Frequently asked questions

Yes. We look at your business as a whole — time trading, revenue moving through the account, and your payment history with existing obligations — rather than a single three-digit score. That said, every application is subject to review and we cannot approve every business that applies.

A factor rate is a single multiplier applied once to the amount advanced. If you take $50,000 at a factor rate of 1.25, you remit $62,500 in total — that is the whole cost, fixed at signing. Interest, by contrast, accrues over time and changes with how long you take. A factor rate does not compound and does not grow.

Not for a merchant cash advance or revenue-based financing. Your business performance is what we underwrite against, so your personal property stays out of it.

It is one of the strongest signals we have. Consistent, on-time remittance on an existing facility tells us more about how a business behaves than a score does — and it is the main reason renewals are quicker and larger than first-time applications.

The term loan repays on a fixed monthly schedule, the line of credit repays monthly on the drawn balance, and revenue-based financing takes an agreed share of monthly revenue. Only the merchant cash advance remits from daily card sales.

Roughly six months trading, around $15,000 a month in revenue, an active business bank account in the company’s name, and a U.S.-based operation.

Usually your three to six most recent business bank statements, basic business details such as EIN and entity type, and a government-issued ID for the owner applying.

No. There is no penalty for settling a loan or line early. An advance is a fixed purchased amount rather than an interest-bearing balance, so paying it down sooner does not increase what you owe.

No. We fund U.S.-registered businesses trading in the United States.