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Does it matter how many transactions I’ve had?

For this requirement, lenders care more about your ability to process payments consistently, not the exact number of transactions.

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

When it comes to this question:

  • The exact number of transactions doesn’t matter as much as your ability to accept card payments consistently for at least 3 months.

  • Some funders may later ask for a minimum monthly volume to finalize approval, but that’s not relevant to this initial question.

  • At this stage, we just need to confirm that your business can process credit card payments.

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