Find clear answers to common questions about business funding, investor opportunities, eligibility, and our process.
Business Funding Basics
What is business funding?
Business funding provides companies with access to capital to support operations, manage cash flow, invest in growth, or cover essential expenses. Sigsug Advance offers flexible funding solutions designed around real business needs.
What can I use business funding for?
Funds may be used for a wide range of business purposes, including managing cash flow, expanding operations, purchasing equipment, covering operating expenses, and preparing for seasonal demand.
Do I need perfect credit to qualify?
No. We do not rely solely on traditional credit evaluations. While a 625+ personal FICO® score is a general guideline, applications are reviewed holistically.
How quickly can I receive funding?
Timing varies based on the funding solution and application details, but our process is designed to move efficiently without unnecessary delays.
Eligibility & Requirements
What are the basic eligibility requirements?
Most businesses qualify by meeting the following criteria: at least 1 year in business, an active business checking account, $100,000+ in annual revenue, and a 625+ personal FICO® score.
Can newer businesses apply?
While many funding options require a minimum operating history, some businesses may still qualify depending on revenue, performance, and overall financial profile.
Do you require collateral?
Some funding solutions may be asset-backed, while others do not require collateral. Requirements depend on the specific funding option selected.
Funding Solutions
What types of funding solutions do you offer?
Sigsug Advance provides access to line of credit, accounts receivable financing, working capital loans, asset-based lending, equipment financing, and credit repair assistance.
Can I apply for more than one funding solution?
Yes. Depending on your business profile, you may be eligible for multiple funding options.
Are funding terms flexible?
Funding terms vary by solution and business profile, and we work with you to identify options that align with your goals.
Investor Opportunities
What are investor opportunities?
Investor opportunities allow qualified participants to engage in structured business funding opportunities facilitated through Sigsug Advance.
Who can apply as an investor?
Investor opportunities are available to individuals and entities that align with our onboarding criteria. Our process helps determine fit and alignment.
How are opportunities reviewed?
Each opportunity is evaluated internally to ensure structure, clarity, and alignment with our standards before being presented to investors.
Is there ongoing investor support?
Yes. Investors have access to dedicated representatives who provide guidance and answer questions throughout the process.
Process & Transparency
How does the application process work?
The process typically includes submitting an application or inquiry, reviewing available options, selecting a suitable solution, and moving forward with funding or participation.
Are there hidden fees?
No. All terms and costs are disclosed upfront so you know exactly what to expect.
Will I have a point of contact?
Yes. Businesses and investors work with a dedicated team member for clarity and ongoing support.
General Questions
Is Sigsug Advance a lender?
Sigsug Advance facilitates access to business funding solutions and investor opportunities through structured programs and partnerships.
Is my information secure?
Yes. We take data security seriously and handle all information in accordance with our Privacy and Security policies.
How do I get started?
You can begin by applying for business funding or submitting an investor inquiry through the appropriate form on our website.
Still Have Questions?
If you need additional information or would like to speak with a member of our team, we’re here to help.
