Prepare recent statements, apply online and compare offers; approved files are often funded within a day or two.
Check my optionsLocal funding
Quick funding in Puerto Rico is mostly about preparation. With the right documents ready and a business bank account showing steady deposits, a revenue-based application can move from submission to funding in about two business days.
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.
Approved files are usually funded the next business day.
Net cash, total payback and payment shown before you sign.
A person reviews your revenue, time in business and bank activity, often within hours.
A human reads the file, not just an algorithm score.
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.
Hour zero: gather the essentials. You need the last three to six months of complete statements from your business bank account, a government-issued ID for each owner, your business legal name, EIN and address as registered with the Puerto Rico Department of State, and a voided check or bank letter. If you already have an advance or loan, note the balance and payment.
Hours one to eight: apply and get reviewed. Submit one complete application; through MFE it reaches multiple funders, and owners can work in Spanish. Underwriters review deposits, balances and existing payments and check credit, considering scores from 500. Many files receive a decision or offer the same day.
Hours eight to twenty-four: compare and sign. Look at net cash, total payback, payment amount and frequency, estimated term and any early-payoff discount at 30, 60 or 90 days. Ask questions in Spanish if you prefer, then sign electronically. Expect a short verification call; answering promptly keeps the timeline intact.
Hours twenty-four to forty-eight: funds arrive. ACH transfers usually land the next business day; holidays specific to Puerto Rico and federal bank holidays can add a day. Industries commonly funded this way on the island include restaurants, colmados and retail, construction and contractors, tourism services and medical practices, each with its own seasonal rhythm to consider when choosing a payment schedule.
If your business receives government contract payments, include the contract and payment schedule with your application. Government payers in Puerto Rico can take longer to pay than private customers, and showing the expected timing helps an underwriter size funding that bridges those delays.
Here is a quick offer a Puerto Rico business might receive within the checklist window. Illustrative numbers.
| Amount funded | $100,000 |
| Factor rate | 1.20 |
| Total payback (amount × factor) | $120,000 |
| Fees deducted at funding (5%) | $5,000 |
| Net cash you receive | $95,000 |
| Weekly payment over 48 weeks | $2,500 |
| Same total as daily debits (~240 business days) | $500/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Hour 0 | Statements, IDs, EIN, voided check |
| Hours 1-8 | Apply once; underwriting |
| Hours 8-24 | Compare offers, e-sign, verification |
| Hours 24-48 | ACH funding |
| Watch for | Local and federal bank holidays |
Good fit:
Probably not yet:
With complete documents, often within about two business days.
Business statements, owner IDs, EIN and registration details, and a voided check.
Yes, local and federal bank holidays can add a day.
Yes, MFE works with Spanish-speaking owners.
Disclose it; second-position or buyout options may be available.
Restaurants, retail, contractors, tourism services and medical practices, among others.
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