Your credit score is part of your financial story. It is not the entire story.
If one provider declines your business, that decision does not establish the requirements of every other funding program. The useful next step is to understand why—and explore options that fit your circumstances.
Different programs look at different factors
Providers may review credit history alongside revenue, cash flow, time in business, existing obligations, and other information.
For example, SBA describes lender underwriting considerations that can include credit history, cash flow, equity, and collateral. There is no reason to assume every bank decision turns on a single universal score cutoff.
A marketplace approach helps you explore different funding structures through a central starting point. It does not guarantee an approval or the lowest available price.
Show what your business can support
Prepare current business information before applying:
- Recent business bank statements.
- Your time in business and revenue history.
- Existing financing and payment obligations.
- The amount requested and intended use.
- Relevant invoices or equipment quotes, if applicable.
Clear documentation helps a provider assess the business beyond a score alone. Strong revenue can be useful, but it does not automatically overcome other concerns.
Understand the structure before accepting
A term loan, line of credit, equipment financing arrangement, and revenue advance are different products.
Ask how the funding works, how payments are collected, and whether the agreement requires collateral, a personal guarantee, or a lien.
If an offer uses a factor rate, do not treat that number as an annual interest rate. Request the total payback amount and a clear explanation of the costs and payment schedule.
Ask about credit checks
Before authorizing a check, ask whether it is a soft inquiry or hard inquiry and when it occurs. Requirements can change between an initial review and final underwriting.
Avoid assuming that every product has the same credit-check process.
Look beyond the approval
An approval is useful only if the funding works for your business.
Review the amount you will actually receive after deductions, the total repayment or remittance amount, payment frequency, applicable fees, and early payoff terms.
Consider whether those payments remain manageable during a slower month. A smaller amount may be more practical than the largest available offer.
Explore your next option
Tell fundu about your business, your funding goal, and your timeline. Start with one application to explore available options.
Approval is not guaranteed. Credit requirements, inquiries, terms, costs, and funding times vary by program and provider.