- Dec 16, 2019
- 3 min read
Do you own a seasonal business? If so, you know that your business goes through high and low periods with
$20,000+
Revenue Eligibility Verification
Minimum Time-in-Business Requirements
Document Quality & Legibility Checks
Program Alignment & Deal Matching
Pre-Submission Compliance Review
Funding Readiness Best Practices
Do you own a seasonal business? If so, you know that your business goes through high and low periods with
No matter what your niche is, keeping up with the financial side of your business can be complicated. Whether you’re
Whether struggling to hire new quality team members or facing cash flow issues, small business owners often struggle with business
Building customer loyalty isn’t easy. Demands for attention are at an all-time high, and if your business doesn’t develop loyalty
Legend Funding Golf Outing – September 2019 Thank you to our ISO Partners for joining us at our Golf Outing.
No business wants to hear that they have a cash flow problem. Unfortunately, it happens to even the best business.
Starting a business is a challenge no matter where you’re starting from. Making mistakes is just a part of the
Good credit can work highly in your favor, especially as a business owner. However, it can also be confusing. Understanding
As a business owner, you know there is no shortage of business funding options. From lines of credits, MCAs, to
Lending is a tough business. Financing options come in different shapes and sizes, but where should you go if a
Small business financing options can be overwhelming. Dividing fact from fiction can be complex, especially when you’re busy running your
Even some 10 years after one of the worst financial crises in the United States, financial institutions are still trepid
Merchants typically qualify with at least 3 months in business, $10,000+ in monthly revenue, and an active U.S. business checking account. Underwriters review cash flow consistency, industry type, and existing advance exposure before approving a submission.
Most complete submissions receive a decision within 24–48 hours.
Underwriters focus on business performance over personal FICO. Strong monthly deposits and stable cash flow can offset lower credit scores in many programs.
ISOs should include recent business bank statements, a completed MCA application, processing statements when applicable, and disclosure of any open advances. Complete files reduce stipulations and delays.
Match the merchant to the correct program based on revenue strength, time in business, industry risk, and stacked position exposure. Realistic funding requests improve approval rates.
Yes. Underwriters assess current remittance amounts, remaining balance, and repayment capacity to determine whether additional funding remains sustainable.
