FAQ
Straight answers for business owners.
Understand the process, what to expect, and which questions to ask before choosing a funding option.
Is QFBC a lender?
No. QFBC helps businesses explore potential funding through a network of independent providers.
How quickly could funding happen?
Same-day approval and funding may be available for qualified applicants with complete files, but timing is not guaranteed. Provider review, documentation, closing steps, and banking cutoffs can affect timing.
Does applying guarantee approval?
No. Approval, amount, pricing, and terms depend on the provider and the applicant’s qualifications.
What do I need for phase one?
Basic owner and business details, revenue and sales information, existing business obligations, requested amount, intended use, and an executive summary. This milestone does not collect documents or bank information.
What is a merchant cash advance?
It is generally a purchase of future business receivables rather than a traditional loan. Structures and remittance terms vary, so the agreement should be reviewed carefully.
Will checking options affect my credit?
Credit review practices vary by provider. Before any credit inquiry, request disclosure of whether it is a soft or hard inquiry and whose credit will be reviewed.
What does QFBC cost?
Compensation and transaction costs depend on the provider, product, and applicable disclosures. QFBC may receive provider compensation for a completed transaction; review final agreements for all costs.
Am I obligated to accept an offer?
No. You can review available terms and decide whether they fit your business.
What information should I never send through this phase-one form?
Do not submit bank statements, IDs, SSNs, dates of birth, personal tax IDs, account credentials, or banking details.
Let’s talk business
Find a path forward for your business.
Share your goals. We’ll help you understand potential options through our funding network.