Frequently Asked Questions
Straight answers. No fine print surprises.
Everything business owners ask us before applying. If your question is not here, reach out and you will get a direct answer.
Common questions
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Talk to a real person. We’re happy to walk you through your options.
Does applying affect my credit score?
No. MissionFund uses soft credit inquiries only, and we never perform a hard credit pull. A soft inquiry is invisible to other lenders and has zero effect on your credit score.
How much does it cost to apply?
Nothing. Applying is 100% free with no obligation. We are compensated by our lending partners when your deal funds, so our incentive is simple: get you approved with terms that work.
How fast can I get funded?
Many requests move quickly, in as little as hours, and some can come back the same day. We’ll give you a realistic timeline up front. Larger or more complex deals, including SBA loans, take longer.
I just started my business. Can I still qualify?
Yes. Equipment financing is available from day one in every industry we serve, and your prior industry experience counts in your favor. Working capital programs generally require at least 1 year in business. If you are a startup, tell us, and we will route you to the programs built for exactly that.
What documents do I need?
For most deals under $150K, the application alone is often enough to get approved. Bank statements, tax returns, and financials come into play to strengthen a deal or for larger amounts. And to finalize funding, it can be as little as a copy of your driver’s license and the equipment invoice.
What can I use the funds for?
Equipment purchases (new or used), working capital for payroll, inventory, or growth, revolving lines of credit, and SBA loans for larger projects including real estate. If you are not sure which product fits, apply and we will match you to the right structure.
Are you the lender?
No. We’re a commercial finance broker, not a lender. Instead of one bank’s yes or no, we compare options from 60+ lending sources and walk you through the offers so you can choose.
What credit score do I need?
There’s no single cutoff, because different lenders serve different credit profiles. Apply, and we’ll tell you where you stand.
Are there industries you cannot serve?
We don’t serve cannabis businesses, over the road trucking owner operators, or car dealerships. Nearly every other industry is welcome.
What happens after I submit my application?
Submitting your application authorizes us to submit it to lenders within our network on your behalf. We’ll review the offers with you, and once you choose one, we’ll help you finish the paperwork and get funded.
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