Do I Qualify for Business Funding? Here’s How to Know
Most business owners who reach out to us assume they probably don’t qualify. Too new. Credit not perfect. Revenue inconsistent. The majority of them are wrong.
Here’s exactly what it takes — and what it doesn’t.
What We Actually Look For
- ✅ Time in business: 3+ months of operating history
- ✅ Monthly revenue: $15,000+ in gross deposits
- ✅ A business bank account in your business name
- ✅ No open bankruptcy (resolved situations reviewed case by case)
- ✅ Credit score: We work with a wide range of profiles — scores as low as 500
That’s it. No collateral. No tax returns. No P&L statements.
What Banks Require vs. What We Require
| Traditional Bank | Wise Advances |
|---|---|
| 2+ years in business | 3+ months |
| 680+ credit score | 500+ credit score |
| Collateral required | No collateral |
| Tax returns, financials, P&L | Bank statements only |
| Weeks to decide | Hours to decide |
The Quick Self-Check
If you can say yes to these three things, you almost certainly have options:
- My business has been open for at least 3 months
- I have a dedicated business bank account
- I deposit at least $15,000 per month
The only way to know your real number is to check. It takes 5 minutes and there’s no hard pull on your credit.
Don’t Disqualify Yourself Before You Ask
Revenue-based financing was built for businesses that banks turn away. If you’ve been told no before — or assumed the answer would be no — it’s worth finding out what’s actually available to you.