How much can I qualify for?
We estimate a funding range using your average monthly revenue, time in business, open positions and credit band, much as an underwriter would on a first pass.
This is not an offer, just an estimate built from four inputs. Bank statements set the real number. How this is calculated.
The working
Our starting point is Between 80% and 125% of average deposits per month, which is how most first-position programs size an advance. These three adjustments mirror how an underwriter cuts down an initial estimate:
- History: multiply by 0.75 below 12 months, by 1.0 for 12–23 months, and by 1.15 at 24 months or longer.
- Open positions: multiply by 0.75 for each one, with a limit of three.
- Credit band: a score under 580 multiplies by 0.8; 580–669 by 0.9; 670–739 by 1.0; 740 or higher by 1.1.
We round results to the nearest $1,000, and nothing goes below $5,000. Most programs won't begin below six months of history or $10,000 a month, and rather than make up a number, the calculator tells you that.
Nothing here stands in for statements, since average daily balance, negative days and industry can push a real offer up or down.
What size of merchant cash advance could my business receive?
A first advance is usually set at 80–125% of average monthly deposits, so a business that deposits $40,000 a month would typically see offers of $32,000 to $50,000. Being in business less than a year lowers the range, every open position lowers it more, and the owner's credit band can move it slightly up or down. Your statements decide the amount, while your score decides which partners are in the running.
Does my credit have to be good for me to qualify for business funding?
Bank term loans and lines of credit typically expect 680 or higher plus two years of operating history. With advances and revenue-based programs, deposit history carries more weight than the credit score, so owners scoring in the 500s with clean statements commonly get approved, just at a higher factor rate. Below 580 the field of partners narrows.
Can I qualify with existing advances?
A second position is often possible; 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 less and charge more. Taking on several at once usually violates the first agreement, so read it before you add another.
Is this estimate an offer?
No. We run the four inputs you entered through the same math an underwriter uses on a first look. An actual offer hinges on the partner's own program, the industry, and three to six months of complete bank statements.
Want to find out what your numbers return?
Send one request with three months of statements and get options from our network of funding partners in plain dollars, or a straight answer that a bank would serve you better.