Merchant cash advance guidelines
The full snapshot of what we're funding right now. If your business shows a 550+ FICO and at least $10K in monthly revenue across 4–6 months of statements, we can almost certainly put an offer in front of you.
| Guideline | Current program |
|---|---|
| Funding amount | $10,000 – $2,000,000 (unsecured) |
| Minimum FICO | 550 personal credit score |
| Bank statements | 4 – 6 months of business bank statements |
| Minimum revenue | $10,000+ in average monthly business revenue |
| Business type | U.S. LLC, corp, or sole prop with EIN |
| Positions funded | 1st, 2nd, 3rd, 4th, 5th, and 6th position |
| Payment frequency | Daily or weekly ACH remittance |
| NSFs allowed | Up to 5 across the last 3 months |
| Term length | Typically 3 – 18 months (revenue-dependent) |
| Collateral | None — unsecured working capital |
| Funding speed | Same-day for complete files by 3:00 PM |
Final pricing, term, and position depend on your bank profile, existing balances, and industry. Pricing and holdback are quoted in writing before you sign.
Required documents
Send these together to be eligible for the 3:00 PM same-day funding window.
- Signed 1-page application
- 4 – 6 months of business bank statements (PDF, all pages)
- Voided business check (for funding wire/ACH)
- Copy of driver's license
- Proof of ownership (LLC formation, articles, or EIN letter)
Ready to submit?
Get matched with an offer today
- Term sheets in hours, not days
- Multiple positions considered on one file
- Renewals and consolidations welcome
Your application is transmitted over an encrypted (HTTPS/TLS) connection to our secure intake provider (Jotform) and shared only with underwriting staff and funding partners required to evaluate your request. We do not sell your personal information. See our Privacy Policy and Terms of Use.
Commercial-purpose financing only. All loan, line-of-credit, merchant cash advance, and real-estate products offered through The Local Loan Store, a product of Monumental Funding Solutions LLC, are for bona fide business or commercial purposes and are not consumer loans. Products are not subject to the federal Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), or Equal Credit Opportunity Act (ECOA) consumer protections. Business owners may be required to provide a personal guaranty.
Merchant cash advance / short-term working capital. A merchant cash advance is a purchase of future receivables, not a loan. Amounts, factor rates, holdback percentages, and remittance schedules are determined by underwriting and vary by business. Same-day funding is not guaranteed and depends on complete documentation, bank verification, and cut-off times. Early payoff does not necessarily reduce total repayment.
Contact authorization. By submitting an application you authorize The Local Loan Store, Monumental Funding Solutions LLC, and our funding partners to verify bank statements and business information, and to contact you by phone, SMS, and email (including autodialed or prerecorded messages) at the numbers you provide, regarding your application and related offers. Consent is not a condition of any purchase or financing. Message and data rates may apply; reply STOP to opt out of SMS.
State disclosures. Commercial financing disclosure statements required by state law (including CA SB 1235, NY Commercial Finance Disclosure Law, VA, UT, GA, FL, CT, KS, and MO) will be provided in writing with any specific offer prior to consummation, where applicable. We do not currently accept applications for property or businesses located in California, Oregon, Idaho, Nevada, Utah, Minnesota, South Dakota, Michigan, New Jersey, or Virginia. Programs, availability, and terms are subject to change without notice and may not be available in every state.
© 2026 Monumental Funding Solutions LLC. The Local Loan Store is a d/b/a of Monumental Funding Solutions LLC. Equal commercial opportunity provider.