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Why do we ask if your business has accepted credit cards for at least 3 months?

We ask about your credit card payment history to help lenders assess your business’s reliability and connect you with the right funding.

WeLendIt Support avatar
Written by WeLendIt Support
Updated over 6 months ago

We ask if your business has accepted credit cards for at least 3 months because:

  • Many Merchant Cash Advance (MCA) funders base their approvals on your business’s credit card sales history.

  • This helps lenders understand your sales volume and consistency.

  • Knowing your card processing history helps us match you with funding programs you’re most likely to qualify for.

  • It can also speed up your funding approval, saving you time and hassle.

By sharing this information, you’re helping us find the best possible funding options for your business.

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