How Fast Can You Get Business Funding?

Quick Summary

• • MCA funds in 24-48 hours, the fastest option, based on revenue
• • SLOC (unsecured credit line) funds in 2-4 weeks, based on 720+ personal credit
• • Bank loans take 2-6 weeks minimum; SBA loans take 30-90 days
• • Speed comes at a cost, faster funding typically means higher cost of capital
• • Application time: 15-30 minutes for MCA, slightly longer for SLOC

How Fast Can You Get Business Funding?

Get business funding in as little as 24-48 hours with an MCA or 2-4 weeks with a business credit line. Compare your options and apply now.

What Affects the Speed of Business Funding?

Several factors affect how quickly you can get business funding, including:

• Document readiness: Having all necessary documents ready can speed up the process.
• Credit check time: Credit checks can take a few hours to a few days, depending on the lender.
• Application complexity: Simple applications can be processed faster than complex ones.
• Lender efficiency: Some lenders are faster than others in processing applications.

MCA Funding: 24-48 Hours

MCA funding is a quick way to get business funding. Here's a breakdown of the timeline:

• Application: 1 hour
• Review: 2-4 hours
• Approval: 2-4 hours
• Funding: 24-48 hours

Business Credit Line Funding: 2-4 Weeks

Business credit line funding takes longer than MCA funding. Here's a breakdown of the timeline:

• Application: 1 hour
• Review: 1-2 weeks
• Approval: 1-2 weeks
• Funding: 2-4 weeks

Frequently Asked Questions

What is the fastest way to get business funding? MCA funding is the fastest way to get business funding, with funding available in 24-48 hours.

Do I need good credit to get business funding? No, you don't need good credit to get business funding. MCA funding is available to businesses with poor credit scores as low as 500, while business credit lines require a minimum credit score of 720.

How much funding can I get? The amount of funding you can get depends on your business revenue and credit score. MCA funding is available up to $250,000, while business credit lines are available up to $150,000.

What are the requirements for business funding? The requirements for business funding include a minimum business revenue of $15,000 per month for MCA funding and a minimum credit score of 720 for business credit lines.

Can I get business funding with no collateral? Yes, you can get business funding with no collateral. Both MCA funding and business credit lines are unsecured, meaning you don't need to provide collateral to get funded.

Ready to Get Funded?

Apply now to get business funding in as little as 24-48 hours with an MCA or 2-4 weeks with a business credit line.

See If I Qualify

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