Industry
Daily cash and card receipts, with wholesale accounts on 30-day terms.
✓ Checking what you qualify for does not affect your credit score.
Bakeries in Jacksonville are classified under Retail Bakeries, an eligible category. Industry is therefore not the question; the four things every file is read on are.
Daily cash and card receipts, with wholesale accounts on 30-day terms.
In Jacksonville that usually means capital goes to ovens, mixers, proofers, refrigeration, a second location, wholesale packaging.
Jacksonville runs on logistics, the port and a large insurance employer base.
Florida funds normally on every tier.
State and county food handling permits apply.
Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.
Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.
Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Yes. The category is eligible; the file is read on revenue, deposits, time in business and existing positions.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same-day decision and next business day funding on a complete file.
Heavily weighted to Q4 and holidays; January is the trough. Underwriting reads the average and the deposit count, not the peak month.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
