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How it works
From application to funded, step by step.
A Moneyfall advance gives you a lump sum today in exchange for a share of the receivables your business collects going forward. Here is every step, what you need, and what happens after you are funded.
The structure
A purchase of future receivables, not a loan.
Instead of lending you money, Moneyfall buys a fixed dollar amount of your future receivables at a discount and is paid as your business collects.
| Term | What it means |
|---|---|
| Purchase price | The lump sum Moneyfall pays you up front, less any fees disclosed in your agreement. |
| Purchased amount | The total dollar amount of future receivables Moneyfall buys. It is fixed when you sign and does not grow over time. |
| Specified percentage | The share of your receivables remitted to Moneyfall until the purchased amount is delivered. |
| Remittance | A fixed daily or weekly ACH debit that estimates the specified percentage of your receivables. |
| Reconciliation | Your right to have the remittance adjusted to match the receivables you actually collected, under the terms of your agreement. |
New to these terms? The glossary defines everything you'll see in an offer.
The process
Five steps, usually inside one business day.
Speed comes from making the decision in-house. Nothing gets passed between a broker, an underwriter and a committee.
- 1
Apply
Complete a short application and send your last four months of business bank statements, online or through your ISO.
- 2
Underwriting
We review deposits, average daily balances, existing obligations and time in business. Decisions typically come back in under two hours.
- 3
Offer and disclosures
You receive the purchase price, purchased amount, specified percentage, remittance schedule and all fees, plus any state-required commercial financing disclosure.
- 4
Sign and verify
Sign electronically. We confirm your identity and bank account and may hold a brief call to walk through the agreement with you.
- 5
Funding
Funds are sent to your business bank account. Remittances begin on the schedule in your agreement.
Documents
What you will need.
Having these ready gets you a decision fastest. Your underwriter will tell you if anything else is needed.
- Signed application
business and owner details - Last 4 months of bank statements
plus month-to-date activity - Owner photo ID
for each owner of 20% or more - Voided business check
for the remittance account - Existing advance balances
if you have other advances or loans - Over $500,000 requested
recent tax return and year-to-date financials
After funding
What happens next.
Your relationship with Moneyfall doesn't end at funding. Here's what to expect while your advance is open.
Remittances
Fixed daily or weekly ACH debits on business days. They never increase because you remit faster.
Balance anytime
Check your balance in the Client Center with your deal ID.
Reconciliation
If sales drop, send your statements and we adjust the remittance under your agreement.
Renewal
Once 50% is remitted and the account is in good standing, you can apply for more.
Typical timeline
How long each step takes.
| Step | Typical time |
|---|---|
| Application | 10 minutes |
| Decision | Under 2 hours from a complete file, during business hours |
| Contracts | Same day as approval |
| Verification | Usually same day once signed |
| Funding | As soon as the same business day |
Timing depends on receiving complete documents and on your bank. Larger files may take longer.