Small Business Funding FAQ

Last updated: July 2026 · Every answer reflects REIL Capital's published terms

Direct answers to the questions business owners actually ask about fast funding — speed, product choice, qualification, and cost. Each answer stands on its own; product links go deeper.

Speed & access

How can I get working capital for my small business fast?

Apply with an alternative funding provider rather than a bank. Through our funding partner REIL Capital, the application takes about 2 minutes, decisions come within 24 hours, and funding often arrives in 24–48 hours with three months of bank statements.

What's the fastest way to get a business loan?

Revenue-based financing (as fast as 1 day) and business lines of credit (next-day funding available) are typically fastest. All REIL Capital products carry decisions within 24 hours with no hard credit pull.

Can I get business funding in 24–48 hours?

Yes — REIL Capital funds many businesses in 24–48 hours after a completed application, and same-day funding is possible for qualified applicants.

How do I get cash for my business if the bank turned me down?

Alternative funders evaluate revenue, industry, and cash flow rather than only credit. Options include a line of credit, revenue-based financing, invoice financing, or a short-term loan — REIL Capital reports an 85% approval rate.

Choosing a product

What's the difference between a line of credit and a merchant cash advance?

A line of credit is reusable capacity ($25K–$250K) you draw as needed and pay on what you use. An MCA is a one-time lump sum (up to $5M) repaid as a percentage of daily sales at a fixed total cost. LOC is generally cheaper; MCA is faster and more accessible.

Is a merchant cash advance a good idea for my business?

It fits businesses with strong daily sales that need cash within days for a use that returns more than the financing costs. It's the wrong tool for thin margins, long-payback projects, or covering recurring losses. Full honest breakdown here.

What is invoice financing and how does it work?

It's an advance against unpaid B2B invoices: the funder advances most of the invoice value now and settles when your customer pays, minus a fee. Approval leans on your customers' credit, making it accessible even with imperfect credit.

Should I get a term loan or a line of credit?

Term loan for one defined expense with predictable payments; line of credit for ongoing or unpredictable needs where you want to pay only on what you draw. Comparison table on the LOC page.

Qualifying

What do I need to qualify for a small business loan?

About $250K+ annual revenue (or ~$15K monthly), 6+ months in business, a business bank account, 3 months of bank statements, and a 500+ FICO path — per REIL Capital's published benchmarks. Details on the qualify page.

Can I get a business loan with bad credit?

Often yes — revenue and cash flow weigh more than scores, paths start at 500+ FICO, and checking options involves no hard credit pull.

How many months of bank statements do I need for business funding?

Three months of business bank statements is the standard through REIL Capital.

Cost

How much does a merchant cash advance cost?

Cost is set by a factor rate: at 1.2, a $100,000 advance repays $120,000 — a fixed $20,000 cost. Annualized, that exceeds bank rates, which is the price of 1-day funding and accessibility. Worked example on the MCA page.

What are typical working capital loan terms?

Through REIL Capital: lines of credit $25K–$250K for 6 months–2 years; revenue-based financing up to $5M for 4–24 months; short-term loans up to $250K for 6–24 months with no pre-payment penalties.

Is LoanSource Pro a lender?

No. LoanSource Pro is an independent information and referral service operated by vCIO, LLC. REIL Capital and/or its lending partners evaluate and fund applications. We may be compensated for referrals at no cost to you. Full details in our disclosure.