Funding Requirements

Fund & Elevate’s done-for-you business funding flyer advertises a $50,000–$250,000 range. The following are program preparation guidelines, not universal lender rules or guaranteed approval.

Eight qualification guidelines and ways to prepare

1. 700+ personal credit score

   Check credit reports for accuracy; pay on time, reduce revolving balances, and dispute factual errors through the appropriate bureau.

2. No collections

   Verify collections are accurate and discuss legitimate resolution or correction options with the creditor or an advisor.

3. No charge-offs

   Review charged-off accounts and correct inaccurate reporting; discuss valid obligations with the creditor.

4. No late payments

   Use reminders or autopay for payments. No recent late payments is preferred.

5. No bankruptcy

   Disclose any personal or business filing accurately and discuss lender-specific waiting periods with an advisor.

6. Credit utilization under 20%

   Compare revolving balances to credit limits and, where feasible, pay down balances before statement closing.

7. Older late payments: 2–3 years

   The flyer says late payments aged 2–3 years may be considered case by case; gather dates and context for advisor review.

8. $10K+ combined personal card limits

   Personal cards should have been open a few months and have $10,000 or more in combined limits. Verify dates and limits rather than opening cards solely for this checklist.

Missing a guideline does not prevent an application. An advisor reviews the complete business profile and current lender criteria. This page does not provide a lending decision, preapproval, or guarantee of rates, terms, limits, or funding.