Frequently asked questions

Exploring your options starts with a soft inquiry, which does not affect your credit score. A hard credit inquiry may be used later, and only if you choose to move forward with a specific offer.

Schwab Funding is a funding marketplace and referral service, not a bank or direct lender. We help you compare options and connect with third-party funding providers, who make the actual credit decisions and set the terms.

Timelines vary by product, provider, and your business profile. Some approved businesses receive funds quickly after final approval and acceptance, but speed is never guaranteed and depends on the funding provider.

Amounts depend on the funding provider’s underwriting and factors like revenue, time in business, and program type. We don’t quote guaranteed amounts up front — the call is where we map what’s realistic for you.

For later steps, funding providers commonly request a government-issued ID, recent business bank statements, and basic business details. Additional documentation may be requested during review.

Common starting points are roughly six or more months in business, around $150k+ in annual revenue, a U.S. business bank account, and a typical personal FICO of 500+. Meeting these does not guarantee approval — final criteria are set by the funding provider.

Prepayment terms depend on the specific product and offer. Any applicable fees or early-payoff details are disclosed by the funding provider before you sign.

Booking a call and reviewing your options carries no obligation. Any costs associated with a funding product are part of that product’s terms and are disclosed before you agree to anything.