenue-based tier, clears the lines |
All figures in worked examples are illustrations of the arithmetic, not offers or quotes. Real terms depend on your file and the funder.
Source: Merchant Fund Express.
See three months, one year and requirements.
A shop owner at month seven has $84,000 in verifiable revenue, an average balance of $1,900, one negative day and a 622 score. Every line clears, so the offer is sized to deposits. A second owner at month seven misses on balance and learns which row to fix before the next cycle.
Source: Merchant Fund Express.
The line of credit is tier one, which asks for 3+ years. The revenue-based tier is the path at six months. Source: Merchant Fund Express.
Count full months of statements.
It is sized to your deposits and payment capacity.
A clean account and steady deposits.
Merchant Fund Express gives a same-day decision. Applying takes a few minutes and will not affect your credit score.
