No, one of the many advantages of our programs over a traditional lender is that we do not require a business plan in order to extend a merchant cash advance.
We will look at your total sales for the last 4 months and make a determination that is generally between 50% and 150% of your average monthly sales.
We look more at your revenue forecast than your credit score. We can work with most businesses as long as you have a credit score of 550+.
We do not determine the use of the funds your business receives. Our funding policies do not include a section for money usage purposes.