Amounts and speed
How much funding is available?
From $25,000 to $5,000,000, depending on what your business revenue supports.
How fast can funds arrive?
In as little as 24 hours for qualified businesses. Faster depends on the file and the bank, so we do not promise it. See 24-hour business funding.
Who is this built for?
Established businesses doing $60K or more a month with credit that is not perfect.
Credit questions
What credit score is considered?
FICO 500 and up.
Does applying hurt my score?
The application starts with a soft credit pull, which does not affect your score.
Do I need credit repair first?
No. Credit repair and funding are separate services. You can apply based on revenue now and work on credit separately. Funding does not raise your score, and credit repair does not decide approval.
Documents and eligibility
What paperwork is needed?
About three months of business bank statements. No tax returns are required.
Can sole proprietors apply?
Yes.
How long is the application?
About five minutes. Start it here.
Products
- Working capital: a lump sum for operating needs, repaid on a schedule.
- Merchant cash advance: an advance against future receivables, collected as a share of sales.
- Business line of credit: draw what you need, repay, and draw again.
- Equipment financing: financing tied to the equipment being purchased.
Planning ahead
When is the best time to apply?
Before the need becomes urgent. An owner who applies when a large purchase order lands, rather than the day payroll is due, has more room to compare options and read the offer carefully.
What if my numbers dipped last month?
Explain it. A one-time dip from a holiday closure or a delayed client payment reads differently from a steady decline. See slow month cash flow funding and funding for big contracts.
Who provides the funding
Funding is provided through our partner, Merchant Fund Express. Eagle Credit Repair is a credit repair company and does not fund businesses itself. Read more on the partner page or in how business funding works.
Frequently asked questions
Is collateral required?
Working capital, merchant cash advances and lines of credit are revenue-based and do not require pledging property. Equipment financing is typically secured by the equipment itself. See same-day funding with no collateral for more.
Can I get funded the same day?
Decisions can move quickly, and funding for qualified businesses can arrive in as little as 24 hours. Anything faster depends on your file and your bank.
What can I use the funds for?
Common uses include payroll, inventory, equipment, repairs, covering slow months, and taking on larger contracts.
I had a bankruptcy a few years ago. Can I still apply?
Yes. FICO 500 and up is considered, and the review gives significant weight to current business deposits.
Do I have to accept an offer?
No. You can review the offer and decide whether it fits your business.
What if my revenue is seasonal?
Seasonal businesses can apply. Steady deposits across about three months help, and a merchant cash advance collects as a share of sales, so it moves with your volume.