Funding Readiness Assessment
Take a quick assessment to evaluate your business readiness for loan approval based on common lender criteria like revenue, time in business, and credit profile.
Answer 8 quick questions about your business to see how ready you are for financing approval. Get a readiness score, category breakdown, and matched loan recommendations.
No personal information required. Your answers are not stored or shared.
What is your personal credit score?
Most lenders pull your personal credit even for business loans.
What Lenders Look For When You Apply
Every lender evaluates borrowers differently, but most weigh the same core factors: credit score, time in business, revenue, profitability, existing debt, collateral, and documentation. A strong profile in all categories means more options, better rates, and faster approval. Weakness in one area does not disqualify you, but it narrows the field. This assessment scores you across these factors so you know where you stand before submitting an application.
Credit Score: The First Filter
Most traditional lenders require a personal credit score of 680+ for business loan approval. Online lenders are more flexible, often accepting 600 or even 580. Below 580, options are limited to MCAs, invoice factoring, or secured products. Improving your score before applying can save thousands in interest. Pay down credit card balances, dispute errors on your report, and avoid opening new accounts right before applying. Check our DSCR calculator to see if your cash flow supports the loan payment regardless of credit.
Revenue and Time in Business
Lenders want to see that your business generates enough revenue to cover the loan payment and still operate. Most require at least $100,000 in annual revenue and 2 years in business. Startups under 1 year face the biggest challenge, but equipment financing and SBA microloans are available for newer businesses with strong plans. Use our loan affordability calculator to determine how much you can borrow based on your revenue.
Getting Application-Ready
Before applying, gather 3 months of bank statements, 2 years of tax returns (personal and business), a current profit and loss statement, and a balance sheet. Know exactly how much you need and what you will use it for. Vague answers slow down approvals. If your score shows gaps, address them before applying. Even a few months of improvement can make the difference between approval and denial. When you are ready, talk to a funding specialist who can match you with lenders that fit your profile, with no impact to your credit score.
How It Works
Answer 8 Questions
Quick questions about your credit, revenue, time in business, debt, collateral, documentation, and funding purpose.
Get Your Readiness Score
See an overall score out of 100 plus a breakdown across four categories showing your strengths and gaps.
See Your Best Options
Get matched loan recommendations based on your profile, with tips to improve your approval odds.
What You Get
Readiness Score (0-100)
A single number showing how prepared you are for financing approval, based on common lender criteria.
Category Breakdown
Scores for credit and history, revenue and profitability, debt and collateral, and documentation.
Loan Type Recommendations
See which financing products match your profile: SBA loans, term loans, lines of credit, and more.
Match Likelihood
Each recommendation shows whether it is a likely match, possible, or unlikely given your answers.
Improvement Tips
Specific actions to boost your score and qualify for better rates and terms.
No Personal Info Required
Your answers are not saved or shared. Retake the assessment as your situation changes.
Funding Readiness Assessment — Frequently Asked Questions
Ready for a personalized quote?
Our calculators give you estimates. Our funding specialists give you real offers tailored to your business.
Get Your OptionsRelated Tools
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