Small Business Funding: Up to $15,000 on Your Deposits
Giggle Finance funds the businesses that fall between two stools: too established to be treated as a side hustle, too small for a bank to take seriously. One truck. Two chairs. A van and a crew of three. An online store run out of a garage.
Funding is up to $15,000 for new customers and up to $20,000 for returning customers, approved on your deposits rather than your credit score, with a soft credit check only and same-day funding. Below is exactly who that fits, who it does not, and what it costs — stated plainly, so you can rule yourself in or out in about a minute.
| Micro-business funding at a glance | |
|---|---|
| Amount | Up to $15,000 new; up to $20,000 returning in good standing |
| Minimum requirements | 3 months of business income and $1,500+/month in deposits to a US bank account |
| Credit check | Soft pull only — no minimum score, no impact on your credit |
| Speed | Decision in minutes; funds typically same day, including weekends |
| Cost | One flat fee disclosed before you accept; early-repayment discount within 30 days |
| Repayment | Weekly, as a percentage of revenue — it falls when your income does |
| Paperwork | None. You connect your bank instead of uploading statements or tax returns. |
| Business type | Sole proprietors and 1099 earners qualify — no LLC or EIN required |
Check what your deposits qualify you for →
Is this the right size of funding for you?
This is the part most funding pages skip, and it is the part that saves you time. Revenue-based financing at this level solves a specific problem: a working-capital gap. It is not growth capital and it is not acquisition capital.
| What it is good for | What it is not for |
|---|---|
| A repair that stops you working — engine, transmission, tires, equipment | Buying the truck, the van or the premises |
| Materials or inventory ahead of a job or a season | A full fit-out or a build-out |
| Bridging a 30 to 60 day invoice | Long-term expansion over several years |
| Insurance renewals, licence fees, permits | Refinancing existing debt |
| Covering payroll for a small crew through a slow month | Anything needing more than $20,000 |
If the number in your head is above $20,000, this is the wrong product and an SBA microloan or a bank line of credit is a better place to start. If it is between $1,000 and $20,000 and the money keeps you earning, read on.
Who qualifies
- You have been earning from the business for at least 3 months
- You average at least $1,500 a month in deposits, counted across every income source
- You have a US bank account with online access
- The funds are for a business purpose
That is the whole list. No minimum credit score, no W-2, no tax returns, no collateral, no business plan. Sole proprietors qualify without forming an LLC or registering an EIN — though a separate business checking account makes your deposits easier to read and builds a credit history for larger financing later.
Approved on deposits, not credit
Eligibility is checked with a soft pull that does not appear on your report or affect your score. What matters is your deposit history: roughly 90 days of income, how much it averages and how consistent it is. Income from several sources is added together, so a contractor who invoices two builders and picks up weekend delivery work is assessed on the combined total.
On-time repayments are reported to Experian and TransUnion, which builds the profile you will need when you do outgrow this. If credit is your main obstacle, see funding for the self-employed with bad credit.
Funding by trade
The mechanics are the same across every trade; what differs is the cash-flow problem. These guides cover the specifics:
- Owner-operators and drivers — funding for truck drivers, what the numbers look like in owner-operator pay and cost per mile, and the rideshare and delivery guides at Uber and Lyft drivers and delivery drivers.
- Self-employed and freelance — funding for the self-employed covers invoicing, irregular income and proving what you earn without a W-2.
- Online sellers — Shopify sellers and Amazon sellers, where the problem is almost always inventory ahead of revenue.
- Salons and personal care — salon and beauty funding for booth renters and small shops.
- Gig and platform work — how a gig worker cash advance works, if your income comes through apps.
What it costs
Pricing is a flat fee, not an interest rate. You see the advance amount, the total repayment amount and the weekly repayment before you accept anything, and those numbers do not move afterwards. A $5,000 advance with a total repayment of $6,500 costs $1,500, and it costs $1,500 whether you repay it over three months or six.
Three things to check on any offer, from any provider:
- The total repayment amount — not the advance and not the weekly payment. That single number is the cost.
- How repayment behaves in a bad week. A percentage of revenue falls when your revenue does. A fixed daily debit does not, and that is what turns a cash-flow gap into a crisis.
- Early repayment. Giggle discounts advances repaid within 30 days. Many providers charge the full fee regardless.
Comparing providers? See Giggle Finance vs Quickie for a side-by-side on requirements, cost and funding limits.
For the mechanics of how revenue-based financing differs from a term loan, see what you need to know about revenue-based financing.
Where it fits against the alternatives
| Option | Typical amount | Qualifies on | Speed |
|---|---|---|---|
| Giggle Finance | Up to $15,000 | 3 months of deposits, $1,500/mo; soft pull only | Minutes, 24/7 |
| Business credit card | $1,000 – $25,000 | Personal credit, usually 670+ | Days |
| SBA microloan | $500 – $50,000 | Business plan, credit history, collateral sometimes | Weeks to months |
| Bank line of credit | $10,000 – $250,000 | 2+ years trading, strong credit, financials | Weeks |
| Invoice factoring | Value of your invoices | Creditworthy customers, B2B invoices | Days |
The honest summary: if you have two years of filed accounts, good personal credit and time to wait, a bank or SBA product will cost you less. Revenue-based financing exists for the situations where one of those three is missing — which, for a business with one truck and three months of history, is usually all three.
Frequently asked questions
How much funding can a micro-business get?
Up to $15,000 for new customers and up to $20,000 for returning customers in good standing. The amount depends on how much you deposit each month and how consistent it is.
Do I need an LLC or an EIN?
No. Sole proprietors and individual 1099 earners qualify without forming a company. A free EIN from the IRS and a separate business account make your income easier to read and help you build business credit for later.
Will applying affect my credit score?
No. Eligibility is checked with a soft pull that does not appear on your credit report. There is no minimum score.
How fast is funding?
Most applicants get a decision within minutes and receive funds the same day after accepting, including at weekends.
What if my revenue drops during repayment?
Repayment is calculated as a percentage of revenue, so it falls automatically when your income does. There is no fixed bill that ignores a slow week.
Is this a business loan?
No. It is revenue-based financing: Giggle purchases a small portion of your future business earnings and advances you the cash now. That is why there is no fixed monthly payment and no credit-score barrier.
What can I use the funds for?
Business purposes: repairs and maintenance, fuel, equipment and software, inventory and materials, insurance, licences and permits, marketing, payroll, or bridging a delayed payment.
What if I need more than $20,000?
This is the wrong product for you. An SBA microloan, a business line of credit or invoice factoring will serve you better, and will usually cost less.
Find out in a few minutes
If you have three months of business income and $1,500 or more a month in deposits, you can see what you qualify for without touching your credit score. The application takes a few minutes, there is no paperwork, and it runs 24 hours a day.
Not there yet? Keep a consistent deposit record and open a dedicated business account. Once you cross three months and $1,500 a month, come back and check.
Disclaimer: Giggle Finance provides Revenue-Based Financing programs for business purposes only. Any mention of any loan product(s), consumer product(s), or other forms of financing is solely for marketing and educational content purposes and to help distinguish Giggle Finance’s product from other comparable financing options available in the market.