Frequently Asked Questions

How does business funding with Elite Funders work?

With no fixed payments, it’s pay as you go! We collect a predetermined percentage
of your sales, so as your sales fluctuate, your payments adjust accordingly. Reconcile
payments based on sales daily, weekly, or monthly for ultimate flexibility.

Is business funding secure?

Rest assured, your information is secure with us. Learn more in our Privacy Policy.

What documents are required for funding?

All you need are a few documents showcasing your business performance and the last 4 months of business bank statements. Ready to get started? Apply here.

How does credit impact my application?

At Elite Funders, we don’t let credit dictate your entire story. We take a
holistic approach to understand your credit history and your business’s overall
performance.

How soon will I have access to funds?

Access funds within 24 hours, sometimes even sooner, once you’ve completed the
funding process.

How are repayments made?

Repayments are made via ACH from your Business Bank Account or through Credit
Cards, delivering the specified percentage of receivables on a daily basis.

What can the funds be used for?

Use the funds for various business purposes, putting you in control of your
business’s growth and success – whether it’s payroll, remodeling, inventory, capital
expansion, marketing, or equipment.

Why choose Elite Funders over traditional banks?

We offer a quick and flexible product without interest or late fees. While not the
cheapest option, our process is simple – we provide cash today, and you repay as
you generate revenue.