Clean up negative days, gather statements, list existing positions, know your average monthly deposits and the exact use of funds.
Check my optionsRequirements
A short, deliberate preparation period before applying can raise the offer you receive, shorten the time to a decision and prevent avoidable declines. Most of the work is gathering, checking and explaining.
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.
Existing balances of $100,000 or less can be bought out.
A person reviews your revenue, time in business and bank activity, often within hours.
Approved files are usually funded the next business day.
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.
Week one, day one to three: gather. Download complete business bank statements for the last six months directly from the bank as PDFs. Collect a government ID for every owner with 20% or more, your entity documents and EIN confirmation, and, for bank or SBA loans, two years of business and personal tax returns and a year-to-date profit-and-loss statement.
Week one, day four to seven: check. Read your own statements as an underwriter would. Count negative days, look for large unexplained transfers, returned items and personal spending. Pull your personal credit reports and dispute errors. Make sure the legal name, address and EIN are identical on every document and match state records.
Week two, day eight to ten: explain. Write a short note for anything unusual: a one-time equipment purchase, a slow month caused by a closure, a lien with a payment plan, an existing advance and how it is performing. Prepare a one-paragraph use-of-funds statement and the specific amount you are requesting.
Week two, day eleven to fourteen: decide and apply. Confirm the product type that fits your use and profile, list every existing debt with balance and payment, and submit one complete application. Through MFE, that file reaches multiple funders, with credit from 500 considered and same-day decisions possible on revenue-based products.
If your review uncovered problems that cannot be explained, such as several recent negative days, consider waiting a few more weeks for cleaner statements. A short delay often produces a better offer than applying immediately.
Here is an offer a well-prepared file might produce. 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.
| Days 1-3 | Gather statements, IDs, entity docs |
| Days 4-7 | Review statements and credit; fix mismatches |
| Days 8-10 | Write explanations and use-of-funds |
| Days 11-14 | Choose product, list debts, apply |
| If needed | Wait for cleaner statements |
Good fit:
Probably not yet:
Gather documents, review your statements and credit, write explanations and choose the right product.
Six months covers most funders.
Yes, read them as an underwriter would to find issues first.
A short paragraph explaining what the money is for and how it pays back.
A few weeks of cleaner statements can improve your offer.
For bank and SBA loans, usually; for smaller revenue-based amounts, often not.
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