Get Funded in Three Simple Steps
Apply in minutes, hear back in hours, and see funds in your account usually within 24 to 48 hours of application. No bank committee, no mountain of paperwork.
How does Smart Business Funding work?
Smart Business Funding's Direct program provides working capital from $10,000 to $5,000,000. You apply online, receive an offer usually in a few hours (some complete applications; timing varies and is not guaranteed) on a complete file, and funding usually arrives within 24 to 48 hours of applying. Repayment is a fixed daily or weekly payment, and our Direct program begins with a soft inquiry.
Smart Business Funding® is a registered trademark (U.S. Reg. No. 7,637,151).
Fast where it counts
Apply. Qualify. Receive.
We built the process around your time, so you can get back to running your business.
Apply
Need extra working capital? Submit your application today. It only takes a few minutes and can be done online, over the phone, or by fax.
Takes a few minutesQualify
Our team reviews your file, usually with a quick phone call and a few standard business documents. We never ask for more than we need.
Decision usually in a few hours (some complete applications; timing varies and is not guaranteed)Receive
Once you approve your offer, funds are sent to your business account. Most merchants see them within 24 to 48 hours.
Funding usually in 24 to 48 hours
Qualifying is simpler than you think
We look at how your business performs, not just your personal credit history. If you meet the basics below, you are likely to qualify, and our team will confirm the details after you apply.
- At least 1 year in business
- Direct program: generally a credit score of 500 or higher, with an initial soft inquiry
- No open bankruptcies
- Monthly revenue that fits one of our two programs
Pick the program that fits your revenue
Direct Fund
Funded in-house by Smart Business Funding
- Monthly revenue
- $50,000+
- Time in business
- 1+ year
- Amounts
- $10K to $5M
- Terms
- Typically up to 10 months, sometimes up to 15
- Factor rate
- 1.309 to 1.499
- Fees
- 5% to 10%
Marketplace
Funded through our partner funders
- Monthly revenue
- $5,000+
- Time in business
- 1+ year
- Amounts
- $10K to $5M
- Terms
- Up to 18 months
- Factor rate
- 1.22 to 1.499
- Fees
- 0% to 10%
Both programs are merchant cash advances, repaid with a fixed daily or weekly payment. They are not loans. Final amounts, factor rates, fees and terms depend on your business and are stated in writing before you sign.
Funding that gets your business moving
Use your funds where they help most. Business owners commonly put them toward:
Frequently asked questions
How long does the application take?
The application takes just a few minutes. You can complete it online, over the phone, or by fax.
How fast will I get a decision?
Underwriting usually takes a few hours (some complete applications; timing varies and is not guaranteed) once we have a complete application and the required documents.
How fast will I receive funds?
Funding usually arrives within 24 to 48 hours from the time you apply. As little as 24 hours is possible.
What do I need to qualify?
You need at least 1 year in business. Our Direct Fund Program generally requires a minimum credit score of 500, and other programs may have different requirements. Our Marketplace program requires $5,000 or more in monthly revenue, and our in-house Direct Fund program requires $50,000 or more. There should be no open bankruptcies.
Will applying hurt my credit score?
Our initial Direct program review uses a soft inquiry, which does not affect your credit score. Other financing programs may require different credit checks, which should be explained before you proceed.
How does repayment work?
A merchant cash advance is repaid with a fixed daily or weekly payment, so you know the amount before you sign. It is not a loan. Factor rates and fees are stated in writing in your funding agreement.
How much funding can my business get?
Amounts range from $10,000 to $5,000,000, based on your monthly revenue, time in business and cash flow.
Do I need collateral?
Our direct merchant cash advance does not require collateral, although a personal guarantee or UCC-1 filing may still apply.
Ready to see what you qualify for?
Apply in minutes, with an initial soft inquiry in our Direct program, and hear back usually within a few hours (some complete applications; timing varies and is not guaranteed).
Smart Business Funding provides merchant cash advances, which are not loans. All funding is subject to underwriting approval. Amounts, factor rates, fees and terms vary by merchant.
Merchant cash advance cost calculator · Factor rate vs. APR: how to compare merchant cash advance offers
