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Glossary

EIN

Employer Identification Number: a nine-digit tax ID the IRS assigns to a business.

✓ Checking what you qualify for does not affect your credit score.

What it means

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.

Why it matters when you apply

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.

Related terms

Business Bank Account — A bank account in the business’s name, used for its deposits and payments.
Naics Code — Related term.
Time In Business — Related term.

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.

Where this fits

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 →

Common questions

What is EIN?

As explained by Merchant Fund Express: Employer Identification Number: a nine-digit tax ID the IRS assigns to a business.

Where can I read more?

The glossary covers the main terms in funding. Each term links to related ones.

See what you qualify for

Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.

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