Glossary
A condition in a loan agreement that the borrower must meet or avoid.
✓ Checking what you qualify for does not affect your credit score.
As explained by Merchant Fund Express: A condition in a loan agreement that the borrower must meet or avoid.
Covenants can restrict additional debt, require reporting or set minimum ratios. Breaching one can trigger default.
Read covenants before signing, especially ones that restrict further financing.
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: A condition in a loan agreement that the borrower must meet or avoid.
The glossary covers the main terms in funding. Each term links to related ones.
Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.
