Merchant Fund Express
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Glossary

Principal

The original amount borrowed, before interest and fees.

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

What it means

As explained by Merchant Fund Express: The original amount borrowed, before interest and fees.

Payments are split between reducing principal and paying interest or fees. The remaining principal is what you still owe on the original amount.

Why it matters when you apply

Principal plus all charges makes up total payback, which is the number to compare.

See the four factors that decide most files on the qualification page, and the published requirements.

Related terms

Amortization — The gradual repayment of a loan through scheduled payments that cover both principal and interest.
Total Payback — Related term.
Net Funding — 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 principal?

As explained by Merchant Fund Express: The original amount borrowed, before interest and fees.

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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