Frequently Asked Questions

Your first stop for getting the information you need.


These are some of the most popular questions about Premier Lend Partner products, answered here so you can save time and focus on your business. Don’t see your question here? No problem.
Contact us and we’ll get you the information you need.

General Questions

What type of financing programs do you offer?

We have two types of financing programs: the Revenue Advance and the Small Business Loan.

What are the basic qualifications for all of the "Cases" as well as Revenue Advance or Small Business Loan?

Your business must be up-and-running for at least six months and generate $15,000 a month in gross sales.

What is your maximum amount my business can borrow with a small business loan?

At present, we can loan up to $10 million or higher depending on qualifications.

How much working capital can I get?

In general, a firm can qualify for 75 percent to 125 percent of its monthly gross sales. However, the percentage you receive will be based on your business’s particular revenue and other details.

How long does a typical approval take to get funded?

We usually fund in between 24 to 48 hours.

What's the difference between borrowing with you or getting a bank loan?

We save you time and anxiety. Premier Lend Partner can provide funding needs in 24 to 48 hours after approval, as compared to a conventional bank’s vetting process, which can take as long as three months. We’ve also created a stress-free, low-paperwork process that lets you focus on what’s important — operating your business.

Can I use money to purchase an existing business?

Yes, this can be done throughout our business acquisition program.

Would you still consider my application if I currently have one or more loans?
Absolutely, we love to see business owners with an established positive payment history.
I own more than one business. Can you underwrite all of them?
Yes. We can underwrite and generate separate offers for each entity, provided each meets our financing requirements. We can also cross collateralize multiple businesses together as well as fund separate.
Can you underwrite multiple business bank accounts?
Yes, we can underwrite multiple business bank accounts for multiple locations or multiple businesses.
Are there restrictions on how I can utilize the funds?
No. Our underwriting team will qualify your business based on the health of your business. You can use the money for business expenses as you see fit.
Are you a direct lender?
Yes, Premier Lend Partner is a direct lender of working capital. Our consultants are our employees, and the capital provider (us) is the same name you’ll see on your contract papers.
Your personal credit should only be pulled once when working with a direct lender. If you are not working with a direct lender, they may send your company’s information to several direct funding companies, who all may pull your credit.

Applying For Funds

How do I get started on applying for a Small Business Loan or a Revenue Advance?

You can fill out our one-page e-sign application. Then, you’ll need to provide your business’s last three bank statements. For Working Capital, please download and fill out the application.

Do you require my Social Security Number?

Yes, we require your social security number to run a soft credit check during the application process. This will not show up on your credit report or affect your credit score.

Will my application require a check on my personal credit?
When you apply, we’ll do a soft check, that doesn’t appear on your credit report or affect your credit score. At funding, we’ll do a full credit check.
Will having poor personal credit disqualify me from approval?
Bad credit won’t necessarily disqualify you from obtaining financing with us. We see you as a business owner, not just credit score. That said, we consider the health of your business in our funding decisions.
How long is the payback period on a revenue advance or loan?
Our Revenue Advance product is payable at the pace of your business revenue since it’s essentially a purchase of your future receivables. Our Small Business Loan payback periods range from four to 24 months. Click here to learn more about our specific programs and terms for payback.


Will you file a UCC on my loan?
We reserve the right to file a UCC, but this is based on circumstances during the life of the agreement (i.e., breaching the agreement, stacking loans, or shopping your file to other funders without informing us). We also reserve the right to file if you stop paying back on the loan, if your checking account is frozen or closed, or if you’ve bounced three consecutive payments.
Once I've applied, how can I check on my application status?
Please contact your capital specialist or call Customer Service 929-610-6935.
Do you have a prepayment penalty?
No. What’s more, depending on your pre-approved offer, you may be eligible for prepayment discounts.
What additional closing costs/fees can I expect at the time of funding?
Any and all fees will be disclosed to the business owner as the approval is being presented to you. Throughout our transparent process will never find hidden fees or charges, you will be educated on the specific product you are looking for to allow you to properly utilize.

Managing Your Account Information

I need my account information. How can I get it fast?

You can log into your account to view your…

  • Current balance
  • Payment history
  • Terms, and other account information.

(Note: The email address you provided us is your username.)

How do I find out my account balance?

Your account balance information can be found in your online account. To access your account, click here.

How do I get access to my payment history?

Your business’s payment history is accessible through our portal. click here.

How can I get a copy of my contract?

If you signed your agreement electronically, we sent it to you via email upon closing your loan. If you can’t locate it, please contact your Account Manager or call 929-610-6935 to request a copy.

Can I get an amortization schedule?

No, we don’t but I can send you a summary of your payment account history.

What portion of my debits are going to principal and interest?

Your Revenue Advance deals or Business Loan Deals go towards your lump sum payback. Business Loans: Lump sum = Amount Borrowed + Interest + Fees. Revenue Advance: Lump Sum + Disbursement Amount + Purchased Percentage + Fees.

How can I get a payoff balance?

If you reach out to your Account Manager, they can advise of your payoff balance.

I'm having a technical problem logging into my account. Can you help?
Yes. Please contact customer service at 929-610-6935.
If you've filed a UCC on my company, when will you remove it?
We terminate a UCC when the agreement reaches a zero balance, is satisfied in full, and all pending debits have cleared.
How can I make an additional payment?
Call customer service or your solutions consultant to arrange for one or more additional payments.

Making Changes To Your Account

I would like to pay using another checking account. How can I do that?

Please send an image or picture of a Voided Check or Bank Letter with the new account information to customer service via email at

I'm having difficulty paying my loan. What can I do?

If you’re having a difficult time repaying your loan right now, you can speak to your Solutions Consultant who may be able to work out a temporary solution with you.

Requesting Additional Funds

I'd like additional funding. When could my business be eligible for additional funding?

We have a very simple and fast process to receive additional funds. Our Relationship Management team will service your additional funding needs and they will reach out to you once you are eligible for additional capital. If you would like to contact them prior to this, they can be reached at 929-610-6935, Monday through Friday 9AM — 6PM EST, or email at Please note: We prefer that you are at least 50% paid into your small business loan program or have satisfied 60% of your revenue advance obligations with us before we consider your business for additional financing.

How will you evaluate my request for another round of capital — and can I get a better offer now that I'm a loyal customer?

Our Renewal Underwriting Department can review your business’s most recent months of revenue, emerging trends, and other factors before it offers you another round. This process could, depending on these factors and your payment history, lead to better terms.

What documents will you need for us to receive additional capital?

We require your four most recent business banking statements. Depending on the amount of working capital we are providing to your business, we may also need to see your most recent profit and loss Statement, balance sheet and most recent business tax return.

What's the best way for me to send my bank statements when applying for additional capital?

Simply upload documents to our secure portal or send them to your relationship manager at

Will I need to work with my original Premier Lend Partner consultant?

No. Our dedicated Relationship Management team works directly with you to customize a tailored offer for your business.

Get Financing Today

Get started with your application and join Premier Lending Partner of forward-thinking businesses.