Frequently Asked Questions
Find answers to common questions about our financing programs and application process.
Application Process
How long does the application take?
Our online application takes just 5-10 minutes to complete. You'll receive an initial response within 24-48 hours.
What documents do I need to apply?
Basic requirements include 3-6 months of business bank statements, a government-issued ID, and proof of business ownership. Additional documents may be needed based on funding amount and program type.
Will applying affect my credit score?
Our initial review uses a soft credit pull that does not affect your credit score. A hard pull may be required only after you accept a funding offer.
Eligibility
What credit score do I need?
Credit requirements vary by program. Some options are available with scores as low as 500, while others require 650+. We'll help you find the best fit for your situation.
How long does my business need to be operating?
Most programs require at least 6-12 months in business. Some programs are available for newer businesses with strong revenue.
What industries do you work with?
We work with most industries including retail, restaurants, healthcare, construction, transportation, and professional services. Some high-risk industries may have limited options.
Funding & Repayment
How quickly can I get funded?
Funding speed depends on the program. Working capital and MCA options can fund in 24-72 hours. SBA loans typically take 2-4 weeks due to additional documentation requirements.
How much can I borrow?
Funding amounts range from $10,000 to $5 million depending on your business qualifications and the program type. We'll match you with options that fit your needs.
What are the repayment terms?
Terms vary by program—from daily or weekly payments for working capital to monthly payments over 5-25 years for SBA and real estate loans. We'll explain all terms clearly before you commit.
Are there prepayment penalties?
This varies by lender and program. Many of our funding partners offer no prepayment penalties. We'll make sure you understand all terms upfront.
About Pearl Financing
Is Pearl Financing a direct lender?
Pearl Financing is a funding marketplace that connects your business with our network of lenders and financing partners. This allows us to offer more options and find the best fit for your situation.
Are there any upfront fees?
We do not charge upfront fees to apply or get matched with funding options. Any fees are disclosed clearly in your funding offer before you accept.
How is my information protected?
We use bank-level encryption to protect your data. Your information is only shared with funding partners when you choose to proceed with an application. See our Privacy Policy for details.
Still Have Questions?
Our funding specialists are here to help. Reach out and we'll get back to you within one business day.