Why Your Credit Score Matters
Your FICO® Score plays a critical role in the lending process. Many lenders review both personal and business credit when evaluating an application. A stronger credit profile can help increase your chances of approval while also unlocking better funding options.
Lenders typically review your credit to determine:
- Loan approval eligibility
- Interest rates and repayment terms
- Maximum funding amounts
- Overall risk profile of the borrower
Understanding where you stand before applying allows you to approach funding opportunities with greater confidence and preparation.
Knowing your FICO® score before submitting a loan application helps you set realistic expectations and pursue the funding programs that best fit your profile. When you understand your credit standing, you’re better equipped to navigate the lending process and access the capital your business needs to grow.
Check your credit score today and take the first step toward smarter business financing.
FAQs
Your Queries Answered: Navigating Financial Success with Confluence
I have bad credit and even a previous bankruptcy. Can you get me funding?
This is one of our most frequently asked questions and the answer is YES! If you have poor personal credit, or even have filed previously for bankruptcy, we can still provide you with working capital. The qualifications are 1) you have been in business for at least 3 months and 2) your business generates sales in excess of $4,000 per month. In over 90% of cases, if you meet these two requirements, we can provide you with funding!
What can I use the funding for?
It is your money for your business, so you can use it however you see fit. Many of our clients use funding to cover payroll, renovate, manage inventory, expand, purchase equipment, and a variety of miscellaneous business expenses. You are the expert in maintaining and growing your company, and we are the experts in getting you the money you need to do so. It’s a win-win situation
What is the minimum requirements for funding?
Minimum of three months in business.
Minimum of $5,000 in monthly revenues.
Your business is based in the United States.
How do I get started with Confluence?
Visit our website and sign up for a free consultation to learn how we can serve you.
Are you the one funding me?
No, we are the middle man in between you and success!
What is your application process?
The application process is straightforward and should take approximately five minutes. You can submit an application through our website to guide you through the process. Once we receive your full application and supporting documents, you will receive an offer within 24 hours.