Missing statements, unexplained large deposits, undisclosed existing advances, mismatched business names, and applying everywhere at once. Disclose positions up front.
Check my optionsRequirements
Most delays are self-inflicted: missing pages, mismatched names, undisclosed debts or applying at the wrong moment. Fixing them before you submit can be the difference between a same-day decision and a decline.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
You can apply at 500; stronger credit opens more products.
Your file goes to funders that fit it, so offers can be compared.
Net cash, total payback and payment shown before you sign.
Advances, lines of credit and second-position options in one place.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
The most common mistake is an incomplete file. Statements with missing pages, screenshots instead of full PDFs, or only two months when the funder asked for four all send the application back to the queue. Submit complete statements straight from the bank, every page, for the full period requested.
The second is inconsistency. If the legal business name, EIN, address or ownership percentages differ between the application, the bank statements and state records, underwriters stop to verify. The third is leaving out existing advances or loans. Funders see the debits on your statements anyway, and an undisclosed obligation reads as a credibility problem rather than a simple oversight.
Timing matters too. Applying right after a month with several negative days, or the week a large check bounced, puts your weakest picture in front of the underwriter. If you can, apply after a few clean weeks. Applying to many funders separately can also create a string of credit inquiries; one marketplace application through MFE reaches multiple funders at once.
Finally, asking for an amount with no stated purpose, or far beyond what deposits support, invites a counteroffer or a decline. Tie the request to a specific use and a realistic share of monthly revenue.
One overlooked mistake is changing bank accounts right before applying. Opening a new account resets the visible history and leaves the underwriter with only a few weeks of activity. If you must switch banks, provide statements from both accounts and a note explaining the move.
When the file is clean, an offer can be sized quickly, like this example. Illustrative numbers.
| Business bank statements | 3–6 months, PDF from the bank |
| Month-to-date activity | Recent transactions |
| Government ID | Owner(s) with 50%+ |
| Voided business check | For funding and payments |
| Existing advance details | Balance and payment of each |
| Business details | EIN, address, start date |
Complete files get faster decisions and larger offers.
| Missing statement pages | Send full bank PDFs, all pages |
| Name or EIN mismatch | Match state records everywhere |
| Undisclosed advances | List every existing payment |
| Applying after a bad month | Wait for clean weeks if possible |
| Vague or oversized request | Tie amount to a specific use |
Good fit:
Probably not yet:
Incomplete or inconsistent documents, especially bank statements with missing pages.
Yes. It appears on your statements, and disclosing it builds trust.
Multiple hard inquiries can. A single marketplace application avoids repeated submissions.
After fixing the reason; often a month or two of cleaner statements helps.
Yes. Mismatched details trigger extra verification.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding