From your first message to the money landing
No part of this is proprietary and no part is mysterious. What follows is every stage, what occupies us through it, and the time each one honestly takes.
Start to finish
The full run, from enquiry through to settled
- 1Under 10 minutes
Send in the application
A single page, plus four months of statements in PDF. Doable from your phone over lunch, and nothing else stands between you and a real answer.
- 2Often same day
A person reviews it
A real underwriter, not a scoring engine, works through the deposits, the daily balances and anything already running, then prices the file to what the account can truly bear.
- 3Same business day
Every number, on one page
The amount, the factor or interest rate, the dollar total, whatever the pull or payment runs to, and the term to expect — all set out before you agree to a thing.
- 4As little as 24 to 48 hours
The money lands
You sign, a quick verification call checks the details, and the wire leaves our own account. The first pull or payment begins the next business day.
The review
What an underwriter is actually weighing
Because repayment flows out of ordinary banking, ordinary banking is what gets read. A short list of signals in the statements carries most of the call on its own.
- How steadily money lands. The count and cadence of deposits, and whether that shape survives from one month into the next. Two dozen deposits a month at a steady size says far more than a lone giant one, since what we back is a flow and not a snapshot balance.
- What the account holds between deposits. Never mind the figure on the first of the month, which anyone can stage; what matters is whether the business keeps a cushion across the weeks or hits bottom every time before the next deposit arrives.
- Overdrafts and returned items. A few over several months is just trading, and nobody here will blink at them. A knot of them recurring on the same dates signals a fixed burden the account cannot easily shoulder, and that bears on how much we can responsibly offer.
- What is already being drawn. Whatever comes out daily or weekly already trims what is left for us, and loading more onto a stretched account helps no one. Name those commitments on the form and the pricing accounts for them; let verification uncover them and the file ends right there.
- How long the business has run. Time in operation reads as context, not a gate. A longer record gives an underwriter more to work from and usually fewer questions to send back, which is most of what carries a file through quickly.
The bar
What must hold before a price is even possible
- Time in business
- 6 months or moreClocked from when the business began trading for real, not from the date the entity was registered.
- Monthly revenue
- $15,000 or moreWhat actually lands in the business account each month. Four even months read better here than one standout.
- Business bank account
- RequiredLive, in use, and under the trading name itself — a personal account will not stand in for it.
- Location
- United StatesThe business has to be formed and trading in the US. We put money to work across all fifty states.
Clear all of these and the file gets a proper read. That is not the same as an offer — plenty of businesses are turned down here, and we would sooner say so within the hour than string it out for a fortnight.
The documents
The short stack, and the things we leave aside
What we request
- Four months of bank statementsFull PDFs straight from the bank, every page, blanks and all. Snapshots from a phone and spreadsheet exports only hold things up.
- A photo ID for whoever signsA driver’s license or a passport — whoever’s name actually goes onto the agreement.
- One voided business checkIt shows us where funds should land and which account the remittance pulls from.
- Something that proves the entityThe EIN letter does it, or the formation paperwork your state keeps on file.
What we will never request
- No tax returns, yours or the business’s — the lone exception is an SBA file, where the program insists on them.
- No business plan, no projections, no slide deck.
- No audited books, and nothing an accountant had to prepare.
- No house, no car, nothing personal signed away as security.
The process
Timing, checks, and what tends to stall a file
I have an advance out already. Can you still fund me?
Frequently, yes, on one rule: list the open position on the application — the holder, the balance left, the daily pull. Put that in front of an underwriter and we are able to price a second position once the deposits clearly carry two pulls. When they do not, the smarter move is usually consolidating the open balance into one position rather than piling on a third. Hide a position and the file is declined here, and hiding one is also how an owner ends up with a row of debits hitting the account on a single morning. Verification finds it every time, so there is no upside to leaving it off.
Can I renew, and is early payoff possible?
Two things in one, so let us separate them. Early payoff first: the amount we buy is locked — $97,500 in the site’s own example — so handing it over in five months instead of eight trims the calendar without touching that figure. Want a break for delivering early? Write it into the paperwork at the outset, because it cannot be added on afterward. Renewals run the opposite way. Once you are well past the midpoint, nothing bounced and the collection clean, we will underwrite afresh against your latest statements. That is a new call on new numbers, not something you are owed.
What paperwork do you need?
On an advance, a credit line or an equipment deal, bring four months of bank statements as full PDFs, photo ID for the signer, a voided business check, and whatever document shows the entity is real — the EIN letter or formation filing, usually. That is the lot, and we ask for nothing beyond it. A term loan over a quarter-million also wants a recent profit-and-loss statement added. SBA is its own beast: years of returns, interim numbers, a debt schedule and a plan set down in writing, which goes a long way toward explaining the 30-to-90-day wait.
Honestly, how fast is funding?
On an advance, a whole file in by morning is often decided that same day and funded in as little as 24 to 48 hours once you sign. A credit line or an equipment deal takes a few business days. An SBA loan runs 30 to 90 days, and chasing it does not move the needle. The delays we actually see trace back to the same two culprits nearly every time: statements sent as photos, and a position that only surfaces at verification.
Any industries you will not fund?
Ask in the opening minute of the first call and you will hear a straight yes or no before you gather a single document. The no-go list is short: gambling, cannabis, firearms and ammunition, adult entertainment, debt settlement and debt-relief services, plus anything a federal or state law makes illegal. Beyond that we are open on purpose — tow operators, staffing firms, seasonal contractors and independent repair shops are routine files here, and most are trades a bank branch brushes off without ever opening the account.
Could this hurt my chances of borrowing later?
It can, and better to know now than later. An advance does not show up on your report as a loan, yet we do lodge a UCC-1 over your receivables, and that sits in the public record for any later underwriter to spot. Some lenders see an open position and stop reading right there. A clean delivery record is what helps — it matters to us at renewal, and it matters to whoever reads the file after us.