Frequently Asked Questions
Get answers to the most frequently asked questions about our small business funding options and ISO program below. If you still have questions, contact us for more information. We’re dedicated to providing exceptional customer service, and will respond to all voicemails and emails within an hour (during regular business hours).
We fund businesses in the United States, including the U.S. territories of American Samoa, Guam, Northern Mariana Islands, the U.S Virgin Islands.
Yes! We fund businesses, in every province.
We provide working capital loans from as low as $3,000 up to $500,000.
Of course! At MAIN STREET FINANCE GROUP, we know your business’s credit score doesn’t always tell the whole story. That’s why our approvals are based on more than just your credit score. We look at the overall health and potential of your business, including:
We do not fund startups. To qualify for funding from MAIN STREET FINANCE GROUP, your business must be in operation for at least 5 months.
No. We trust that small business owners know best how to use their funding, so we don’t restrict how you use your funds.
Start by learning more about our ISO program. If you’re interested in becoming an ISO partner, call us at 1-855-442-3423, or fill out an application online.
Yes, we fund businesses in MAIN STREET FINANCE GROUP, as well as American Samoa, Guam, Northern Mariana Islands, and the U.S Virgin Islands.
Our application process is built around an in-house communication center that gives our Funding Advisors and underwriters instant access to the information they need to approve your working capital loan. Your funding can be approved in as little as 2-5 business hours, with working capital available in as little as one business day.
Approval for a working capital loan from MAIN STREET FINANCE GROUP is based on more than just your business’s credit score. We take into account multiple factors, including:
We fund businesses in most industries, including high risk industries. This includes attorneys, dental practices, medical practices, restaurants & cafes, construction companies, industries we serve, manufacturers, and more.
The information we need depends on the cash advance or loan amount you are applying for. We may need:
- Credit card statements for the previous 3 months.
- Bank statements for the last previous 3 months
- A completed application
- Emailed or faxed photocopy of your driver’s license
For faster approvals, you can also provide our Funding Advisors with secure access to your account’s transactional data.
Yes, we do offer funding that operates very similar to a business lines of credit, called a merchant cash advance. With a merchant cash advance, businesses can draw less than the full amount approved, then request more as needed so long as the health of the business remains unchanged or improves.
Yes. Once you have repaid 50% of your original cash advance, you are eligible to apply for another cash advance called a renewal. In most cases, MAIN STREET FINANCE GROUP will also increase the amount of the advance you are eligible to receive.