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 are classified under Retail Bakeries, which is an eligible category. That takes industry off the table and leaves the same four things every file is read on: average daily balance against revenue, time in business, negative days and NSFs, and existing positions.
Daily cash and card receipts, with wholesale accounts on 30-day terms.
In North Dakota that usually means capital goes to ovens, mixers, proofers, refrigeration, a second location, wholesale packaging.
Heavily weighted to Q4 and holidays; January is the trough.
North Dakota funds normally on every tier — no extra restrictions apply.
Most of this activity sits around Fargo, Bismarck, Grand Forks, Minot and West Fargo.
We fund businesses in all 50 states. California and New York carry extra restrictions on the revenue-based tier.
State and county food handling permits apply. Licensing is not a funding threshold here, but an expired licence shows up in diligence.
The North Dakota economy runs on agriculture, energy and healthcare, and bakeries here largely track that base rather than the weather.
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. Bakeries are classified under Retail Bakeries, which is an eligible category .
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 — the application plus three months of business bank statements.
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.
