FAQ – Xpress Funding

Why should I opt for Xpress Funding?

The problem with banks is that they take too long to respond. State and national banks have Standard Operating Procedures (SOPs) to follow which means that you could be waiting for weeks and months for the funds to arrive.

On the other hand, Xpress Funding is a trusted resource for businesses to gain access to advances. From the moment we’re brought on board, we carefully analyze the financial status of clients and present them with flexible terms that make it easier for them to repay the sum over a mutually agreed period of time.

And while banks have a 3% national approval and funding rate, with the processing time exceeding 120 days, Xpress Funding has a 95% approval and funding ratio, and can have your business funded in 3-5 days!

Does my business qualify for a short-term advance?

At this point in time, the Xpress Funding team is catering to small and medium-sized companies following the B2B (business to business) or the B2C (business to consumer) business models. To learn more about the eligibility of your business for a short-term advance, get in touch with us.

Will a poor personal credit score prevent me from receiving an advance?

Your personal credit score is of little consequence in our advance approval process. Unlike our rivals, we pay no attention to your previous financial dealings or your credit card score.

Qualification for the business advance is based solely on how the merchant handles their checking account for their business.

Am I eligible for a business advance after filing for bankruptcy in the past?

Past bankruptcies have little to no impact on your eligibility for a business advance. For further information about the performance metrics that matter more than your personal financial history, contact us today!

What is the application process?

The application process is relatively straight-forward. Once we receive your application for a business Advance, we analyze different factors like your business checking account, the nature of the industry you operate in, and the profitability of your business, etc.

Once the decision is made to grant you the sum, we transfer the funds. The entire application procedure takes around 3 days – making us the number one source to get funding for your business!

What steps do you take to guarantee the safety of my information?

The Xpress Funding team goes out of its way to guarantee the privacy of its clients. We achieve this by using military-grade encryption to protect your sensitive information from cyber attacks.

How do I make payments?

We offer numerous payment options to our clients. Based on your financial model and the nature of the industry you operate in, you can either make a lump-sum payment at the end of the Advance period or make small monthly payments so that the Advance doesn’t financial strain your business. We want our clients to be comfortable with the funding process and are willing to go the extra mile to help you out!

Who should I contact if I have any further questions?

The purpose of this section was to answer some of the most common questions we get asked in the initial meeting. However, that doesn’t mean that these are the only questions we entertain. You may have more questions about important factors like the application procedure and the pricing.

So, if you’re confused about anything and want to learn more about our dealings, feel free to contact us today by giving us a call at 888-992-2744! We look forward to hearing from you soon!