Frequently Asked
Everything you need to know before you apply.
Straight answers about eligibility, timing, products, and the process.
How much funding can I qualify for?+
iFundYou funds businesses from $50,000 up to $3,000,000, depending on your monthly revenue, time in business, and product mix. Most businesses qualify for 80–120% of their average monthly gross revenue.
How fast can I receive funds?+
Qualified applicants often receive offers within a few hours and funding as fast as the same business day. Full underwriting typically closes within 24 to 48 hours.
What are the minimum qualifications?+
You generally need at least 6 months in business, a US business bank account, and consistent monthly revenue. We work with a wide range of credit profiles and industries.
Will applying affect my personal credit?+
The initial application uses a soft pull, which does not affect your personal credit score. A hard pull may occur only if you accept a formal offer and move to closing.
What products do you offer?+
Merchant cash advances, term loans, lines of credit, SBA loans, and equipment financing. Your advisor will recommend the structure that fits your business best.
Is iFundYou a direct funder or a broker?+
iFundYou is a direct funder with an in-house underwriting team. When a request is outside our box, we can also place it through our syndication network.
How do I apply?+
Click Apply Now on any page. The digital application takes about 5 minutes and requires basic business information and your last 3 months of bank statements.
Are there any hidden fees or prepayment penalties?+
No hidden fees. Every offer shows the funded amount, total payback, factor rate or interest rate, and payment schedule before you sign. Prepayment terms vary by product — your advisor will walk you through them upfront so there are no surprises.
How much does an MCA actually cost?+
MCAs use a factor rate, not an APR. If you're funded $50,000 at a 1.30 factor, you owe $65,000 total. There are no compounding interest charges, and the number never changes based on how long repayment takes. We show you the exact total before you sign.
Do you require collateral or a personal guarantee?+
Most revenue-based products (MCA, working capital) do not require hard collateral. A personal guarantee is standard across nearly all small business funding. SBA and larger term loans may involve additional collateral requirements.
What if my business has a slow month?+
For MCA and revenue-based products, payments scale with your deposits, so slower weeks mean smaller payments. If you're on a fixed-payment product and hit a rough patch, contact your advisor immediately — we can often work with the funder on a short-term adjustment.
Can I qualify with a low personal credit score?+
Yes. Revenue-based products focus on your business's cash flow, not just your FICO. We routinely fund business owners with credit under 600 when the business has strong, consistent deposits.