Everything you need to know about getting funded with Green River Lenders.
Most clients receive funds within 24-48 hours after approval. Applications submitted before noon EST often receive same-day funding. The exact timing depends on when you submit your application, how quickly you provide required documents, and your bank's processing time.
You need: (1) At least 3 months in business, (2) Minimum $10,000 monthly revenue, and (3) An active business checking account. That's it! No perfect credit required, no collateral needed.
No! We perform a soft credit inquiry that does not impact your personal credit score. We focus on your business performance and bank account activity, not your personal credit history.
You'll need: 3-6 months of business bank statements, a valid government-issued ID, and a voided business check or bank letter. That's all! No tax returns, no extensive financial statements.
We approve over 90% of applications! If your business generates consistent revenue and has been operating for at least 3 months, you have an excellent chance of approval.
We offer funding from $5,000 to $500,000. The amount you qualify for depends on your monthly revenue, time in business, and overall business health. Most clients receive between $25,000 and $150,000.
A factor rate is how we price merchant cash advances and short-term loans. Instead of an interest rate, you pay a fixed fee. For example, if you receive $50,000 with a 1.15 factor rate, you'll repay $57,500 total ($50,000 x 1.15). This means your total cost is $7,500, spread over your repayment term.
Absolutely not! We believe in complete transparency. The factor rate we quote includes ALL costs. There are no origination fees, no application fees, no prepayment penalties, and no hidden charges. What you see is what you pay.
Yes! For short-term loans, you can pay off early with no prepayment penalty and save on the remaining fees. However, merchant cash advances have a fixed total cost regardless of when you pay off. Your funding specialist will explain which option best fits your situation.
Repayment is automatic and designed to match your cash flow. For merchant cash advances, we deduct a small percentage of your daily credit card sales. For short-term loans and lines of credit, we make automatic daily or weekly withdrawals from your business checking account. You never have to remember to make a payment!
With merchant cash advances, payments automatically adjust based on your daily sales. If you have a slow day, you pay less. If you have a busy day, you pay more. This flexibility is one of the key advantages - payments scale with your revenue.
Yes! Once you've repaid a portion of your advance (typically 50%), you may qualify for additional funding. Many of our clients use renewal funding to support ongoing growth. Contact your account manager to discuss options.
We work with almost every type of business: retail stores, restaurants, service providers, contractors, medical practices, auto repair shops, beauty salons, e-commerce businesses, and more. As long as you have consistent revenue and meet our basic requirements, we can likely help.
Anything! Common uses include: inventory purchases, equipment upgrades, marketing campaigns, hiring staff, covering payroll, expanding locations, managing seasonal cash flow, emergency repairs, and taking advantage of growth opportunities. The funds are yours to use as you see fit.
We require at least 3 months of operating history and $10,000 in monthly revenue. If your startup meets these requirements, we'd love to help! Many traditional lenders won't fund young businesses, but we understand that new companies need capital to grow.
Our funding specialists are here to help. Apply now to speak with our team.
