Glossary
A written statement from a funder of the amount needed to close out a debt.
✓ Checking what you qualify for does not affect your credit score.
As explained by Merchant Fund Express: A written statement from a funder of the amount needed to close out a debt.
It states the payoff amount and how long it is valid. A refinancing funder usually needs it to buy out an existing position.
Request one from your current funder early; it can take days.
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 written statement from a funder of the amount needed to close out a debt.
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.
