Frequently asked questions

Do I qualify?

Our minimum qualifications are: personal FICO credit score of 480, your business must be over 3 months old and you need to average a
minimum $10,000 in gross monthly revenue over the last 3 months.

How can I use my funds?

There’s no restriction on what you can you use the money for, though we recommend putting the funds towards income multiplying activities.
Our customers usually use the funds for: purchasing inventory, payroll financing, equipment financing, marketing campaign funding, business
expansion capital.

What determines my rate?

Each application is considered based on your bank transactions, cash flow, and partially on your credit. Your actual rate is calculated based on a
proprietary algorithm which takes into consideration several factors.

How do I pay back?

There are multiple options. Depending on your preferences, business type and setup, you can choose between: daily, weekly and monthly ACH
payment options, lock box or credit card split payments.

Do I need any collateral?

In some cases, you do not need to provide any collateral when applying through Consolidated. We simply consider your business' overall
performance and cash flow. Our goal is to make the funding experience as seamless as possible and to build long standing relationships with the
companies we fund.

What is the term I can get the money for?

Depending on your eligibility, you will be able to keep the funds up to 60 months.

How fast can I receive the funds?

Thanks to our quick process, you are able to sign the contract and get funded as soon as the same day you apply. Based on our previous
customers’ experience, the funds will reach your account within 24 hours.