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Fundomate Cash Advance

Fundomate Underwriting Guidelines

  • Minimums: 12 months Time in Business; $20k monthly revenue or $240kk annual revenue
  • Maximums: $350k advance / 15 month term

 

Recommended Paper Types

Recommended-Paper-Types
Preferred Industries

  • Restaurants
  • Auto Repair
  • eCommerce
  • Retail
  • Wholesale trade
Restricted Industries*

  • Real Estate Management
  • Consulting/Business Management
  • Insurance Agents
  • Transportation for Hire
  • E-Cig/Vaping/Smoke Shops
  • Guns/Ammunition
  • Franchises
  • Law Firm/ Attorney
  • Trucking/Freight/Logistics**
  • >Construction^
Prohibited Industries*

  • New/Used Auto Dealership
  • Cannabis
  • Adult Entertainment
  • Casino/Gambling
  • Mortgage Brokers/Lenders
  • Finance Companies
  • Non-Profit Organizations
  • Payment Processing
  • Ticket Brokers
  • Timeshare Investment
  • Credit Restoration
  • Government Entities
  • Bail Bonds
  • Pawn Shop
  • Auction Houses

 

*Restricted Industries must be A or B paper to be considered.

**Trucking Companies must have at least 5 years TIB and 5 power
units in their fleet.

^Construction Companies must at least 3 years TIB, provide invoices & an AR aging

Minimums: 12 months Time in Business; $20k monthly revenue or $240kk annual revenue

Maximums: $350k advance / 15 month term

Guidelines, minimums, and industry types subject to change at the sole discretion of Fundomate, without notice.