How much can I qualify for?
A rough funding range based on average monthly revenue, years in business, open positions and credit band, much like an underwriter's first pass at sizing a file.
This is an estimate built on four inputs, and it is not an offer. Bank statements set the real number. How this is calculated.
The working
The starting range sits Between 80% and 125% of mean monthly deposits, which is how most first-position programs size an advance. Next come three adjustments that mirror how an underwriter trims a first look:
- History: multiply by 0.75 below 12 months, by 1.0 for 12–23 months, and by 1.15 at 24 months or more.
- Open positions: multiply by 0.75 for every one, to a maximum of three.
- Credit band: scores under 580 get a 0.8 multiplier, 580 to 669 get 0.9, 670 to 739 stay at 1.0, and 740 or higher get 1.1.
Results are rounded to the closest $1,000 and never go below $5,000. Most programs won't begin with less than six months of history or under $10,000 a month, and rather than make up a figure, the calculator tells you that.
This is no substitute for statements: a real offer can rise or fall with average daily balance, negative days and the industry.
How large a merchant cash advance could my business get?
Most first advances land at 80–125% of average monthly deposits, so a business that deposits $40,000 a month will usually see offers from $32,000 to $50,000. The range shrinks for businesses under a year old, shrinks again with every open position, and moves up or down a little based on the owner's credit band. Your statements decide the number, and your score decides which partners are in the running.
Is strong credit required to get business funding?
A bank term loan or credit line typically calls for a score of 680 or higher and two years of operating history. Advance and revenue-based programs care more about deposits than credit score, so owners with scores in the 500s get approved routinely if their statements are clean, though they pay a higher factor rate. Below 580 the field of partners narrows.
Can I qualify with existing advances?
A second position is common; going past a third is rare. Every open position already has a claim on part of the daily receivables, which means a new partner will advance a smaller amount at a higher price. Taking on several usually violates the first agreement, so review it before adding another.
Is this estimate an offer?
No. Underwriters run this same arithmetic for a first look, and here it works from the four inputs you gave. What a real offer looks like comes down to the industry, the partner's own program and three to six months of complete bank statements.
Ready to see what your numbers come back as?
One request, three months of statements, options from our network of funding partners in plain dollars — or an honest note that a bank is your better route.