For many small businesses, access to capital can mean the difference between seizing a growth opportunity and missing out. Whether it’s covering payroll, purchasing inventory, or handling unexpected expenses, having fast funding available keeps operations running smoothly. But what does it actually take to qualify? The good news is that direct funding sources like Family Funding Group make it simpler than traditional banks, with a clear set of requirements designed for real-world small business owners.
Why Fast Working Capital Matters
Traditional business loans can take weeks — or even months — to secure. Banks often require lengthy applications, high credit scores, and collateral that many small businesses simply don’t have. In contrast, revenue-based financing and working capital advances focus on cash flow today, not perfect credit history. By streamlining the process, direct lenders can deliver approvals in hours and funding in as little as 24–48 hours. For a business owner, that speed can cover payroll, restock shelves, pay contractors, or launch a marketing campaign without delay.
Basic Requirements Most Funders Look For
While each direct lender may have its own guidelines, the following criteria are common across the industry:
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Time in Business: Most funders prefer at least 6 months of operating history. This shows stability and a track record of revenue. Startups may still qualify in some cases, but established businesses have a stronger chance.
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Monthly Revenue: A minimum of $15,000 in monthly deposits is often required. Consistent revenue demonstrates the ability to handle regular remittance payments.
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Number of Deposits: Lenders like to see at least 5 deposits per month into the business account. This shows active business activity rather than a single lump sum each month.
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Business Bank Account: An active, dedicated business checking account is essential. This allows for clear tracking of revenue and simplifies the remittance process.
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Documentation: Typically, funders request the last 3–6 months of business bank statements, a driver’s license, and a voided business check. The paperwork is simple compared to the stacks of forms required by banks.
Credit and Collateral
Unlike traditional loans, revenue-based financing doesn’t rely heavily on personal credit scores. While funders will often review credit history, the emphasis is on business cash flow. This makes funding accessible to owners who may not qualify for bank loans due to past credit challenges. In addition, most working capital programs do not require traditional collateral like real estate or heavy equipment. The focus is on the health of the business, not the value of its assets.
Tips to Improve Your Chances of Approval
Even with simplified requirements, there are steps businesses can take to strengthen their applications:
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Maintain Consistent Deposits – Funders like to see steady revenue. Avoid large gaps between deposits whenever possible.
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Keep Accounts in Good Standing – Overdrafts and excessive negative balances raise red flags. A clean bank history builds confidence.
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Prepare Documentation in Advance – Having recent bank statements and documents ready speeds up the approval process.
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Be Transparent About Your Needs – Clearly stating how the funds will be used (inventory, payroll, expansion) helps underwriters structure the right program.
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Work With a Direct Lender – Submitting directly to a funding source, rather than through multiple broker layers, eliminates delays and provides clearer communication.
What Businesses Can Use Funding For
Once approved, businesses can use working capital in virtually any way that supports growth or stability. Common uses include managing payroll during slow periods, purchasing equipment or inventory, covering marketing and advertising campaigns, paying vendors, or expanding to a new location. The flexibility of revenue-based financing means business owners can decide where the funds will have the biggest impact.
Why Choose Family Funding Group
At Family Funding Group, we specialize in helping small businesses access fast, flexible capital. As a direct lender, we review applications in-house and make same-day decisions. That means approvals in as little as 4 hours and funding in 24–48 hours for qualified files. Our programs range from $15,000 to $1,000,000+, giving businesses the resources they need to grow. We keep documentation simple, terms transparent, and communication clear, so owners can focus on running their business instead of chasing paperwork.
Qualifying for fast working capital doesn’t have to be complicated. With steady revenue, a few months of bank history, and a dedicated business account, most small businesses can access the funds they need quickly. By working with a direct lender like Family Funding Group, owners gain speed, flexibility, and confidence that their financing partner understands real-world business needs.
Ready to see if your business qualifies?
