Use of funds
Calendar the due dates for the year and add the amounts.
✓ 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.
Property tax, estimated income tax and annual filings arrive on fixed dates, in amounts that dwarf a normal month. They are predictable and still manage to catch businesses short.
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.
Calendar the due dates for the year and add the amounts. Fund the shortfall, not the whole bill: whatever cash you can set aside before the date reduces what you need to borrow.
An illustration. These are illustrative figures to show the arithmetic, not an offer.
| Item | Illustration |
|---|---|
| Annual property tax | $24,000 |
| Two instalments of | $12,000 |
| Cash set aside before the first date | $7,000 |
| Shortfall to fund | $5,000 |
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.
Open before the date and draw only the part you cannot cover. See the page →
A fixed weekly schedule for a large, known amount. See the page →
Paying with the same money that was earmarked for payroll or suppliers. Fix the order of payment first.
Sole proprietors can apply. The minimum FICO is 500, and the better your credit, the better your offer. See the published requirements.
Usually. A line that exists before the date means you draw when needed rather than applying under deadline pressure. 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.
