Traditional banks can’t fund loans the same day because their application process requires extensive paperwork — balance sheets, profit and loss statements, tax returns, accounts receivable reports, and more. Most businesses don’t have this paperwork readily available, and underwriting takes weeks or months.
As a result, businesses are turning to revenue-based financing companies that fund based on recurring revenue and typically require just a few months of bank statements. This allows them to reliably close on the same day.
In this guide, we explain how businesses can qualify for same-day funding through Redline Capital with only four months of bank statements.
Redline Capital offers same-day business loans for companies in construction, health, retail, and more — and all you need is four months of bank statements. Get in touch with our team for a tailored quote based on your business needs.
Same-Day Financing with Redline Capital: All You Need is Four Months of Bank Statements
Redline Capital has over 15 years of experience helping businesses of all sizes secure same-day financing to cover a variety of needs, including paying for leases, purchasing stock or new equipment, covering payroll gaps, bidding on a new job, and more.
From the moment you apply, our team will guide and support you through the entire process and answer any questions you may have.
We’ve helped companies in many different industries, including:
- Construction and contracting
- Healthcare
- Restaurants
- eCommerce and retail
- Manufacturing
- Professional services (e.g., legal firms, consultants)
We offer multiple financing options tailored to your business type, loan amount, and credit history. Most importantly, we can close in just a matter of hours.
To qualify, companies must:
- Have at least $30k in recurring monthly revenue
- Be in business for at least one year
- Be located in the United States
Our application process for same-day business funding is simple:
- Fill out our short online form.
- Submit four months of business bank statements showing your monthly revenue.
- We run a soft credit check (which won’t impact your credit score).
- Based on this information, we calculate your overall score to determine which products you qualify for.
- Within hours, we’ll present multiple offers detailing the product type, amount, factor rate, and repayment terms. Redline Capital offers some of the most competitive factor rates in the industry — starting at 1.1x, compared to others that typically start at 1.29x.
- Once you accept an offer, funds are wired to your business bank account the same day.
We Use Our Industry Expertise to Shop Around and Find the Best Deals For You
When applying for revenue-based financing, you have two options: work with a broker or apply directly to a lender. While applying directly may seem easier, it comes with key downsides:
- Harder to find the best terms: Every revenue-based financing company sets rates differently based on factors like your business type, revenue, intended use of funds, and other specific criteria. Most business owners lack the industry expertise to know which companies offer the lowest rates for their specific needs.
- Time-consuming: Researching, vetting, and applying to multiple revenue-based financing providers can take more time than most business owners can spare.
- Lower approval rates: Many revenue-based financing companies give less consideration to applications from individual businesses. Brokers, on the other hand, have established relationships that can boost your chances of approval.
This is where Redline Capital helps. As a broker with strong ties to premium business lenders, you only need to submit one application, and we use our expertise to shop around and find lenders offering you the best APR.
Plus, since we bring a significant volume of deals to our lending partners, they often prioritize our applications — some even have underwriters dedicated to our applications. That means businesses applying through Redline Capital typically close faster than if they applied directly to a lender.
We Offer Different Types of Same-Day Financing Products
Not only do we connect you with multiple lenders, but we also offer a range of financing options:
- Merchant cash advance: Short-term financing (under 9 months) that delivers quick access to funds — usually within 24 hours — to cover urgent expenses or cash flow gaps. Monthly payments are based on a percentage of your future revenue.
- Same-day line of credit: Flexible funding option similar to a credit card. Borrow as much or as little as you need, paying interest only on what you use. As the line of credit is repaid, it becomes available to borrow again.
- Same-day term loan: An upfront lump sum repaid over a set period. Similar to a bank term loan, but funds are available within 24–48 hours. Used for loan terms longer than 9 months.
What Clients Say About Our Closing Times and Funding Options
Here are a few Trustpilot reviews from our clients:
Check out our case studies page to learn more about our clients’ experiences:
10 Alternatives for Same-Day Funding Business Loans
We’re confident we can offer the best deals for your business, but if you want to explore other same-day lenders, here are some alternatives:
1. Fora Financial
Fora Financial is a direct lender offering small business loans, revenue advances, term loans, and lines of credit. Loan amounts go up to $1.5 million, with credit lines ranging from $5,000 to $100,000.
To qualify, businesses need a minimum credit score of 570, at least $240,000 in annual revenue, and six months in operation.
Fora Financial specializes in short-term loans of up to 18 months, with funds typically delivered within 24 to 72 hours of approval.
