Use of funds
Price the equipment, installation and training, then subtract any trade-in.
✓ 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 new machine, oven or truck increases capacity and lowers repair costs. It also arrives with one invoice, and the productivity gain shows up over months.
Underwriting leans on bank activity: how much comes in, how steadily, and what the balance looks like between deposits. A request that is tied to a specific, near-term need is easier to size and to approve.
Price the equipment, installation and training, then subtract any trade-in. Test the purchase by asking how many months of the added output cover the payment.
An illustration. These are illustrative figures to show the arithmetic, not an offer.
| Item | Illustration |
|---|---|
| Equipment, installed | $48,000 |
| Added monthly gross profit (estimated) | $4,000 |
| Months of added profit to cover the cost | 12 |
Before you choose, ask two questions: how long will the money be out, and where will the repayment come from? The answers narrow the options quickly.
The asset itself backs the deal, so it often fits when other credit is thin. See the page →
A fixed schedule over 12 to 18 months for a defined purchase. See the page →
If equipment purchases recur in smaller amounts. See the page →
Buying capacity before the demand is booked. Equipment that sits idle costs the payment and the space.
Sole proprietors can apply. The minimum FICO is 500, and the better your credit, the better your offer. See the published requirements.
Terms vary by file and structure; your offer shows the full amount and schedule before you sign. 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.
