T.A.G. Business Funding T.A.G. Business Funding

Transparency First

How Business Funding
Actually Works

Six steps. No surprises. Know exactly what happens from the moment you apply to the moment funds hit your account.

24–72 hrs
Application to funded
1 page
Application form
3 months
Bank statements needed
No hard pull
At initial review

Funding Readiness Center

The Process

6 Steps from Application to Funded

Most applicants complete all six steps within 1–3 business days. Here is exactly what happens at each stage.

1

Submit the One-Page Application

Complete a simple one-page application: business name, owner name, phone, estimated monthly revenue, and amount requested. No tax returns. No business plan. No bank login required.

5 minutes to complete
2

Upload 3 Months of Bank Statements

Provide the 3 most recent months of business bank statements — the full PDF, not screenshots. All revenue should flow through one primary business checking account. Statements must be from a business account, not personal.

This is what gets you approved
3

File Review — Typically Within 24 Hours

Underwriters in the Mom & Pop Business Funding network review your file. They evaluate average daily balance, deposit volume, NSF frequency, and existing advance positions. No site visit. No in-person meeting. Most decisions come back the same day or next morning.

No hard credit pull at this stage
4

Receive Your Offer

You receive a term sheet showing: advance amount, factor rate, total payback amount, and daily or weekly payment. Review it carefully. The factor rate is a multiplier — a 1.30 factor on a $50,000 advance means $65,000 total repayment. There is no prepayment discount unless explicitly stated.

Read before you sign
5

Sign Contract and Provide Voided Check

Sign the merchant agreement electronically. Provide a voided check from the same business bank account used in your statements. This authorizes ACH debits for daily or weekly repayments. Signing is typically done via DocuSign or a similar e-signature platform.

Electronic — no faxing
6

Funds Deposited to Your Account

Funds are deposited via ACH to your business bank account — the same account on your statements. Same-day funding is possible; 24–48 hours after contract signing is most common. Repayments begin the next business day.

Same account, same day possible

What to Expect

Funding Timeline

Here is a realistic hour-by-hour breakdown of what the fastest applications look like — and what can slow things down.

Hour 0
Application Submitted
Form complete. Bank statements uploaded. File enters review queue.
2–6 hrs
Underwriting Review
Statements reviewed for deposits, NSFs, average daily balance, and existing advance payments.
Same day
Offer Delivered
Term sheet issued. Amount, factor rate, payback, and payment schedule presented.
Day 1–2
Contract Signed
Merchant agreement signed electronically. Voided check provided. Funding authorized.
24–48 hrs
Funds Deposited
ACH deposit to business bank account. Repayments begin next business day.
Delays
What Slows Things Down
Missing pages in statements, mixed personal/business deposits, unsigned documents, or holiday bank processing.

What We Need

Required Documents

The shorter your document list, the faster your approval. Here is what every applicant needs, plus what some capital partners ask for on larger advances.

✓ Required — Every Applicant

  • Completed one-page application
  • 3 most recent months of business bank statements (full PDF — all pages)
  • Voided check from business checking account
  • Business must be the account holder

◆ Sometimes Requested (Larger Advances)

  • Government-issued photo ID (owner)
  • Business license or DBA filing
  • Most recent 3 months of processing statements (if applicable)
  • Landlord contact or lease copy (some industries)

✗ What We Do NOT Require

  • Tax returns (initial review)
  • Business plan or projections
  • Collateral or personal assets
  • Bank login credentials (never share these)

ℹ Statement Quality Tips

  • Download directly from your bank — no screenshots
  • Include all pages (cover page + transaction detail)
  • Must show account holder name matching the application
  • All 3 months must be the most recent available

Real Business Outcomes

Who Gets Funded and Why

These composite profiles represent the types of businesses and situations that move through the funding process successfully. Identifying numbers have been removed.

Restaurant — Ohio

"Bank said no because our credit score dropped after COVID. But our deposits were $55K a month. That's what got us approved."

$45,000 funded. Factor rate: 1.28. Used for kitchen equipment repair and payroll during slow quarter.
HVAC Contractor — Texas

"Had a big commercial contract coming in but needed equipment to fulfill it. Applied Monday, had money Wednesday. That job paid for the advance three times over."

$75,000 funded. Factor rate: 1.22. Used for equipment purchase ahead of commercial contract.
Auto Repair — Georgia

"I had one existing MCA. Was worried that would kill the deal. It didn't — they looked at my deposit volume and said I could handle the payments."

$30,000 funded. Factor rate: 1.35. Used to cover a slow January and pre-purchase parts inventory.

Composite examples based on general characteristics of funded files. Individual results vary. All funding is subject to underwriting and approval by capital partners in the Mom & Pop Business Funding network.

Common Questions

Application FAQ

Answers to the questions we hear most often before and during the application process.

How long does it take to get funded?
Most applicants receive a decision within 24–48 hours of submitting bank statements. Once the contract is signed and a voided check is provided, funds are typically deposited within 24 hours. The full process from application to funding commonly takes 1–3 business days.
Is there a hard credit pull when I apply?
No. The initial review does not include a hard credit pull. Underwriters primarily evaluate cash flow from bank statements. A soft pull or background check may occur later in the process depending on the capital partner, but your credit score is not the primary approval factor. Minimum accepted FICO is approximately 500.
What documents do I need to apply?
The minimum required: (1) a completed one-page application, (2) the 3 most recent months of business bank statements (all pages, PDF format), and (3) a voided check from the same business account. Some capital partners may request photo ID or a business license on larger advances.
What is a merchant cash advance factor rate?
A factor rate is a multiplier applied to the advance amount to calculate total repayment. A $50,000 advance at a 1.30 factor rate means you repay $65,000 total — a $15,000 cost. Factor rates typically range from 1.10 for the strongest applicants to 1.50 for higher-risk profiles. Use the MCA Calculator to see exact payment estimates before you apply.
What is the minimum revenue to qualify?
The general minimum is $4,000 in monthly gross deposits through a business bank account for at least 6 consecutive months. Higher revenue qualifies for larger advance amounts. Deposits must be consistent — seasonal spikes do not substitute for steady monthly volume.
Can I get funded if I have existing MCAs?
Yes, in some cases. Having 1–2 existing MCA positions is acceptable to many capital partners if your bank account shows adequate deposit volume to support additional payments. Having 3 or more open positions, or if existing payments already consume more than 15–20% of daily deposits, makes approval significantly harder. Run the Fundability Score to see your current position.
Does my industry matter?
Yes. Restaurants, contractors, HVAC, roofing, retail, trucking, dental, and most service businesses qualify. Restricted industries include cannabis, firearms dealers, adult content businesses, and businesses under active government investigation.
What happens if I miss a payment?
MCA repayment is collected via daily or weekly ACH. If the debit fails due to insufficient funds, most capital partners will retry within 1–2 business days. Repeated failures trigger default procedures, which can include confession of judgment in some states. If you anticipate a payment problem, contact your funder immediately — before a missed payment, not after.

Ready to Apply?

You know the process. You know what it costs. You know what they look at.
One page. Three months of statements. Decision in 24–48 hours.

Apply for Funding → Check Your Readiness First

500 FICO OK  ·  No hard credit pull  ·  $4,000/mo minimum  ·  6 months in business