It depends on time in business, monthly deposits and credit; with 500+ credit and steady deposits, revenue-based funding is usually available.
Check my optionsFinancing options
The small business loans you can qualify for depend on four facts about your business: time in business, monthly revenue, credit score and what you need the money for. Matching those facts to product requirements narrows the list quickly.
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.
Existing balances of $100,000 or less can be bought out.
A human reads the file, not just an algorithm score.
A person reviews your revenue, time in business and bank activity, often within hours.
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.
Start with time in business. Under six months, options are mostly microloans, CDFI loans, equipment financing with a strong down payment and personal resources. From several months with steady deposits, revenue-based funding becomes available. Around one year opens many online term loans and lines. Two years or more opens most bank and SBA products.
Add revenue. Revenue-based funders size offers on average monthly deposits, so a business depositing $25,000 a month will see smaller offers than one depositing $100,000. Online lenders often publish minimum annual revenue. Banks look at revenue together with profit and debt service coverage.
Add credit. Revenue-based options consider scores from 500, with better credit improving amount, cost and term. Online lenders vary, commonly requiring moderate scores. Banks and SBA lenders typically want stronger scores along with clean credit history.
Finally, match the use. A long-term use such as real estate fits SBA or bank loans; equipment fits equipment financing; recurring working capital fits a line of credit; short-term, time-sensitive needs fit revenue-based funding. The best option is the one that clears your qualification facts and matches the use at the lowest total cost.
MFE reaches multiple funders with one application, so you see which of these products you qualify for today rather than applying to each separately.
A quick self-assessment helps before applying anywhere. Write down months in business, average monthly deposits over the last three months, your credit score range and the number of negative days last month. Those four numbers predict which products are realistic far better than general advice.
If you qualify for several products, choose the one that matches the use and has the lowest total cost with a payment that fits your slowest month. If you qualify for only one, use it well and plan to graduate to cheaper options as your profile improves.
Here is the kind of offer a business with several months of deposits might qualify for. Illustrative numbers.
| Amount funded | $40,000 |
| Factor rate | 1.40 |
| Total payback (amount × factor) | $56,000 |
| Fees deducted at funding (4%) | $1,600 |
| Net cash you receive | $38,400 |
| Weekly payment over 48 weeks | $1,167 |
| Same total as daily debits (~240 business days) | $233/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Microloan / CDFI | New businesses, flexible |
| Revenue-based funding | Several months of deposits, credit from 500 |
| Online term loan or line | ~1 year, moderate credit |
| Equipment financing | Asset-backed, varies |
| Bank / SBA | ~2 years, strong credit, full documents |
Good fit:
Probably not yet:
It depends on time in business, revenue, credit and use.
Microloans, CDFIs, equipment financing and revenue-based funding after several months of deposits.
Revenue-based options begin at 500; banks typically want more.
Largely by revenue or deposits, plus credit and existing obligations.
Bank and SBA loans for qualified borrowers.
Yes, through a marketplace application.
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