The Process

How Does Business Funding Work?

Getting funded is a matter of three steps: apply, qualify, and receive your funds. We've made each one as simple and straightforward as possible.

Three Simple Steps

Apply. Qualify. Receive.

STEP 01

Apply

If you need extra working capital for your business, submit your application today. It only takes a few minutes, and it can be completed online, over the phone, or by fax.

STEP 02

Qualify

After you apply, our team begins the qualification process — typically a phone call and a few standard business documents. We'll never ask for more than we need.

STEP 03

Receive

Once you approve our offer, funds are typically sent to your business the same or next business day.

The Timeline

From Application to Funding

Here's how fast the process typically moves once you've submitted a complete application.

A Few Min. To complete your application
1–5 HRS To receive an underwriting decision
Same/Next-Day To receive your funds after approval

Qualification

What You Need to Qualify

Qualifying is simple — we focus on your business's performance, not just your personal credit history.

Generally Speaking...

If your business meets these basics, you're likely to qualify. Our team will confirm the specifics once you apply.

  • At least 1 year in business
  • Monthly revenue of $50,000 or more
  • No open bankruptcies
  • Credit score of 500 or higher (soft pull only)

Answers

Frequently Asked Questions

How long does the application take?+
The application itself takes just a few minutes to complete online, by phone, or by fax.
How fast is the qualification process?+
Most applicants receive an underwriting decision within 1–5 hours of submitting a complete application and required documents.
How fast will I receive funds after approval?+
Funds are typically sent to your business account the same or next business day after you approve your offer.
What do I need to qualify?+
Generally, at least 1 year in business, $50,000 or more in monthly revenue, no open bankruptcies, and a credit score of 500 or higher (soft pull only).

Ready to Get Started?

Apply Today and See What You Qualify For

Now that you know how the process works, learn more about Smart Business Funding's Merchant Cash Advance program for your business.

Apply Now →