Direct and marketplace advances
- Direct eligibility
- The current about page lists at least one year in business, $50,000 average monthly revenue and generally 500 or higher credit score for in-house funding.
- Direct terms
- Current live terms list $10,000–$5 million, typically up to ten months and sometimes fifteen; factors are 1.25–1.49 for prime and 1.309–1.499 for higher-risk files, with fees of 5–10%.
- Channel
- Own-funded advances and partner-funded marketplace options are distinct; eligibility and pricing depend on the selected channel.
- Documentation and use
- The short application requests three to four months of bank statements. Operating uses include payroll, inventory, marketing and expansion.
Provider sources: Transparent terms · About Smart Business Funding
