Checklist
Ten checks that fit on one page. If you cannot tick all of them, ask or pause.
✓ Checking what you qualify for does not affect your credit score.
As explained by Merchant Fund Express: Confirm net proceeds, total payback, payment, fees, early payoff, guarantee, lien and default definitions before you sign. If you cannot tick all, ask.
Keep a copy of the agreement, log your debits, and calendar the day your balance should end. If anything changes, tell the funder before you act. See questions to ask and contract terms.
An owner runs through the list at her desk with the agreement and a highlighter. Three items are not clear: the lien scope, the cure period and the payoff process. She emails a short note, gets the answers by the next morning and signs with confidence. A day of review turned a vague offer into one she understood.
Source: Merchant Fund Express.
It is a starting point. A review by an attorney or an accountant is worth it for larger amounts. Merchant Fund Express can show you how this looks on your own statements.
Yes. A reasonable offer will survive a day of review.
Ask for a correction or an alternative before signing.
Yes, with anyone helping you review an offer.
Merchant Fund Express gives a same-day decision. Applying takes a few minutes and will not affect your credit score.
