HELP CENTER & FAQs

MPF offers a variety of financing options tailored to meet the unique needs of small businesses across industries:

• Business Term Loans: Ideal for major investments like purchasing equipment, expanding operations, or hiring staff. These loans come with fixed repayment schedules to help you manage predictable monthly payments.

• Business Lines of Credit: A flexible solution for managing cash flow, handling seasonal expenses, or addressing unexpected needs. With a revolving credit structure, funds become available again as you repay.

• Merchant Cash Advances: Perfect for businesses that experience fluctuating sales. Repayment is based on a percentage of your daily or monthly credit card sales, ensuring manageable payments even during slow periods.

• Equipment Financing: Designed to help you purchase or lease essential equipment. This type of financing allows you to spread out the cost while retaining the liquidity to manage other business operations.

• Invoice Factoring: Convert your unpaid invoices into immediate cash. MPF purchases your receivables at a discount, providing you with working capital while we collect from your customers

• Invoice Factoring: Convert your unpaid invoices into immediate cash. MPF purchases your receivables at a discount, providing you with working capital while we collect from your customers.

Our funding options at MPF provide flexibility to match your business's unique requirements:

• Term Loans: Borrow between $5,000 and $500,000 with repayment terms ranging from 12 to 36 months. Fixed payments allow you to budget effectively.

• Lines of Credit: Access up to $100,000 in revolving credit, which can be drawn and repaid as needed over a period of 12 to 24 months.

• Merchant Cash Advances: Funding ranges from $5,000 to $1,000,000, with flexible repayment terms tied to your sales volume.

• Equipment Financing: Borrow up to $1 million per piece of equipment, with terms extending up to 10 years depending on the asset.

MPF provides both secured and unsecured financing options:

• Term Loans: These loans are secured by a general lien on your business assets and backed by a personal guarantee. No specific collateral or personal assets are required.

• Lines of Credit: Most lines are unsecured, offering flexibility without the need for collateral. However, for larger amounts, a secured line may provide better rates.

• Merchant Cash Advances and Invoice Factoring: These options use your sales or invoices as collateral, making them accessible to businesses with limited tangible assets.

Qualifying for MPF financing programs is straightforward, with requirements designed to be accessible for small business owners:

• Time in Business: Minimum of 6 to 12 months, depending on the product.

• Annual Revenue: At least $100,000 to $180,000, depending on the type of financing.

• Credit Score: Personal FICO scores starting at 550 for certain products.

• Banking: Active business checking account with consistent deposits.

MPF has streamlined the application process to make securing financing quick and hassle-free:

• Initial Application: Submit your business details online or over the phone in under 10 minutes.

• Documentation: Provide basic documents such as recent bank statements, business tax ID, and a voided check.

• Approval: Receive a decision within minutes. For most products, funding is available within 24 to 72 hours.

MPF works with a wide range of industries, including but not limited to:

• Retail

• Restaurants

• Healthcare Practices

• Construction

• Auto Repair Shops

• Professional Services

• Manufacturing

• E-commerce

If your industry isn't listed, contact MPF to discuss how we can tailor a solution to meet your needs.

Our rates and fees are competitive and transparent:

• Term Loans: Rates start as low as 1% per month. An origination fee of 0% to 4% may apply, depending on loan size and term.

• Lines of Credit: Interest rates vary based on your creditworthiness and business health but remain highly competitive compared to traditional banks.

• Merchant Cash Advances: Factor rates typically range from 1.09 to 1.5, depending on sales volume and repayment terms. MPF prides itself on providing clarity and ensuring there are no hidden fees or surprises.

No, applying for financing with MPF does not obligate you to accept an offer. Once approved, your loan offer is valid for up to 30 days, allowing you to review the terms and make an informed decision at your own pace.

Speed is one of MPF's strengths. Depending on the type of financing:

• Term Loans: Funds are typically available within 1 to 3 business days after approval.

• Lines of Credit: Draw funds immediately upon approval, with replenished availability as you repay.

• Merchant Cash Advances: Access funds in as little as 24 hours.

Our financing products can be used for a variety of business needs, including:

• Expanding operations

• Purchasing inventory

• Covering payroll

• Managing cash flow during slow periods

• Marketing and advertising

• Renovations and equipment purchases

Payments are structured to align with your cash flow:

• Term Loans: Fixed monthly payments with predictable costs.

• Lines of Credit: Pay interest only on what you borrow, with flexible repayment terms.

• Merchant Cash Advances: Payments are automatically deducted as a percentage of your daily or monthly sales.

Our dedicated team at MPF is here to assist you every step of the way:

• Email: cs@merchantprofunding.com

• Business Hours:

Monday - Friday, 9:00 AM - 6:00 PM EST