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What are the minimum requirements to qualify for funding?

The minimum requirements depend on the type of funding you’re applying for.

Written by WeLendIt Support
Updated over 2 weeks ago

At We Lend It, we don’t use a one-size-fits-all checklist—instead, we match you with the best funding pathway based on your current profile.


💡 The Short Answer

Different funding options have different requirements, primarily based on:

  • Your credit score (FICO)

  • Time in business (if applicable)

  • Revenue or income

  • Overall financial profile

👉 The stronger these are, the more options—and better terms—you’ll qualify for.


📊 Minimum Requirements by Funding Type

0% APR Funding (Credit Card Stacking)

  • 680+ FICO score

  • No time in business required

  • No formal income documentation required (stated income)

📌 Must have:

  • 2–3 existing credit accounts

  • Accounts at least 1 year old

  • Limits typically above $2,000–$3,000


Merchant Cash Advance (MCA)

  • 580+ FICO score

  • 3–6 months in business

  • $10,000+ monthly revenue

📌 Requires:

  • 3 months of bank statements

  • Basic business documentation


Business Term Loans

  • 680+ FICO score

  • 2+ years in business (must be profitable)

  • ~$150K+ annual revenue ($50K+ profit)

📌 Requires:

  • Full business financials and documentation


Business Line of Credit

  • 650–700+ FICO score

  • 2–3 years in business

  • $25,000+ monthly revenue

📌 Requires:

  • Bank statements

  • Proof of ownership

  • Business documentation


SBA Loans

  • 700+ FICO score

  • Up to 2+ years in business (or strong startup profile)

  • Revenue varies

📌 Requires:

  • Extensive financial documentation

  • Longer approval timelines


Personal Term Loans

  • 650+ FICO score

  • No business required

  • ~$40,000+ personal income

📌 Must maintain:

  • Debt-to-income ratio under ~50%


🧭 Why Requirements Vary

As shown in the Capital Ladder framework, each funding type has different levels of:

  • Risk

  • Documentation

  • Qualification difficulty

👉 Generally:

  • Lower requirements = faster access but higher cost

  • Higher requirements = better terms but stricter approval


🤝 What This Means for You

You don’t need to figure this out on your own.

When you apply:

  • We assess your full profile

  • Show you what you qualify for

  • Build a strategy based on your goals

👉 If you don’t qualify for one option, we guide you to the next best path forward


🎯 Final Thoughts

There isn’t just one way to qualify for funding.

The key is understanding:

👉 Where you are today—and what pathway makes the most sense right now


We’ll show you exactly what you qualify for—and the smartest way to move forward.

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