A low score tells a funder about your past. Your bank statements show the business you run today. New York owners with FICO 500+ can still apply.
Apply Now →We consider FICO 500+. A score under the comfortable range for a conventional bank is not an automatic no here. The score is one input among several.
The credit pull is soft. It does not add a hard inquiry to the file you may be trying to rebuild.
We typically review about three months of business bank statements. They show deposits, balances and how the business has been paying its own bills. No tax returns are required.
| What happened | What the score shows | What the business may look like now |
|---|---|---|
| A slow winter, bills paid late | A cluster of late payments | Deposits recovered, but the file has not |
| Personal cards used to cover a business gap | High utilization | The business may be steady, with the personal cards still carrying the balance |
| A medical event or divorce | Collections or missed payments | Unrelated to how the shop runs today |
| A customer who never paid | Missed payments to your own vendors | A one-time loss, not a pattern |
These are examples of common patterns, not a list of what we accept or decline.
A great many New York owners are sole proprietors, such as drivers, stylists, trades and consultants, and many of them mix personal and business deposits in one account. Sole proprietors can apply. If your statements are mixed, it helps to mark which deposits are business income so the picture is clear. A clean separation going forward also makes the next application simpler.
For illustration only, with round numbers and not our terms: a mobile detailing owner with a low score wants a second van. If the van adds enough weekly jobs to cover its own cost, the purchase can pay for itself. If the money is only meant to cover last month's shortfall, ask first what keeps causing the shortfall. We cannot promise any effect on a credit score, and funding should be tied to a specific business purpose rather than to repairing a file.
None of this takes long, and it makes the five-minute application cleaner.
We fund $25,000 to $5,000,000, funded in as little as 24 hours. The application takes about five minutes. Start at the application page.
FICO 500+ is considered, so a score in that range is not ruled out.
No tax returns are required.
Your score is one input. About three months of business bank statements are also typically reviewed.
The pull is soft, so no hard inquiry is added.
We typically review about three months of business bank statements, so you need a few months of business deposits.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
