Use of funds
Sum deposit, first and last month, any broker fee and insurance certificates required at signing.
✓ 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 landlord asks for first month, last month and a security deposit before handing over keys, and the lease usually has to be signed before the revenue exists.
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.
Sum deposit, first and last month, any broker fee and insurance certificates required at signing. Keep it separate from the build-out.
An illustration. These are illustrative figures to show the arithmetic, not an offer.
| Item | Illustration |
|---|---|
| First month | $6,000 |
| Last month | $6,000 |
| Security deposit | $12,000 |
| Insurance and fees | $2,400 |
| Total at signing | $26,400 |
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 single lump sum for the signing costs. See the page →
If you need the money for a few weeks only. See the page →
Signing without an agreed opening date. Rent starts whether or not you are ready.
Sole proprietors can apply. The minimum FICO is 500, and the better your credit, the better your offer. See the published requirements.
Yes; they are an ordinary use of working capital, and the review is of your business. 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.
