FAQs
How does Funded work?
Funded specializes in unsecured working capital, revolving lines of credit, and full consolidations. We have one simple application, and can get your business approved within hours. Our staff is IN-HOUSE, and we work diligently to provide all your funding options in one place.
Our staff is invested in the business owners we lend to, and although we strive to be the best, we know that we can only be as good as you and your business are.
Is my business eligible? What are the requirements to apply?
96% of business owners who apply for funding with us are approved for business capital, and we are very proud of that.
Our minimum requirements are:
- 3+ months in business.
- $10,000 monthly revenue or $120,000 annually
- 500+ FICO Score
- No prior defaults.
What documents are required to complete my funding application?
Most submissions only require our one page Zoho Sign application and 3 months of bank statements. On some occasions, we require 6-12 months of business banking statements. If that is the case, we will let you know!
Banks are calling me multiple times a day, and I can actually use money- but I don't know who to respond to, and at this point it's easier to not do anything at all, vs. the thought of more lenders calling me if I give you information.
With Funded, we guarantee you will not be receiving calls because you apply with us. Our capital is in-house, and our underwriters are in-house, too. When we work together, we are working together. As for those calls that you have been getting, that is unfortunate, and unfortunately we are well aware of the situation.
How secure is my information?
Very. We use the latest bank-grade encryption and Secure Sockets Layer (SSL) technology, we can ensure that the safety of our applicant’s information is our number one priority.
I have cash in the bank and I have good personal credit. Why would a merchant cash advance be beneficial for my business?
That's excellent! Although personal credit is more-or-less irrelevant in our line of lending, we are able to provide our best approvals with a shown combination of high monthly deposits and excellent credit score.
Many of our clients enjoy the perks of banking with us because we provide funding in as little as 6 hours, and our early pay-off incentives.
955 S. Federal Highway Unit #344
Fort Lauderdale, FL 33316
833-FUNDED9 (833-386-3339)
Funding Kept Simple.
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