Short answer: For most alternative funders, including Flex Credit Capital, you need basic information about you and your business plus your most recent business bank statements. Collateral and tax returns usually aren’t required to get started.
The checklist
- Business details: legal name, business type (LLC, corporation, etc.), address and how long you’ve been operating
- Owner details: your name and contact information
- Recent bank statements: usually the last few months from your business checking account
- What the money is for: payroll, inventory, equipment, a new job and so on
- How much you need: a rough number is fine
Why bank statements matter so much
Your bank statements show how money actually moves through your business: deposits, regular expenses, balances and how often you dip low. That tells a funder more about your ability to handle a line of credit than almost anything else.
Want to see what your business qualifies for? Answer a few quick questions or call (888) 707-0202.
The basic requirements
At Flex Credit Capital, we generally look for at least 6 months in business, about $15,000 or more in monthly revenue and a U.S.-based business with a business bank account. We don’t require collateral.
Tips to speed things up
- Have your statements downloaded as PDFs before you apply
- Make sure the business name on your statements matches your application
- Answer your phone. Most delays come from missed calls, not paperwork
Ready?
Start with what the money is for. It takes about a minute, and a funding advisor will follow up with real numbers.
