Frequently Asked Questions

The Application Process

The application process is fast, simple and secure. Just fill out our easy 5 minute application or call one of our funding experts.
We know it can be intimidating and often times confusing figuring out how to apply for business capital. We strive to take the confusion out of the process. One of our funding experts will walk you through the simple steps required for qualification, explain the options and offers, and facilitate your application through funding.
Our application process is always free to the merchant.
Very little information and paperwork is required. Usually an easy one-page application, a few months of bank statements, and items such as a copy of a driver’s license and a copy of a void check are all that are needed for funding. There may be times when a funder may ask for other items such as taxes or proof of ownership. It’s all contingent upon the funder.
Funding will usually take place within 1-3 business days after being approved.

Basic Requirements

For most of our programs, you only need to be in business for a minimum of 3 months, earn at least $5,000 in gross monthly revenue, and have a minimum credit score of 450. Contact a funding expert to discuss your unique situation and find out what options are available to you.
No. We have funding options in all 50 states.
Personal collateral is not a requirement for the majority of our funding programs.
So long as you are not actively in an open bankruptcy case, a past closed bankruptcy is rarely a problem. We have multiple partners that won’t turn you down for a bankruptcy. Our funders know that a past divorce or a foreclosure during the housing crisis doesn’t have any effect on your ability to run a successful business.
Yes. Most programs have no early repayment penalties of any sort. In fact, some will even offer reduced repayment amounts if the advance is repaid early.
No. While we have credit card focused programs, it is never a requirement to accept credit cards. Changing processors is almost never a requirement.
While personal credit is a part of the typical underwriting process, other factors such as the strength of your business are very important. We have a variety of funders including those that work with those who have personal credit challenges.

Funding Programs

Our programs require at least 3 months of time in business and at least $5,000 in gross revenues per month. If you are a start-up business that meets these prerequisites, contact one of our funding experts to go over the options available.
Our funders have many different programs and term lengths. The majority of these programs are repaid within 6-12 months.
Most funding programs typically range from $5,000 to $500,000. The amount you are approved for will depend on many factors. The funders will look at your business and unique situation. Contact one of our funding experts to see how much funding is available to you.
Most businesses use the working capital to purchase inventory, cover payroll, pay taxes, or expand their business. The truth is, you can use the money for any purposes that will help you grow your business.

Fees

The payment is typically made through a small daily or weekly ACH drawn from your business checking account.
The rates and fees charged by our funding partners will vary based on multiple factors. Things like past earnings, time in business, and your industry will all play a part. Some are based on a flat fee on the money borrowed, some are based on a factor rate. One of our funding experts will walk you through our application process and get you a no-obligation offer(s) within hours.
We receive an origination fee from our lending partners and we charge a professional service fee ONLY once you have been funded.

About One Park Financial

We approach each merchant with a unique and personal touch unlike most other funders or services. The strong relationships we have built over the years with funders across the country ensure you will receive the most qualified offers with the best rates and terms. One Park Financial strives to build a long-lasting relationship with each and every merchant we work with. Let us take the leg work out of the process so you can focus on what you do best.
We take the safety and security of our merchant’s personal information very seriously. That is why we employ the most secure data encryption technology in the industry.

Hassle-free funding starts today!

The bottom line is this: We believe that small and mid-sized businesses are critical to the well-being of their communities and the financial strength of our nation. We look forward to talking to you about your business, and helping you acquire the working capital it needs to succeed.

  • Your privacy is important to us. By clicking “Apply Now”, you expressly consent to receive phone calls and text messages – Msg and data rates may apply – from One Park Financial at the number you provided above. Calls may be generated using an auto-dialer and may contain pre-recorded messages. Consent is not a required condition of purchase. Opt out at any time.