What are the minimum requirements to apply?
Businesses should have at least 1 year in operation and $30,000 in monthly business deposits. Meeting these guidelines does not guarantee approval; each application is subject to underwriting.
For business owners
Diesel Funding Requirements
See whether your business meets Diesel Funding's merchant cash advance guidelines, what to prepare, and what to review before accepting an offer.
Last updated:
Who qualifies?
These guidelines are a starting point for a review, not a promise of funding. We assess the business's deposits, cash flow, bank activity, and existing obligations.
- Time in business
- 1 year
- Monthly business deposits
- $30,000 minimum
- Credit policy
- We do not pull your credit and there is no minimum credit score
- Funding range
- $5,000 – $3,000,000
Positions we fund
2nd position and beyond; 1st position only with prior MCA history.
Tell us about all current MCA obligations so we can evaluate the full payment burden. Existing positions do not automatically mean a business qualifies for additional funding.
Managing multiple advances? Read our merchant guide to reverse consolidation, including the added position, added cost, and trade-offs.
Payment frequency and term range
- Payment frequency
- Daily or weekly
- Term range
- Typically 1–8 months
Review the proposed schedule alongside your existing commitments. The specific terms, payment obligations, and any applicable reconciliation provisions are defined in your agreement.
Documents needed
Application + last 3 months of business bank statements
Submit complete, readable documents through the existing application process. Underwriting may request additional documentation. Timing depends on underwriting, complete documentation, and the terms of your offer.
How MCA pricing works
A merchant cash advance involves the purchase of a portion of your business's future receivables. Your offer identifies the funding provided and the total purchased receivables to be remitted under the agreement.
What is a factor rate?
A factor rate is a multiplier used to determine the purchased receivables amount from the advance amount. It is one part of the offer, rather than a complete picture of your obligations. Review the total remittance, any disclosed charges, the net proceeds, and the payment schedule together.
Why offers vary
Underwriting considers revenue consistency, bank activity, existing positions, cash flow, and the proposed structure. These factors affect whether an offer is available and its terms. Ask our team to explain anything you do not understand before signing.
Merchant requirements FAQs
Will you pull my credit or require a minimum credit score?
We do not pull your credit and there is no minimum credit score. Our review considers business performance, cash flow, bank activity, and existing obligations.
Can I apply if I already have a merchant cash advance?
Our position guidelines are: 2nd position and beyond; 1st position only with prior MCA history. Existing obligations are reviewed during underwriting. Reverse consolidation may also be considered, subject to review of your existing payment obligations.
What documents do I need?
Start with: Application + last 3 months of business bank statements. Additional documentation may be requested during underwriting or before funding.
What funding amounts and payment schedules are available?
Funding range: $5,000 – $3,000,000. Term range: Typically 1–8 months. Payment frequency: Daily or weekly. Your specific amount, schedule, and obligations are set out in your offer and agreement, subject to underwriting.
How soon can I receive funding?
Timing depends on underwriting, complete documentation, and the terms of your offer. Submitting an application does not guarantee approval or a funding date.
Ready for an underwriting review?
Start with your application and supporting documents. Approval and terms depend on underwriting.
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