About Us - Frequently Asked Questions

What is mcbizfunding?

mcbizfunding provides fast and flexible funding solutions for small and medium-sized businesses.

How much can I borrow?

Businesses can loan upto $5,000,000 depending on what underwriting has determined it to be based on average revenue of the company.

What is the approval process like?

Our approval process is streamlined, allowing for quick approvals and minimal paperwork, often within 24 hours.

What can I use the funds for?

You can use the funds for expenses, inventory, or business expansion. No restriction on use of funds.

How quickly can I receive funding?

Funding can be received in as little as 24 hours.

Are there any hidden fees involved?

We pride ourselves on transparency, ensuring there are no hidden fees in our funding solutions.

What is Revenue-Based Financing?

• Traditional Bank Loans and Lines of Credit are harder to access and credit requirements are growing tighter.

• Banks have all but stopped lending to small businesses, and in some cases even with perfect credit and collateral.

• Revenue-Based Financing has proven to be a savior for companies worldwide!

• Revenue-Based Financing allows businesses to fund faster with much less risk and No Collateral.

Revenue-Based Financing is becoming one of the most preferred Alternative Business Financing globally.

Bestline Business Funding is in all 50 states and Canada,

Revenue-Based Financing is already in many countries in Europe, Asia, and Africa.

What are the Key Features of Revenue-Based Financing?

1. NO Interest just a Flat Fee, which means No Compounding Interest, which turns into Compounding Debt.

2. Cost for the Flat Fee is a Business Expense, and therefore is a tax write-off, which lowers the business owners Tax Liability while allowing the business revenue to increase.

3. A good credit score is not required

4. NO Collateral

5. NO impact to the credit score.

This makes it an ideal solution for small businesses with limited or no access to traditional loans.

Top Benefits for Business Owners:

1. Fast approvals – 1 to 2 hours

2. Funds in 1 day

3. NO restriction on the use of funds

4. NO prepayment penalty

5. Large early pay-off discounts

How is your funding different from traditional bank loans or SBA loans?

• SBA – 60-90 days APPROVAL TIME

• COLLATERAL Required

• SBA – FICO 600+ CREDIT SCORE

• FUNDING AMOUNT is Limited by Small Business (SBA) guidelines

• Fixed terms REPAYMENT FLEXIBILITY

Bestline Funding/Revenue-based funding:

• 2 hours APPROVAL TIME

• No COLLATERAL

• FICO 480+ CREDIT SCORE

• Up to $5 million FUNDING AMOUNT

• Daily, weekly, bi-weekly, or monthly REPAYMENT FLEXIBILITY

Who is eligible to apply for funding?

Any small to medium size business can apply for funding. The following criteria need to be met:

• Time in Business – 6 Months Minimum

• Active Business Checking Account – No Personal Accounts

• The Business and the Bank Must be in the U.S.

• $5,000.00 Minimum Deposited Monthly – Must be Revenue, not Funds from a Credit Line, etc.

• Applicant(s) on Application Must Own At least 51% of the Business.

• All industries accepted

What documents are needed to submit for an approval?

• Completed and Signed Application

• The Last 4 Months Bank Statements

How quick is the process after submitting application?

We will get you an approval in 1-2 hours, and we can fund the business in 1 day. Approval rate is 90%

What are the interest rates or fees?

No interest, only a flat fee determined by underwriting

Are there prepayment penalties or flexible repayment options?

There are no prepayment penalties; flexible repayment options are available

Can I speak with a funding specialist before applying?

Yes

How can I check the status of my application?

You can reach out to your advisor/agent of Bestline Funding. 7 days a week live support