Question 1

How are the daily payments structured?

Accepted Answer

Your payment is a fixed dollar amount withdrawn Monday through Friday. It does not change based on your sales volume. You know the exact number before you sign.

Question 2

What is a factor rate?

Accepted Answer

A factor rate is the way the total cost of your funding is calculated upfront. A factor rate of 1.40 on a $25,000 advance means you repay $35,000 total. That $10,000 difference is the full cost, shown before you agree to anything. No hidden fees added later.

Question 3

Can I pay it off early?

Accepted Answer

Yes. We offer early payoff discounts. If you have a strong month, paying down faster means paying less in total.

Question 4

What if my business has a slow month?

Accepted Answer

Your daily payment stays the same regardless of revenue. This is why your funding advisor walks through your monthly deposit history with you before you commit, to make sure the payment fits.

Question 5

How is this different from a bank loan?

Accepted Answer

Banks typically require 2+ years of profitability, strong collateral, and months of review. We look at your deposit history and time in business. 6 months in business, $5,000+ monthly deposits, 550+ credit score, regardless of whether a bank has turned you down.

Question 6

How much can I borrow?

Accepted Answer

Anywhere from $5,000 to $500,000. The amount you actually qualify for is typically up to 2x your average monthly deposit volume. If your business deposits $30,000 per month, you may qualify for up to $60,000. Larger amounts are available for businesses with stronger deposit history.

Question 7

What is the APR equivalent on your factor rates?

Accepted Answer

We hand you the APR-equivalent calculation alongside the factor rate so you can compare apples-to-apples with bank pricing. A 1.40 factor rate on a $25,000 advance repaid over 56 weeks works out to a specific APR your funding advisor walks through with you before you sign. No simple interest games, no buried APR.

Question 8

Do you require a Confession of Judgment?

Accepted Answer

No. A Confession of Judgment lets a funder seize accounts without going to court. It is standard in many MCA contracts and one of the biggest reasons business owners get burned. Our standard contracts do not include one. You retain your right to dispute and defend.

Question 9

Will you push me into a second advance later?

Accepted Answer

No. Stacking, taking a second or third advance to cover the first, is the fastest way to wreck a business. We do one advance at a time, paid down before any conversation about additional funding. If you ever need more, we revisit it after you have paid down the first.

Question 10

Do you fund businesses outside of Texas?

Accepted Answer

Yes. Our underwriting network has funded over 25,000 small businesses across all 50 US states plus DC. We can fund any industry except collection agencies, financial services, and gambling-related businesses. Our funding is nationwide.

Question 11

Do I need collateral?

Accepted Answer

No. We do not require you to put up your home, equipment, or business assets as collateral. The advance is based on your business revenue history, not what you own.

Question 12

What type of bank account do I need?

Accepted Answer

You need a national business bank account. Accounts through Square, PayPal, or similar payment processors do not qualify. If you bank with Chase, Wells Fargo, Bank of America, or a similar national bank, you are good to go.

Question 13

Will applying affect my credit score?

Accepted Answer

Checking your options does not require a hard credit pull. A hard inquiry only occurs if you move forward and formally apply after reviewing your offer terms.

Question 14

Can I get a second advance if I need more later?

Accepted Answer

Yes. Many clients come back for a second or third advance after paying down the first. Once you have an established payment history with us, subsequent approvals are typically faster.

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