Frequently Asked Questions

One Park Financial is a growth services organization primarily focused on financing for small businesses founded in 2010. By answering a few simple questions about your business, you can get prequalified in 2 minutes, you will then be assigned your own Business Funding Management team. They will hold your hand through the simple process and your offer could be ready within 2 hours of application. If everything looks good to you, your business could be funded the very same day.

Yes. One Park Financial has been operating since 2010 and is headquartered in Coconut Grove, Miami, Florida. It holds an A+ rating from the BBB, a 4.8 out of 5 score based on over 5,400 verified reviews across platforms, with more than 4,600 being 5-star reviews, and has earned Great Place to Work certification 8 times. The company has funded over 55,000 businesses and deployed more than $1.5 billion in business capital across the United States and Puerto Rico.

Banks require perfect credit, years of financial history, and collateral most small business owners either do not have or do not wish (for good reason) to be leveraged with. One Park Financial evaluates your revenue and business potential, not just a credit score. You can prequalify in 2 minutes with no credit impact, your offer could be ready within 2 hours, and you may be funded the very same day. A bank will take months just to say "no".

No. One Park Financial is partnered with the best funders in the market. Our job is to find you the working capital your business needs while you focus on what you do best - running and growing your business. We do the research, we vet the funders, we look for the best possible offer that fits your business's needs.

One Park Financial was founded in 2010 in Miami, Florida. We have been helping small business owners acquire capital for their businesses for over 15 years.

One Park Financial works with small businesses across most of the United States and Puerto Rico, in over 50 industries. However, we currently do not operate in California or New York.

No. One Park Financial only works with businesses in the United States and Puerto Rico with the exception of California and New York. We currently do not provide capital with businesses outside of the United States.

We work with small businesses across most industries, including restaurants, retail, construction, healthcare, transportation, beauty, auto services, technology, home services, education, hospitality, and landscaping. If your industry is not listed, contact us — we likely serve it.

We work with most legal business types. Industries typically excluded include adult entertainment and non-profit organizations. Contact us if you are unsure whether your industry qualifies.

The three basic requirements are: at least 3 months in business, a minimum credit score of 500 FICO, and at least $7,500 in monthly sales (before expenses). These are starting points. From there, the last 3 months of your business banking statements will be analyzed and based on your sales, an offer could be presented to you in less than 2 hours.

Technically, yes. The minimum FICO score we tell our clients they should have before applying is 500. While FICO is a factor in consideration, we focus on your sales and business potential, not just your credit score. Many of our clients have been turned away by banks due to credit and still qualified for funding with us. With that said, obviously lower FICO does affect your probability of approval, just not at the extent it does with a traditional bank or even other funders.

The minimum FICO score we tell our clients they should have before applying is 500. This is significantly lower than most traditional banks, which typically require 700 or higher, and lower than competitors like OnDeck and BlueVine, which require 625 or more.

Yes. One Park Financial accepts applicants with a minimum FICO credit score of 500. Even if your credit is not perfect, you may still qualify based on your business's sales and history. If you do get declined, your Business Funding Manager will coach on how to improve your chances of getting funded on the next round.

Your business needs to have been operating for at least 3 months to qualify. You do not need years of history, just a few months of real, verifiable sales of at least $7,500 per month.

Yes. One Park Financial works with businesses that have been operating for as little as 3 months, as long as you are generating at least $7,500 per month in revenue. You do not need years of history to qualify. The reason being because we need 3 months of bank statements to analyze the health of your business.

No. The application process uses a soft inquiry that has no impact on your credit score. You can check what you qualify for completely risk-free, with zero obligation to move forward. Although, we recommend that you use those funds to grow.

No. The capital that One Park Financial acquires for businesses does not require collateral to apply or qualify. Funding decisions are based primarily on your business's sales and performance.

Yes. One Park Financial offers full service in both English and Spanish. You can apply, communicate with your Business Funding Manager, and review your offer entirely in Spanish.

Yes. Sole proprietors, LLCs, corporations, and partnerships are all eligible to apply as long as they meet the basic requirements: at least 3 months in business, $7,500 or more in monthly revenue, and a 500+ FICO credit score. The only exception to this rule would be in Puerto Rico, where businesses are required to be incorporated.

The initial prequalification only requires basic business information. To apply, you will need to submit a very small and fast soft credit application, provide 3 months of business bank statements, and a valid government ID. That is all you need! Your offer could be in front of you in as little as 2 hours.

It depends on whether the bankruptcy is active or not. If you have a past bankruptcy and the case is closed, then yes you absolutely can. However, if you are in active bankruptcy at the point of application, you will be automatically declined.

Yes. We understand all businesses have high seasons and low seasons. Your Business Funding Manager will help you go through the simple application process and make sure to explain every detail you share with them about your business to maximize the probability of getting you a funding offer. The key is open communication with your Business Funding Manager.

In many cases, yes. Having existing debt or a business loan does not automatically disqualify you. When in doubt, always apply and talk with a Business Funding Manager.

Complete the online prequalification form on our website. It takes about 2 minutes and has no impact on your credit score. From there, you will be assigned your own Business Funding Manager who will follow up to discuss your options and guide you through the next steps.

Fast. The prequalification takes 2 minutes, your offer can be in front of you within 2 hours of application, and you could receive the funds within 24 hours of signing the offer agreement. The total time from application to funding depends on how quickly you complete your documentation and the funder's processing speed, but One Park Financial is built to move at the speed your business needs.

