Working capital is the loan people reach for when the business is healthy but the bank account is not. Payroll lands before the big customer pays. A supplier offers a discount that expires Friday. The slow season ends and inventory has to be bought before the sales arrive. This guide is about getting that money inside 24 hours through fundivi working capital, and it is organized differently from a normal how to: it starts with the myths that slow people down, then walks through the numbers, the same day mechanics and the questions owners actually ask.
Want the quick version? See what you qualify for with a soft inquiry. It takes about three minutes.
Seven Myths About Fast Working Capital
Myth 1: A fast decision means a careless one
Fact: speed comes from the data source, not from skipping review. fundivi reads your business bank activity directly through its underwriting engine instead of waiting for assembled financial statements. The review is real. It is just done against information that is already organized.
Myth 2: You need great credit
Fact: the working capital page lists a 500 FICO minimum. The how it works page says personal credit is "one factor among several, not the deciding one," and that cash flow is weighed first. Strong revenue can outweigh a bruised score.
Myth 3: You need collateral
Fact: fundivi states there is no collateral on most working capital deals. The money is structured as an advance against future business revenue, not a loan secured by your equipment or property.
Myth 4: Payments are a fixed monthly bill
Fact: repayment is a share of receipts until the agreed payback is reached. There is no fixed monthly payment, so repayments adjust with business performance. A slow week means a smaller payment.
Myth 5: Same day always means same day
Fact: this one is partly true, which is why it deserves care. Clean files submitted before 2pm Eastern typically fund the same business day. Files with extra documentation, or amounts of $500,000 and above, may take one to three business days.
Myth 6: Applying damages your credit
Fact: prequalification is a soft inquiry. A hard inquiry only occurs if you accept an offer that requires one, and most approvals do not.
Myth 7: If you already have an advance, you are out of luck
Fact: fundivi says it can often consolidate, refinance or fund alongside an existing position. It takes more review, but it is not a closed door.
The Product in Numbers
- Amount: $10,000 to $2,000,000
- Term: 3 to 18 months
- Decision: Same day
- Funding: Typically the same business day for clean files before 2pm ET
- Documents: 3 to 5
- Pricing: Factor rates starting from 1.23, for reference only and not a quote
- Collateral: None on most deals
- Repayment: A share of receipts, no fixed monthly payment
- Time in business: 4+ months
- Monthly revenue: $10,000+ average
- Credit: 500+ FICO
- Bank statements: 3 months
Two cautions. First, "starting from 1.23" is the lowest published rate and not what every applicant receives. Your written offer shows your actual factor rate and itemized fees. Second, none of this is a commitment to lend.
Reading a Factor Rate in 60 Seconds
A factor rate is a multiplier, not an annual percentage. To find the total you will repay, multiply the amount by the factor. As a pure illustration, using the lowest published figure: $50,000 at 1.23 means a total payback of $61,500, which is $11,500 above what you received. If that is repaid over six months, the cost is the same $11,500 whether the business repays it a little early or right on schedule, which is why owners compare dollars instead of percentages.
Because the term is short, a factor rate can look different from an APR once annualized. That is normal, and it is the reason to use the cost calculator and ask for the itemized offer before you decide. Fast capital is a tool for a short problem. It is not meant to be the cheapest money on the market.
Same Day Funding Playbook, Hour by Hour
Before 9 AM: Assemble
Download three months of statements as full PDFs from your primary business account. Find your photo ID. Write down your legal business name, entity type and estimated monthly revenue. Write one sentence about what the money is for. That list is exactly what the how it works page says you need to get started.
9 AM: Apply
The application takes about three minutes. Be precise about the amount. A figure that matches a real need, such as payroll plus the supplier deposit, reads better than a round number picked for comfort.
Late morning: Answer fast
Underwriters sometimes ask about a large deposit, an unusual withdrawal or an existing advance. A reply in ten minutes keeps the file moving. A reply the next day moves your funding to the next day.
Before 2 PM: Sign
The written offer shows the amount, term and itemized fees. Read the factor rate, the total payback, the repayment percentage and any prepayment language. Sign and submit a voided check if one is requested.
