Frequently Asked Questions

We work with a network of funding partners across working capital, merchant cash advances and credit card splits, business lines of credit, invoice financing, purchase order financing, equipment financing and leasing, SBA loans, bridge loans, and collateral based loans. One application; we match you to the products your file actually supports. See all products →

We work across a range from about $10,000 up to $1 million, depending on the product. What you qualify for comes down to your monthly revenue, your time in business, and your existing obligations — any number quoted before underwriting is a guess. The application takes about five minutes and gives you a real answer.

Not for most products. Working capital, merchant cash advances, lines of credit, and invoice financing typically require no specific collateral. Collateral based loans are available if you want to leverage commercial real estate for better rates and larger amounts.

You receive a lump sum and repay it as a fixed percentage of your daily card sales, collected at the processor. Busy days repay more, slow days repay less, and closed days repay nothing — so the payment moves with your business instead of against it. It is a common structure for restaurants and retail. How splits work →

Match the term of the money to the life of what it is buying. Slow-paying invoices call for invoice financing; equipment calls for equipment financing; recurring unpredictable gaps call for a line of credit. Our guide walks through all of it. Small business financing, explained →

Requirements vary by product. As a general guide: at least six months in business, a business checking account, and consistent monthly revenue. Most products have a minimum credit score around 500, and some collateral based products have no minimum at all. We evaluate overall business health, not one number.

Typically three to four months of recent business bank statements, a completed application, a voided business check, and a copy of your driver’s license. Send complete official PDFs from the bank — screenshots or partial pages will hold up your file.

Applying does not involve a hard credit pull, so it will not affect your score. If you move forward with certain products, a hard pull may be required at that stage — we will tell you before it happens.

About five minutes online, or you can apply over the phone. Start an application →

No. Reviewing an offer costs you nothing and there is no obligation to accept it. If it is not the right structure for what you are trying to do, we will say so.

Construction, trucking, restaurants, retail, healthcare, auto repair, manufacturing, wholesale, professional services, salons, cleaning, real estate, and more. Some industries are restricted at most funders — we will tell you early rather than waste your time. See industries →

Yes. Declines usually come down to one fixable factor — existing positions, negative days in the bank statements, or timing. Send us the statements and we will tell you what an underwriter is seeing. Why applications get declined →

Files submitted with complete documents are often reviewed the same business day, and funds are commonly deposited within 24 hours of approval. Timing depends on the product, the completeness of your file, and your bank — we will give you a realistic timeline for your specific situation rather than a headline number.

By ACH transfer directly into your business bank account.

Payroll, inventory, materials, equipment, expansion, marketing, taking on a larger contract, or bridging a gap in receivables. The honest test is whether the capital produces more than it costs.

Sometimes, but be careful. Stacking multiple advances is the fastest way to turn a cash gap into a cash crisis, and every daily debit is visible in your bank statements anyway. If you already have two or three positions, the right answer is usually consolidation, not another advance.

It depends on the product. Loans use an interest rate. Advances and splits use a factor rate — a flat multiplier. A 1.35 factor on $50,000 means you repay $67,500, with the cost fixed at signing. Factor rate vs. APR →

No. An interest rate has time built into it; a factor rate does not. The same 1.35 factor costs you very different amounts over six months versus eighteen. Always convert before you compare offers. Use the calculator →

Depending on the product, payments are taken daily, weekly, or monthly by ACH from your business bank account — or, with a credit card split, as a percentage of your daily card sales collected at the processor.

On a true factor rate product, often not — the cost was fixed at signing. Some funders offer a prepayment discount and many do not. Ask us for the exact number before you sign, not after.

If you are a New York business borrowing under $500,000, the Commercial Finance Disclosure Law requires a standardized disclosure — including the finance charge and an estimated APR — before you sign. You should get one from every funder. If someone will not give you those numbers, that is worth knowing.

Some products carry an origination or underwriting fee, which is taken out of the amount you receive. Ask for the net amount funded, not just the gross — it changes the real cost.

A business funding company based in Yonkers, NY, founded in 2016. Our team spent over two decades in commercial banking before building a platform to serve the small businesses that system was not designed for.

No. We are a business financing company with a network of funding partners. That is what lets us match you to a product that fits, rather than pushing you into the one product we happen to sell.

Call (800) 829-7113 or email info@rfrcapital.com. We respond within one business day, usually faster.