The online prequalification form takes about 2 minutes to complete. Once submitted, your dedicated Business Funding Manager will follow up with you immediately, you will then go through the simple application process and your offer could be ready within 2 hours.

You will be assigned your own Business Funding Manager, they will help you go through the very quick application process, and your offer could be ready within 2 hours if approved. No pressure, just clarity. You stay in control of every decision.

You will work with a real person every time. This is very important to us. In the age of AI, we believe that the empathetic human component is very important. Every client is assigned a dedicated Business Funding Manager who is available to answer questions, explain offers, and guide you through the entire process from start to finish. We believe in the human element. Your Business Funding Manager will hold your hand through every step.

Your Business Funding Manager will organize your information and work with the funding teams, and your offer could be ready within 2 hours. They will then walk you through every detail of that offer. From there, the decision is entirely yours. If you decide to move forward, you will sign, and they will prepare you for the Final Funding steps.

Funds are deposited directly into your business bank account. No checks in the mail, no waiting around. Once you approve your offer, go through a simple Final Funding process, and you could receive the funds within 24 hours of signing the offer agreement.

Absolutely, and frankly, this is where One Park Financial was built to win. Every year, thousands of businesses with real potential and real revenue get rejected by traditional banks simply because they do not fit a rigid mold. That is not a reflection of your business. That is a flaw in the system. One Park Financial exists to close that gap. We evaluate your revenue, your trajectory, and your potential, not just a credit score. Many of our clients walked in the door after a bank said no, and walked out with the capital that changed everything for their business. A bank rejection is not the end of your story. It may just be the beginning of ours.

No. There is no cost to apply or prequalify. You only pay the cost of capital and a small professional service fee, if you choose to accept an offer, and you are never obligated to apply. No fees for application, no commitment, no credit impact to apply. It is completely risk-free.

You are never obligated to accept an offer. If the options presented do not meet your needs, you can decline with no cost, no commitment, and no impact to your credit. Your Business Funding Manager will never pressure you. The decision is always yours.

Yes. If you do not qualify today, you may reapply once your business has grown or your financial profile has improved. Your Business Funding Manager can give you specific guidance on what to strengthen before reapplying. Many of our funded clients did not qualify on their first attempt but came back stronger and got approved. Once you engage with One Park Financial, we will stay in touch to support you in your business journey.

Your dedicated Business Funding Manager will keep you updated at every stage of the process and is available to answer any questions you have along the way. You will never be left in the dark wondering what is happening with your application. Also, we are working on a higher tech version of that too! Shhh! It's a secret.

Funding amounts range from an average of $5,000 to $500,000 depending on your monthly revenue, time in business, and overall financial profile. Your Business Funding Manager will help you understand what you may qualify for and which option best fits your needs. The goal is not just to get you capital, but to get you the right amount of capital that your business can actually sustain and use for growth.

Revenue-based financing is a form of business financing where you receive a lump sum of capital in exchange for a percentage of your future sales (revenue). Repayment is tied to your daily or weekly sales, so it can adjust naturally with your cash flow. When business is slower, you may pay less. When business picks up, you pay more. It is not a traditional loan, and that flexibility is exactly why it works for so many small businesses.

Revenue-based financing ties repayment to a percentage of your daily or weekly sales, so when business fluctuates, so may your repayment amounts if you so chose to. A business loan has fixed repayment terms regardless of how much you earn. The right option depends on your cash flow patterns, industry, and goals. Your Business Funding Manager is the best resource to walk you through the ins and outs of revenue based financing and how it can support your business for growth.

Working capital is the money a business uses for day-to-day operations such as payroll, inventory, rent, or equipment. It is what keeps the lights on and the doors open. One Park Financial helps businesses access working capital quickly so they can keep operating and growing without interruption. You should not have to put your business on hold because cash flow is tight.

A factor rate is used instead of an interest rate in some types of business financing such as revenue based financing and invoice factoring, it is expressed as a decimal, for example 1.25, and multiplied by the amount you receive to determine your total repayment amount. Your Business Funding Manager will walk you through exactly what this means for your specific offer so there are no surprises.

You can use the funding for any legitimate business purpose including inventory, equipment, payroll, marketing, renovation, expansion, or managing cash flow gaps. There are no restrictions on how you use the capital within your business. It is your business and your capital — you decide where it goes.

Repayment structures vary by funder and product. Revenue-based financing ties repayment to a percentage of your daily or weekly revenue, so term and repayment can be dynamic. Other products may have fixed daily or weekly payment schedules. Your Business Funding Manager will explain the exact structure of any offer before you commit so you know exactly what to expect.

In most cases with One Park Financial, yes. Early payoff terms vary by funder. Your Business Funding Manager will clarify the terms of any offer you receive, including whether early repayment is an option and whether it reduces your total cost. We want you to have full clarity before you make any decision.

In a lot of cases, yes. This depends on your repayment history, the policies of your specific funder, but most importantly on how far you are into repaying your original financing. Your Business Funding Manager can let you know if you are eligible. Most of our clients are already looking for new funding 50% into their original financing, and at that point the probability of approval with a good repayment record is very high.

Absolutely. Many of our clients return for additional funding as their business grows. Returning clients often have access to larger amounts and, in many cases, improved terms. We are designed to be a long-term funding partner, not a one-time transaction.

We do not report back to the credit bureaus at all because we are not a bank!

The minimum monthly revenue requirement is $7,500. This shows your business has real traction and the capacity to manage repayment. Combined with at least 3 months in business and a 500+ FICO score, these are the starting points for prequalification. Your Business Funding Manager will evaluate your full profile from there.