Guide
Three products sit behind one application here, and which one you are read against is set by the score, not by preference.
✓ Checking what you qualify for does not affect your credit score.
Line of credit — revolving, $10,000 to $350,000, from 1% per month on the drawn balance, pay only on what is drawn. For recurring or unpredictable gaps.
Term loan — $10,000 to $250,000, weekly payments, 0% origination, capped at 15% of annual revenue. For one purchase with a known price.
MCA refinance — $10,000 to $100,000 on a position with a balance under $100,000. For a payment that no longer fits.
Equipment financing secured on the asset, invoice factoring, SBA loans and commercial real estate. We do not offer those, and for the right use they are cheaper.
Tier 1 (650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits) opens the line and term loan. Tier 2 (600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance) opens revenue-based funding.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
The line of credit, from 1% per month on the drawn balance, for files clearing Tier 1.
The score sets which you are read against; the statements set the terms.
No.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
