Startup Funding
Most banks want two years of history before they lend. Startup funding covers the pathways available before that mark: programs that weigh the owner's credit and experience, the strength of the plan, and early revenue instead of a long track record.
Best uses
- Launch costs and initial inventory
- Equipment for a new operation
- Marketing to land first customers
- Working capital through the ramp-up period
Typical borrower profile
- Founders with strong personal credit
- Owners with industry experience entering on their own
- New businesses with early revenue traction
Potential qualification factors
Every lender sets its own criteria, and no factor guarantees or blocks approval on its own. Commonly reviewed items include:
- Owner credit profile and income
- Industry experience
- Business plan and projections for some programs
- Early revenue, if any
- Available collateral or equity
Documentation to have ready
- Government-issued ID
- Personal credit and income documentation
- Business formation documents and EIN
- Business plan or projections for some programs
- Bank statements once revenue starts
Benefits
- Access to capital before the two-year bank threshold
- Multiple pathways: credit lines, equipment financing, SBA, and more
- Builds business credit history early
Common challenges to plan for
- Smaller amounts than established businesses see
- Owner credit carries heavy weight
- Personal guarantees are standard
Frequently asked questions
Can I get funding with no revenue yet?
Some options exist for pre-revenue founders with strong credit, but they are limited. Early revenue, even modest, opens meaningfully more doors.
Do I need a business plan?
For SBA and some bank programs, yes. For credit-based programs, usually not. Either way, a clear plan helps you and your advisor pick the right path.
Will startup funding require a personal guarantee?
Almost always. With little business history, lenders rely on the owner standing behind the debt.
What should I do before applying?
Separate business and personal banking, form your entity, get your EIN, and keep personal credit clean. Small steps now expand your options later.
How funding works with Bluejacket
Submit Your Request
Two minutes online with basic details about your goal.
Speak With a Funding Advisor
We review your situation and gather what lenders need.
Review Your Options
Compare structures side by side and pick what fits.
Receive Funding
Complete the lender's process and put capital to work.
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Submit a short request and a funding advisor will follow up with options matched to your situation.