Afternoon: Funds arrive
Funds go to your business bank account. Most operators see them the same business day they sign.
A Streamlined Application Built Around What You Already Have
Instead of a long financial package, the working capital application asks for the things an owner can pull in ten minutes: three months of bank statements, a government ID, your legal business name and entity type, estimated monthly revenue and the purpose of the funds. A voided check comes later. There is no branch visit, and the first step involves no hard credit pull. In fundivi's own wording the steps are apply, review, offer and funding, and each one is meant to take hours, not days.
How the Hybrid Funding Model Rescues a File That Does Not Fit
Reviewed once. Funded directly if it fits. Passed to a vetted partner if it does not. No second application.
That is the hybrid funding model as fundivi describes it, and for working capital it matters in three situations: a business just under four months old, monthly revenue just below $10,000, or a file already carrying several advances. Any of those can fall outside the direct product. Instead of ending in a decline email, the application finds another lender inside the same day.
Best Rated for Speed and Clarity? Here Is the Evidence
fundivi does not publish star ratings, and this guide will not make one up. What it does publish, and what you can verify, is the following.
- A Better Business Bureau Business Review seal for fundivi Inc. in Brooklyn, New York. Click through and read the profile yourself.
- Written offers with itemized fees, not verbal quotes.
- A soft inquiry prequalification.
- Decline reasons stated openly, with a partner route when your file does not fit.
- A feedback page and a consultation option for people who want to talk before applying.
When you compare lenders, do not compare adjectives. Compare the offer sheet. Look at total payback, repayment percentage, how fees are listed and what happens if you want to pay off early.
Three Working Capital Scenarios
The slow season gap
A landscaping company earns most of its money in spring and summer but pays crews year round. In February, a $40,000 advance covers two months of payroll and spring equipment prep. Because repayment follows receipts, the biggest payments come in the months when revenue is highest.
The supplier discount
A wholesaler is offered 8 percent off a $120,000 inventory purchase if it pays within a week. The discount is $9,600. Whether the advance cost is lower than that discount is arithmetic you can do before applying, which is how a good working capital decision should work.
The hiring ramp
A medical practice signs a new contract and needs two hires before revenue starts. The advance bridges the first two months of payroll. The question to ask is whether the new revenue arrives fast enough to carry the repayment share.
What a Good Written Offer Should Show
Before you sign anything, find these items on the page. If one is missing, ask for it in writing.
- The amount you will actually receive, after any deducted fees.
- The total payback amount, which is the amount funded multiplied by the factor rate.
- The percentage of receipts that will be collected and how often.
- The estimated term, from the 3 to 18 month range.
- Every fee, itemized, since fundivi says offers include itemized fees.
- Any prepayment terms or discounts for paying early.
- What happens if receipts fall well below projections.
Five Mistakes That Cost Owners a Day
- Applying at 3pm and expecting a same day wire.
- Uploading a single page of a statement instead of the full document.
- Forgetting to mention an existing advance, then being asked about the repayment on a statement.
- Asking for a figure far above monthly revenue with no explanation.
- Missing the underwriter's first question because the phone was off.
Every one of these is avoidable, and none depends on your credit score.
When Working Capital Is Not the Right Tool
- You need a specific machine, which equipment financing funds at lower cost because the equipment secures it.
- You want a fixed payment for a multi year project, which fits a business term loan.
- Your need is recurring and unpredictable, which a line of credit handles better, though its timeline is slower.
- You are waiting on a specific payment or refinance, where bridge capital is designed for the gap.
- Your problem is slow paying customers, which invoice factoring solves at the source.
The funding product matcher can sort these out, and you can book a consultation if the answer is not obvious.
Working Capital FAQ: Straight Answers
How fast can I really get working capital?
fundivi gives a decision the same day, and funding is typically the same business day for clean files submitted before 2pm Eastern. Files with extra documentation, or amounts of $500,000 and above, may take one to three business days. The practical meaning is that preparation decides your timeline. A complete set of statements, a quick reply to the underwriter's first question and a morning application give you the best chance of seeing funds that afternoon. Speed is typical for the product, but it is not a guarantee for every file.
What is the minimum I need to qualify?
