# How Merchant Fund Express works

URL: https://merchantfundexpress.com/how-it-works/
Updated October 15, 2026. Published by Merchant Fund Express.

You complete a short online application, send 3 to 4 months of business bank statements, ID and a voided check, and the MFE team reviews the file and matches it to a product. You receive an offer that shows the amount, the total repayment and the payment schedule, sign electronically if it works for you, and funds are sent to your business account. Same-day decisions are common on complete files, and funding often follows the next business day.

## Step by step
Apply. Fill in the short application at /current-application.html: business name, industry, time in business, monthly revenue, the amount you need and what it is for. It takes a few minutes, in English or Spanish.Send statements and documents. Upload 3 to 4 months of business bank statements, a photo ID and a voided business check. Larger requests may also need financial statements.Review. The team reads your deposits, average balances, negative days and any existing advance or loan payments, and checks your industry against program rules.Offer. You get an offer that shows the funded amount, any fees, the total repayment and the payment amount and frequency. If more than one product fits, we lay them side by side.Questions and signing. Ask anything by phone at (305) 384-8391 before you sign. Contracts are signed electronically.Final verification. A quick confirmation call and bank verification.Funding. Funds are sent to the business account on the voided check.

## Timeline
StageTypical timing on a complete fileWhat can slow it downApplicationA few minutesMissing revenue or ownership detailsDocument uploadSame dayStatements missing pages or the current monthReview and decisionSame-day decisions are commonMixed personal and business accounts; unclear existing debtOffer and signingAs soon as you are readyWaiting on a co-owner's signatureFundingOften the next business dayBank verification, holidays, first-time factoring setupEquipment financing can take longer because the vendor invoice and equipment details have to be confirmed. Invoice factoring usually needs extra time the first time because your customer has to receive and acknowledge a notice of assignment.

## Documents checklist
3 to 4 months of business bank statements (all pages, most recent month included)Government-issued photo ID for each owner signingVoided business check for the funding accountThe short applicationFor larger requests: business tax returns or financial statementsFor equipment financing: the vendor quote or invoiceFor factoring: open invoices and a customer list with payment terms (net 30 to 90)

## What MFE offers and the usual guidelines
Amounts run from $5,000 to $5,000,000 across merchant cash advances, revenue-based funding, working capital loans, lines of credit, equipment financing (terms up to 60 months), invoice factoring and MCA refinance or buyout. Credit scores from 500 are considered; stronger credit usually means better offers. These are guidelines, not approvals:ProductMonthly revenueTime in businessCreditMerchant cash advanceCommonly from about $7,500Often 3+ months500+ consideredWorking capital loanAbout $17,5006+ monthsAbout 600+Line of creditAbout $17,5001+ yearAbout 650+Sole proprietors are eligible. Non-profits are not.

## How to read an offer
Every offer should answer five questions in dollars. Here is an illustrative example of a $30,000 advance:Line on the offerIllustrative figureWhat it tells youFunded amount$30,000The amount purchased or lentFees deducted at funding$0 to a few hundredNet cash is funded amount minus feesFactor rate1.32Multiplier on the funded amountTotal repayment$39,600The full cost: $9,600 above the funded amountPaymentAbout $1,650 per week for about 24 weeksCheck it against a slow week of depositsAsk also whether early payoff lowers the total and how a slow month is handled. Our funding cost calculator turns any offer into these figures.

## After you are funded
Payments start on the schedule in your contract. If sales drop, call before a payment is missed; some products allow an adjustment. Once you have paid down a meaningful share and your account is in good standing, you can ask about renewal or a larger product. If you are carrying several advances, read about MCA consolidation.

## FAQ
**How long does the MFE application take?** The online application takes a few minutes. Most of the time in the process goes to collecting complete bank statements. With a complete file, same-day decisions are common, and funding often follows the next business day.

**Does applying affect my credit?** Ask the team about the specific credit check used for your product before you submit. MFE considers scores from 500 and up, and a stronger score usually leads to better offers, especially for lines of credit and working capital loans.

**Can I talk to someone before I sign?** Yes. Call (305) 384-8391 in English or Spanish. The team will walk through the total repayment, payment amount and frequency, and any fees, and can compare product types for your file before you commit.

**What if I already have a merchant cash advance?** Tell us on the application. We review the combined payment load, and in some cases an MCA refinance or buyout can lower the weekly burden or combine several payments into one. Disclosing existing advances avoids delays later.

**Do I need collateral?** Most MFE products are based on business revenue rather than pledged assets. Equipment financing is secured by the equipment itself. Larger requests may need financial statements, and contract terms are shown in your offer before you sign.

Apply: https://merchantfundexpress.com/current-application.html