Use of funds
Deductible plus any costs not covered, plus the cost of the work you must pay before reimbursement.
✓ 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.
After a loss you pay the deductible and often the full repair cost up front while the insurer investigates. The claim pays, but weeks after the work.
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.
Deductible plus any costs not covered, plus the cost of the work you must pay before reimbursement. Include a cushion for downtime.
An illustration. These are illustrative figures to show the arithmetic, not an offer.
| Item | Illustration |
|---|---|
| Deductible | $7,500 |
| Repairs paid up front before reimbursement | $38,000 |
| Expected claim payment in | 45 days |
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 fast lump sum to start repairs. See the page →
Draw as repair invoices arrive. See the page →
Starting work before the insurer has documented the loss. Photograph and document first.
Sole proprietors can apply. The minimum FICO is 500, and the better your credit, the better your offer. See the published requirements.
Often yes; the review is of your business, and the claim shows up as expected income once documented. 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.
