Business Requirements
Advance Size : $4,500-$500,000
- Monthly Processing: $4,500+
- Monthly Sales: $10,000+
- Years in Business: 6 Months
Credit Requirements
- Bankruptcies: >12 Months
- Tax Liens: Up to $250k w/Plan
- FICO Score: 500+
Documentation
- Application: Required
- Processing Statements: 3 Mo+
- Bank Statements: 3 Mo+
Advance
- Advance Size: Up to 1.5 Mo
- Daily Withhold: 10%-25%
- Factor Rate: 1.25-1.49
- Turn Time: 3-18 Months
Funding Requirements
- Days of Processing/ACH: >2
- Welcome Call/Fund Call: Yes
- Landlord Verification: Yes
Renewal
- Renewal Requirement: Advance is 50% Paid Back
- Renewal Review Requirements:Processing, Credit AndBank Statement Review
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