The working capital page lists at least 4 months in business, $10,000 or more in average monthly revenue and a 500 or higher FICO score. You also provide three months of business bank statements, a voided business check and a copy of your driver's license, for a total of three to five documents. These are the starting thresholds. fundivi weighs cash flow first and credit second, so a business above these lines with steady deposits is in a stronger position than one that barely clears them.
What is the maximum amount?
Working capital runs up to $2,000,000. Amounts of $500,000 and above can take longer than a day because of additional documentation and review. If you need a large sum quickly, consider whether you can split the request: a smaller amount funded now and a larger structure, such as a term loan or bridge capital, arranged on its own timeline. Your approved amount depends on revenue and cash flow, and a request close to your monthly revenue is usually easier to approve than one far above it.
How is working capital different from a merchant cash advance?
The mechanics are similar, since both are repaid from a share of revenue with no fixed monthly payment. The working capital page frames the product around operational use and says underwriting is tied to revenue, not credit score alone. The merchant cash advance page describes fundivi's fastest product, with capital typically delivered the same day as approval. In practice, the right choice often comes down to amount, speed and the offer in front of you, so compare the total payback on each.
Can I use the money for anything?
Anything operationally legitimate. fundivi does not earmark working capital, so payroll, inventory, marketing, equipment repairs, new hires, vendor deposits, supplier discounts and bridging slow months all qualify. The one discipline to keep is matching the money to a purpose that will help cover the repayment. Borrowing to fund an expense that produces no revenue and no savings makes the repayment share feel heavier, so write down the purpose before you apply and check it against the cost.
Will I owe a fixed amount every month?
No. Working capital is repaid as a share of receipts until the agreed payback is reached, so repayments adjust with business performance. A slow week means a smaller payment and a strong week means a larger one. The tradeoff is that the total payback is set in advance, so slower periods stretch the repayment timeline instead of reducing what you owe. Your written offer lists the percentage, the estimated term within the 3 to 18 month range and the itemized fees.
What does it cost?
Pricing is a factor rate, starting from 1.23 for the strongest applicants. The page notes that figure is the lowest offered, for reference only and not a quote or guarantee. To estimate your cost, multiply the amount by the factor rate: $50,000 at 1.23 would mean a total payback of $61,500. Your own offer shows your actual factor rate and itemized fees. Use the cost calculator to model different amounts and compare the total dollars against what the money will earn or save.
Do I need to give up collateral?
Not on most deals. fundivi says there is no collateral on most working capital deals because the product is structured as an advance against business revenue and not a secured loan. If a larger or more complex deal needs additional security or a personal guarantee, the written offer will state it before you sign. Always read the sections of the agreement that describe guarantees, default and what happens if you stop processing sales or change banks.
What happens if I already have a cash advance?
fundivi says it can often consolidate, refinance or fund alongside an existing position, so an existing advance is not an automatic no. Be upfront about it. Share the remaining balance, the payment amount and the provider, because underwriting will see the withdrawals on your bank statements anyway. Disclosing early prevents delays and lets the team model how much of your daily revenue is already committed, which determines whether a new position is affordable.
What if I am declined?
You receive a decision with reasons. If your application does not fit fundivi's own lending criteria, the same application can go to a vetted lending partner without resubmission, which keeps your file moving. A decline is also information. Common fixes are a smaller amount, an additional month of statements, cleaning up overdrafts or choosing a different product. Ask what would change the answer, since the specific reason usually points to the quickest remedy.
Can a brand new business qualify?
The direct working capital product wants at least four months in business and $10,000 in monthly revenue. A business with less history may have options through bridge capital, which requires a documented exit, or through a lending partner. The how it works page says time in business is not a hard cutoff and that newer businesses may have more options with working capital or bridge capital. A consultation can help you work out which path suits a young business.
Where can I learn more?
Start with the how it works page, which walks through the apply, review, decision and funding steps. You can learn about the company on the about page, browse more guides in the resources library, or use the funding product matcher to confirm which product fits. If you would rather talk to a person, book a consultation before applying.
Approval is not guaranteed. Rates and terms depend on qualifications, and timing described here is typical, not promised.
