Use of funds
Multiply the per-person kit by the number of hires, then add the first month of consumables.
✓ 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.
Each new hire arrives with a list: uniform, tools, safety gear, a phone, a vehicle allocation. Hiring ten people means ten of each, before any billable hour.
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.
Multiply the per-person kit by the number of hires, then add the first month of consumables. Budget replacement as well as initial outfitting.
An illustration. These are illustrative figures to show the arithmetic, not an offer.
| Item | Illustration |
|---|---|
| Kit per new hire | $1,600 |
| Hires planned | 8 |
| Initial outfitting | $12,800 |
| First month of supplies | $4,200 |
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 lump sum for the kit as hires arrive. See the page →
If hiring is continuous. See the page →
Buying premium tools for crew members who turn over quickly. Match quality to retention.
Sole proprietors can apply. The minimum FICO is 500, and the better your credit, the better your offer. See the published requirements.
Funding starts at $10,000 for a line of credit draw; smaller needs are usually met from cash flow. 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.
