Set your expectations before you get started
Set your expectations before you get started
We work with a diverse range of businesses across various industries. Any business owner operating a registered company for at least 1 year with a minimum monthly revenue of $30,000 is eligible to apply.
Our partners typically evaluate factors like your business's credit history, time in business, monthly revenue, and industry risk.
The amount of funding available varies depending on your business's revenue and financial health. On average businesses can qualify for 75% to 200% of their monthly revenue.
To get started you'll need to submit 3 months business bank statements with your application. Typically after approval funders will request proof of business ownership, a copy of a Government-issued ID, voided check. Depending on the amount funders may request to see tax returns too.
The initial application takes about 10-15 minutes to complete. Once submitted, you can expect a decision within 24-48 hours.
There are no fees to apply. If approved, any associated fees will be clearly disclosed before you accept the funding.
We'll review your application and match you with the most suitable funding partner within our network. You'll then work directly with that partner to complete the funding process.
If your application is approved, funding can often be disbursed within a few business days.
BizSourceFi operates as a facilitator and not a direct lender. Our services are limited to matching applicants with one or more lending partners from our network, who will independently assess the applicant’s eligibility for financing. We do not perform credit checks through TransUnion, Experian, or Equifax. Upon the successful matching of an applicant with a lending partner, all subsequent terms, conditions, and communications regarding the financing will be handled exclusively between the applicant and the lending partner.