No. A soft pull is a credit check that does not affect your score; "no credit check" means no review at all, which reputable funders rarely offer.
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A soft credit pull is a real credit check that does not affect your score and is not visible to other lenders. A no-credit-check offer claims no review at all, which reputable funders rarely provide. The difference matters for both your score and your safety.
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.
Your file goes to funders that fit it, so offers can be compared.
A human reads the file, not just an algorithm score.
Existing balances of $100,000 or less can be bought out.
Net cash, total payback and payment shown before you sign.
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.
A soft inquiry lets a funder view your credit report or a summary of it for prequalification or account review. It does not lower your score and does not appear to other lenders reviewing your report; you may see it on your own report. Many revenue-based funders use a soft pull early in the process to decide whether to make an offer.
A hard inquiry happens when you formally apply for certain credit and the lender pulls your report to make a lending decision. Hard inquiries can lower your score by a few points for a period and are visible to other lenders. Multiple hard inquiries in a short time can signal credit-seeking. Ask any funder whether and when a hard pull will occur.
No credit check means no review of your credit history at all. Some lenders advertise this, but legitimate commercial funders typically need at least to verify identity and screen for fraud and existing obligations. Offers that promise funding with no review of any kind, especially if paired with upfront fees or guaranteed approval, are common warning signs.
For revenue-based products, the score is one input among several. MFE considers credit from 500, and decisions lean heavily on deposits, balances and existing payments. Using one application through a marketplace limits how many separate inquiries you accumulate compared with applying to many funders individually.
You can check your own reports for free at AnnualCreditReport.com, which the federal government directs consumers to for reports from the three nationwide bureaus. Knowing your score and correcting errors before applying avoids surprises.
If a funder cannot explain what kind of check it runs, treat that as a reason to ask more questions before sharing documents.
Here is an offer prequalified with a soft review and finalized after underwriting. Illustrative numbers.
| 500–549 | Revenue-based funding; strongest deposits needed |
| 550–599 | Revenue-based funding and renewals |
| 600–649 | More funders compete; better terms |
| 650+ | Lines of credit and term loans open up |
Minimum to apply is 500. Deposits, balances and time in business still carry the most weight.
| Soft pull | Real check, no score impact, not visible to lenders |
| Hard pull | Formal application, may lower score slightly |
| No credit check | No review; rare among reputable funders |
| Red flag | No check plus upfront fee or guarantee |
| Own reports | Free at AnnualCreditReport.com |
Good fit:
Probably not yet:
No, a soft pull is a credit check that does not affect your score.
No.
When you formally apply and the lender pulls your report for a decision; ask the funder when.
Rarely among reputable funders; be cautious, especially with upfront fees.
AnnualCreditReport.com.
Use one marketplace application instead of many separate ones.
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