Typical minimums: about six months in business, steady monthly deposits, a business bank account, and a credit score of 500 or more for revenue-based funding. Better numbers open better offers.
Check my optionsRequirements
Requirements depend on the product. A bank asks for years of history and full financials; a revenue-based funder focuses on your recent bank statements and a basic credit check.
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.
A human reads the file, not just an algorithm score.
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.
Almost every funder asks for the same core items: a government ID for each owner, basic business information such as legal name, EIN and address, and recent business bank statements. Beyond that, requirements split. Banks and SBA lenders add tax returns, profit-and-loss statements, balance sheets, a debt schedule and often collateral and a business plan.
Revenue-based funders and merchant cash advance providers usually need three to six months of statements, a completed application and sometimes a voided check or proof of ownership. They look for consistent deposits, few negative days and manageable existing payments. MFE considers credit from 500, with better credit earning better offers, and decisions can come the same day.
The fastest applications are complete on the first submission. Use the same legal name across every document, include all pages of every statement, list existing loans and advances honestly and make sure the contact information is current. Missing pages and unexplained transfers are the most common reasons a file stalls.
Requirements also differ by amount. A request equal to a modest share of monthly deposits may need only statements and ID, while a request several times larger can trigger additional documents such as tax returns, a profit-and-loss statement or a debt schedule, even with the same funder. Asking for a realistic amount keeps the paperwork light.
Ownership details are a frequent stumbling block. Funders typically need every owner above a set percentage, often 20% or 25%, to provide ID and sometimes sign. If ownership changed recently, bring the updated operating agreement or state filing so the records match.
Once requirements are met, an offer might break down like this. 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.
| Government ID | All products |
| 3-6 months of bank statements | Revenue-based, most online |
| Tax returns (2 years) | Banks, SBA |
| P&L and balance sheet | Banks, SBA, larger requests |
| Debt schedule | Most products, especially banks |
Good fit:
Probably not yet:
It varies: revenue-based options from 500, banks often 680 or higher.
Usually three to six months for revenue-based funding.
For bank and SBA loans, yes. Revenue-based funders often do not require them for smaller amounts.
Banks may require it. Revenue-based funding is typically not secured by a specific asset.
Yes. Sole proprietors with business deposits can apply.
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