2. Bluevine
Bluevine is a direct lender offering business lines of credit up to $250,000, repayable within 6 to 12 months. They also broker term loans and small business loans up to $500,000 through a network of lending partners.
To qualify for a credit line, you need at least 12 months in business, a credit score of 625, and monthly revenue over $10,000. Bluevine’s online application delivers a decision in minutes, with funds available within hours — though transfers can take up to three business days. Eligibility for term loans or small business loans varies by lender.
Bluevine supports most businesses but excludes car dealers, firearms, gambling, and political campaigns.
3. Headway Capital
Headway Capital is a direct lender offering business lines of credit, cash advances, term loans, and small business loans up to $100,000. They provide small business financing options to a wide variety of businesses, including construction, real estate, accommodation, health and legal services.
To qualify for a loan, Headway requires a minimum of 12 months in business and $50,000 in annual revenue. The application and approval process is straightforward, with credit line eligibility determined in minutes. Once approved, funds are typically available by the next business day.
4. iBusiness Funding
iBusiness Funding — formerly Funding Circle — is a broker offering small business loans, term loans, and government-backed USDA loans. Maximum loan amounts vary by product.
To qualify, businesses need a credit score of 640 or higher, 24 months in business, and at least $50,000 in annual revenue. These loans aren’t available to nonprofits, weapons manufacturers, or gambling businesses.
The application process can be more cumbersome than with other online lenders listed here, requiring basic company information, two years of tax returns, and six months of business bank statements. iBusiness Funding also requires a lien on business assets, which may include equipment, vehicles, or inventory.
5. Fundbox
Fundbox is a broker offering business loans and lines of credit to entrepreneurs who need quick funding.
To qualify, businesses need a credit score of 600 or higher, at least three months in business, and a minimum annual revenue of $30,000. Repayment is weekly, with loans due in 12 or 24 weeks. The application process is entirely online, and funds can be available as soon as the next business day.
Fundbox integrates its financial products with popular business platforms, including accounting software like QuickBooks, FreshBooks, and Xero.
6. OnDeck
OnDeck is a direct lender offering short-term loans and lines of credit, with funding available as quickly as the same day.
To qualify, businesses need a minimum credit score of 625, at least 12 months in business, and a minimum annual revenue of $100,000. Businesses can get short-term loans up to $250,000 and lines of credit up to $100,000, with a repayment schedule of 18 or 24 months.
The online application takes just a few minutes and requires only 3 months of bank statements.
OnDeck works with various businesses, including restaurants, auto repair shops, healthcare professionals, contractors, and other service providers.
7. National Funding
National Funding is an online direct lender offering loans up to $500,000, including short-term business loans, working capital loans, invoice factoring, and equipment financing and leasing. They also provide loans tailored for small businesses owned by minorities, veterans, and women.
They serve multiple industries, including agriculture, landscaping, real estate, and restaurants.
The application process is simple and offers fast funding. To qualify, businesses need a credit score of at least 670, six months in business, and $250,000 in annual revenue.
8. Clarify Capital
Clarify Capital is a broker offering loans up to $5 million from a range of lenders. Their financing options include term loans, business credit cards, SBA loans, cash advances, and equipment financing.
To qualify, businesses need a credit score of 500 or higher, at least six months in business, and $120,000 in annual revenue — making Clarify Capital a solid choice for businesses with bad credit.
The application process is typically fast, with funds available within 24–48 hours. They serve a variety of industries, including automotive, construction, manufacturing, retail, and technology.
9. Lendio
Lendio operates as a broker connecting small business owners to a network of over 75 lenders, offering financing options like business acquisition loans, startup loans, and equipment financing solutions. They serve industries including construction, healthcare, and retail.
Eligibility requirements include a U.S.-based business operating for at least six months, a minimum credit score of 600, and monthly revenue of $8,000 or more.
Loan amounts can reach up to $2 million, disbursed directly into your business checking account, with typical repayment terms of 6–12 months.
10. Credibly
Credibly partners with multiple business lenders, offering different types of business loans, including working capital, business lines of credit, cash advances, equipment loans, and long-term loans.
To qualify, businesses must be operating for over three months, have a credit score above 500, and at least $15,000 in monthly revenue. Loan amounts range from $5,000 to $600,000, with funds typically available within 24 hours.
Credibly funds a variety of small businesses, including grocery stores, hotels, auto repair shops, beauty salons, nail salons, and more.
Secure Same-Day Business Loans with Redline Capital
Reach out to our team and we’ll send multiple offers that can close within 24–48 hours.