Understanding the Fundo Application

At Fundo, we understand that your business needs your attention, not our forms. So we tried to make things super simple for our merchants when applying for a cash advance. Our application is a 3-step form that will ask you for basic info about your business or work as a self-employed individual/contractor. 

The application takes about 10 minutes to complete and we do not check your credit in the process of underwriting. 

We will collect the following information:

• How much revenue you earn on a monthly basis (for information on what Revenue is, see this article)
• If you operate as a legal entity. Legal entities include structures such as LLCs, sole proprietorships, C and S-corps, etc. (for more information on legal entities, see this article)
• How long you have been in business (If you are having issues filling out the business start date field, see this article.

Finally, you will connect securely to your bank account for verification. We use your banking transaction information to verify your business income and the length of time you have been operating as a business, contractor or self employed individual. For more information on what information we collect from your bank and how we collect, see this article. 

Once you've completed the form and connected to your bank, if everything checks out, one of our underwriters will give you a call after reviewing everything to finalize the deal, and you get your funds the next day!