Business funding,
simply approved.
From $5,000 to $25,000,000. Decisions in hours, funding in as little as 24. Helping businesses across the U.S. and Canada secure the capital they need to grow.
- Quick pre-qualification
- No application fees
- Flexible credit options
- Same-day decisions
Applying is free and creates no obligation. All offers subject to lender underwriting.
Loan Products
10 ways to fund your business
Merchant Cash Advance
Fast capital based on future receivables
- Amount
- $5,000 – $2,000,000
- Speed
- Funding as fast as 24 hours (subject to approval)
Business Term Loan
Fixed-rate financing for major investments
- Amount
- $25,000 – $5,000,000
- Speed
- Funded in 2–7 days
Business Line of Credit
Revolving capital you can draw on demand
- Amount
- $10,000 – $1,000,000
- Speed
- Approved in 1–3 days
Equipment Financing
Up to 100% financing for the gear you need
- Amount
- $10,000 – $5,000,000
- Speed
- Funded in 3–7 days
SBA Loans
Government-backed loans with competitive rates and long terms (US only)
- Amount
- $50,000 – $10,000,000 (7(a) + 504 combined)
- Speed
- Funded in 30–60 days
Invoice Factoring
Turn unpaid invoices into immediate cash
- Amount
- $10,000 – $10,000,000
- Speed
- Funded same day
How it works
From application to funded — in 24 hours
- 01
Apply in 5 minutes
1-page online application. No upfront fees.
- 02
Send statements
3 months business bank statements (4 in NY/CA, 6 in Canada).
- 03
Same-day decision for clean files
A participating funding provider reviews your file and issues a written offer.
- 04
Funded in as little as 24 hours
Funds wired to your business account on signing.
Industries
Funding for every kind of business
Locations
Local business funding across the USA & Canada
Top U.S. states
Top U.S. metro counties
Canada — by province
Approval requirements
Who qualifies?
Real, transparent requirements. No fine-print games.
- $35,000+ in monthly business deposits
- Minimum 6 months in business
- Minimum 500 personal credit score (FICO)
- Business checking account at a bank or credit union
- USA: 3 months bank statements (4 months in NY & CA), EIN + SSN
- Canada: 6 months bank statements, CRA Business Number + SIN (or other ID required by the funding provider)
Disqualifications
We're upfront about what won't approve.
- • Monthly revenue under $35,000
- • Less than 6 months in business
- • Personal credit score below 500
- • Open or recent bankruptcies
- • Previous defaults — over 2 years ago requires a paid-in-full or zero-balance letter
- • Personal bank statements / sole proprietorship
- • Cash App, Square, Stripe, Shopify, or PayPal statements (must be a business account at a bank or credit union)
30-second pre-check
See if you qualify before you apply.
Enter your credit score, time in business, and monthly revenue. We'll instantly tell you whether you meet our published USA or Canada minimums — no credit pull, no signup.
Free pre-check
Eligibility checker
No credit pull. No data stored. Instant answer.
Business funding in as little as 24 hours
Ready to see what you qualify for?
Free to apply. No upfront fees. Available to qualified applicants with a complete file; timing varies by funding provider.
Compare options
MCA vs term loan vs line of credit
Three of the most common ways small businesses fund growth. Here's how they actually stack up so you can pick the right one before you apply.
| Feature | Merchant Cash Advance | Term Loan | Line of Credit |
|---|---|---|---|
| Funding amount | $5K – $2M | $25K – $5M | $10K – $1M |
| Time to funding | As little as 24 hours | 2 – 7 business days | 1 – 5 business days |
| Repayment | Daily or weekly auto-debit | Fixed weekly payment | Revolving — pay as you draw |
| Typical cost (industry data) | Factor rate 1.10 – 1.49 | APR 9% – 36% | APR 8% – 30% |
| Min. credit score | 500 FICO | 600 FICO | 600 FICO |
| Time in business | 6+ months | 12+ months | 12+ months |
| Best for | Fast cash, lower credit, uneven revenue | Predictable weekly payment, larger projects | Flexible working capital you draw as needed |
Ranges shown reflect publicly reported industry data from third-party sources (Fundera, NerdWallet, Bankrate, OnDeck and similar publications) and are provided for educational comparison only. They are not offers from Simply Approved Business Loans and do not represent the rates, fees, or terms any specific lender will quote you. Actual offers depend entirely on lender underwriting of your revenue, credit, time in business, and product. See our disclosures for details.
Illustrative scenario
How a fast working-capital file typically comes together
Educational example only — not an actual customer, not a guarantee of approval, amount, speed, or outcome.
A seasonal contractor preparing for peak demand
Consider a multi-year contractor that needs to pre-stock inventory and staff up before a busy season, but sees a seasonal dip in a recent month's deposits. A traditional bank may decline on that single-month dip. Through Simply Approved Business Loans they submit a one-page application plus three months of business bank statements, and a participating funding provider reviews the full file — not just one month — and, if it meets that provider's criteria, may issue a written offer for a revenue-based advance.
Amounts, factor rates, term length, remittance schedule, and time-to-fund are determined by the participating funding provider based on revenue, credit, time in business, industry, and product. There is no guarantee any application will be approved or funded within any particular timeframe.
Questions, answered
Frequently asked questions
What's the minimum revenue to qualify?
How long do I need to be in business?
What credit score do I need?
Do you fund sole proprietorships?
Can I use Cash App, Square, Stripe, or Shopify statements?
Do open bankruptcies disqualify me?
How fast can I get funded?
Does applying hurt my credit?
Get funded in as little as 24 hours
$5,000 to $25,000,000. Free pre-qualification. No upfront fees. Same-day decisions for clean files.