Use of funds
Fit-out, moving and downtime, plus the overlap period of paying two rents.
✓ 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 move costs the build-out of the new space, the overlap in rent, moving and downtime. Revenue dips just as costs peak.
The review is of the business as a whole: revenue, time in business, bank activity and any open positions. Say what the money is for and how it will be repaid; a specific plan makes the file easier to read.
Fit-out, moving and downtime, plus the overlap period of paying two rents. Add a cushion for the weeks the shop is not fully open.
An illustration. These are illustrative figures to show the arithmetic, not an offer.
| Item | Illustration |
|---|---|
| Fit-out of the new space | $38,000 |
| Moving and equipment relocation | $6,500 |
| One month of overlapping rent | $7,200 |
| Revenue lost in downtime (estimated) | $12,000 |
| Total need | $63,700 |
Match the structure to the shape of the need. A one-time, defined cost fits a lump sum or a term loan; a recurring or uncertain need fits a line you draw and repay.
A defined project with a fixed weekly schedule. See the page →
Cover the overlap and downtime. See the page →
Planning the move for the busy season. Time it for a lull if the lease allows.
Sole proprietors can apply. The minimum FICO is 500, and the better your credit, the better your offer. See the published requirements.
If the new space supports higher revenue or lower cost within a year, funding is reasonable; otherwise wait for a lease event. 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.
