Use of funds
Total the refunds due and the date they must be paid.
✓ Checking what you qualify for does not affect your credit score.
At Merchant Fund Express, we start from what the money is for, because the use decides the amount, the structure and the timing.
A cancelled event, a recalled product or a returned order sends money back out at the same moment sales have fallen. The refund is an obligation, not a choice.
A funder reading a request like this looks at the business, not just the purpose: deposits and their consistency, average daily balance, negative days and any open advances. A clear, specific use with a defined amount reads better than a general request.
Total the refunds due and the date they must be paid. Add chargeback exposure if card refunds are involved.
An illustration. These are illustrative figures to show the arithmetic, not an offer.
| Item | Illustration |
|---|---|
| Refunds due | $26,000 |
| Chargebacks pending | $3,200 |
| Total to cover | $29,200 |
The cheapest structure is usually the one that is outstanding for the fewest days. Fund the gap, not the whole year, and prefer a schedule you can see before you sign.
A lump sum timed to the refund date. See the page →
Draw as refunds are processed. See the page →
Using customer deposits for operating costs and leaving the refund reserve empty.
Sole proprietors can apply. The minimum FICO is 500, and the better your credit, the better your offer. See the published requirements.
It is a real obligation, and funding it protects the customer relationship and the processor account. Merchant Fund Express shows the exact amount, schedule and total cost in your offer before you sign.
A person reviews your revenue, time in business and bank activity, and a decision is typically same day. Approved files are usually funded the next business day.
No. Checking what you qualify for does not affect your credit score.
Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.
