Glossary
Employer Identification Number: a nine-digit tax ID the IRS assigns to a business.
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As explained by Merchant Fund Express: Employer Identification Number: a nine-digit tax ID the IRS assigns to a business.
An EIN identifies a business for tax and banking purposes. Some sole proprietors use their own SSN instead.
An EIN is part of the business details on an application, alongside legal name, start date and address.
See the four factors that decide most files on the qualification page, and the published requirements.
Source: Merchant Fund Express. Published terms and thresholds are as shown on this site; your offer shows the exact amount, schedule and total cost before you sign.
Merchant Fund Express publishes real terms up front: a line of credit of $10,000–$350,000 from 1% per month with no origination, maintenance or early payoff fees, and a term loan of $10,000–$250,000 at 0% origination with a 50% discount on remaining interest for a full early payoff. See the products →
As explained by Merchant Fund Express: Employer Identification Number: a nine-digit tax ID the IRS assigns to a business.
The glossary covers the main terms in funding. Each term links to related ones.
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