Four statements.
One underwriter.
Numbers in writing.
Anyone quoting you a rate before seeing statements is guessing. So the process starts with the statements, and everything you are told after that is written down.
From statements
to funded.
- 01Five minutesSend four statements
Your last four complete months of business bank statements, plus the current month to date. PDFs from your bank portal are fine. Soft credit pull only.
- 02Same business day, usuallyOne underwriter reads the file
A named underwriter at Apex reads real revenue, the trend across every month, daily load and deposit rhythm. Nobody else sees it. Nobody else calls.
- 03In your inboxReal numbers in writing
Funded amount, the exact payment, total payback and an early-payoff schedule that shows the cost dropping if you finish ahead of term. No obligation, no cost to look.
- 04Days, not weeksSign and fund
If the numbers make sense for what you told us the capital is for, sign electronically. Once verification is complete your underwriter schedules the wire and confirms the date in writing. If the numbers do not make sense, we tell you that too.
Five things.
Sometimes six.
PDFs straight from your bank portal are fine. Do not move money between accounts to make deposits look bigger; underwriters see it in the detail, every time.
- Last four complete months of business bank statements
- The current month to date
- A voided business check
- A copy of your driver's license
- The completed application
- Most recent business tax return, on larger files
- AR and AP aging and work-in-progress schedule, in construction and manufacturing
- Signed contracts or purchase orders, if you want the file sized to the job
- Supervising physician credentials, for med spas
Six things your underwriter
reads first.
This is how a file is actually read, so you know what is looked at before you send it. A rep who can walk you through your own statements is worth more than a rate sheet.
Transfers between your own accounts and the proceeds of other advances are not revenue. We size everything off what the business actually earns.
Rising and falling change the read entirely. One strong month against three weak ones is a warning, not a result.
These set the risk tier. A one-off from an equipment purchase is fine when it is explained. A pattern is what we talk about first.
Regular debits to other funders get added up, including any you forgot to mention. Daily load, total daily debits over daily revenue, is the single most important number in the file.
Five or more steady deposits a month is a strong file and fits a daily remit. Lumpy deposits point to a weekly remit. We structure to the rhythm you have.
Sixty that covers the truck and two payrolls beats "you are approved for sixty" every time. The answer to this question is how the offer gets built.
Every number,
written down.
No obligation, no cost to look. If the numbers make sense for what you told us the capital is for, we fund. If they do not, we tell you that too.
- 01The funded amount
- 02The exact daily or weekly payment
- 03The total payback, as one fixed dollar figure
- 04Any closing costs, disclosed and deducted at funding, never paid up front
- 05An early-payoff schedule showing what drops off if you finish ahead of term
- 06The name and direct line of the underwriter who wrote it
What we are
looking for.
Not a bank. Revenue weighs heavier than credit. If the business is real and money flows through its account, the file is worth reading.
Under the current entity. A year or more opens more funders and better structures. Pre-revenue startups need a different kind of capital than this.
Steady deposits make the strongest file, and roughly forty thousand a month and up fits most funders comfortably. Smaller files are workable; your underwriter will say where.
Cash flow weighs heavier than the score. Several of the funders we place with do not use a FICO floor at all. A discharged bankruptcy is usually workable; an open one is not.
LLC, corporation, partnership, or sole proprietor. Some funders do not work with sole proprietors; we place the file where it fits.
If you already carry positions, what matters is whether the business can carry one more. If it cannot, we say so and talk about consolidation instead.