Business funding questions, answered honestly

The baseline is simple: at least 3 months in business and $10,000 or more in monthly bank deposits. You do not need perfect credit or collateral. Larger amounts, lines of credit, term loans, and SBA loans have higher thresholds, which we show you up front.

No. We do not run a credit inquiry when you pre-qualify or apply. Your details are used only to verify identity and business ownership. An inquiry happens only if you accept an offer that requires one, and we tell you before that happens.

Revenue-based financing and merchant cash advances often fund the same day or within 24 hours. Lines of credit and short-term loans typically fund in 1–3 business days. Term loans take 2–5 days. SBA loans take 2–12 weeks.

Most businesses qualify for 80–150% of their average monthly revenue on short-term products. Term loans, equipment financing, and SBA loans can go much higher — up to $5,000,000 — based on cash flow, collateral, and credit.

For most funding under $150,000: your last 3 months of business bank statements and a government ID. Larger amounts may require tax returns, a profit and loss statement, or a balance sheet.

HL Hunt Funding is a business financing marketplace and advisory firm. We work with a vetted network of direct funders, banks, and specialty lenders so that one application produces multiple competing offers. We disclose all compensation and never charge you an application fee.

Yes. Revenue-based financing, merchant cash advances, invoice factoring, and equipment financing are all available with credit scores from 500 because they are underwritten on cash flow or collateral rather than FICO.

Nearly all of them: restaurants, construction, trucking, retail, e-commerce, healthcare, manufacturing, professional services, salons, auto, landscaping, real estate, hospitality, fitness, franchises, wholesale, technology, agriculture, and staffing. A few restricted industries (adult, firearms, gambling) are limited.

No. Applying and receiving offers is completely free. Fees, if any, are disclosed clearly on each offer before you sign.

An APR is an annualized interest rate. A factor rate is a simple multiplier applied to the amount advanced (for example, 1.25 means you repay $1.25 for every $1.00 advanced). We show both wherever possible so you can compare total cost across products.

A loan has a fixed interest rate and fixed payment schedule. Revenue-based financing uses a factor rate and a remittance percentage, so your payment amount changes with your sales. There is no APR in the traditional sense — you know your total payback amount up front.

A term loan gives you a lump sum with fixed payments over a set period. A line of credit gives you access to funds you can draw repeatedly, paying interest only on the balance outstanding. Lines are better for ongoing, variable needs; term loans are better for a one-time investment.

Rates depend on your credit, time in business, revenue, and the lender. Well-qualified borrowers see rates starting around 7.5% APR; borrowers with weaker profiles may see 15–30%. Our marketplace lets you compare actual offers.

No. Factoring is the sale of an asset (your receivable), not a loan. There is no debt on your balance sheet and no fixed repayment schedule.

Any legitimate business expense: payroll, rent, inventory, marketing, equipment repairs, taxes, or seizing a growth opportunity. There are no restrictions on use.

An MCA makes sense when you need capital immediately, the funds will generate a fast return, and you cannot qualify for lower-cost options. For longer-term needs, a term loan or line of credit is usually a better choice. We will tell you honestly which one fits.

Finance if you plan to keep the equipment long term and want to own it. Lease if the equipment becomes obsolete quickly (technology, some medical devices) or you want lower monthly payments and the option to upgrade.

SBA Express loans can close in 2–4 weeks. Standard 7(a) and 504 loans typically take 30–90 days from complete application to funding.

Yes. Revenue-based financing and merchant cash advances are available from a 500 FICO when your business shows $10,000+ in consistent monthly deposits. Invoice factoring approvals depend on your customers’ credit, not yours.

Any business loan with a repayment term of 18 months or less. Most are 3–12 months.

Not usually. Unsecured means no specific asset is pledged as collateral. Most unsecured business loans still require a personal guarantee from the owner.

Our programs require at least three months of deposits averaging $10,000 or more. Pre-revenue founders should look at SBA microloans, personal loans, or equity.