Banks, SBA lenders and online funders; Merchant Fund Express is a Miami-based marketplace sending one application to multiple funders.
Check my optionsLocal funding
Miami small businesses can draw on local banks and credit unions, SBA lenders, community development lenders and fast revenue-based funders. Choosing among them comes down to how fast you need money and how strong your credit and history are.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
Existing balances of $100,000 or less can be bought out.
You can apply at 500; stronger credit opens more products.
Net cash, total payback and payment shown before you sign.
Approved files are usually funded the next business day.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Banks and credit unions in Miami-Dade offer term loans and lines of credit with the lowest costs for established businesses with strong credit, two or more years of history and complete financials. Relationship matters: businesses that already bank with an institution often find the process smoother.
SBA lenders serve South Florida through the SBA South Florida District Office area, offering 7(a) loans for working capital, equipment and acquisitions, and 504 loans for real estate. The Florida SBDC network provides free help preparing applications. These loans take weeks to months.
Community lenders such as CDFIs and local loan funds serve businesses that banks often overlook, including many immigrant-owned and minority-owned firms in Miami. They combine flexible criteria with coaching but move more slowly than private funders.
Revenue-based funders and merchant cash advance providers move fastest. They review bank statements, consider credit from 500 and can fund the next business day, which suits restaurants preparing for winter season, import businesses waiting on overseas payments or contractors between draws. Florida has a commercial financing disclosure law covering certain providers, so request the written summary.
MFE is based in Miami, serves owners in English and Spanish and reaches multiple funders with one application, including buyouts of up to $100K for businesses that already carry an advance.
Miami businesses with international customers should also consider payment timing from abroad. Wire transfers from Latin America or the Caribbean can arrive in batches or with delays, so explaining those deposits and their typical timing helps underwriters read statements accurately.
Bilingual documentation can speed things up. If contracts or invoices are in Spanish, a brief English summary of key terms helps funders whose underwriters work in English, while MFE can review documents in either language.
A Miami business with steady deposits might see an offer like this. Illustrative numbers.
| Amount funded | $125,000 |
| Factor rate | 1.28 |
| Total payback (amount × factor) | $160,000 |
| Fees deducted at funding (5%) | $6,250 |
| Net cash you receive | $118,750 |
| Weekly payment over 44 weeks | $3,636 |
| Same total as daily debits (~220 business days) | $727/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Banks and credit unions | Lowest cost, strongest profiles |
| SBA lenders | Long-term, weeks to months |
| Florida SBDC | Free application help |
| CDFIs and local funds | Flexible, slower |
| Revenue-based funders | Fast, credit from 500 |
Good fit:
Probably not yet:
Banks, credit unions, SBA lenders, CDFIs and revenue-based funders.
Revenue-based funding, often next business day.
Bank and SBA loans for qualified borrowers.
The Florida SBDC network provides free advising.
Yes, MFE serves owners in Spanish and English.
Buyouts of up to $100K or structured second positions may be available.
Yes, underwriting is based on deposits, not neighborhood.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding