Merchant cash advances up to $500,000, but be wary of poor customer service.

Everest Business Funding’s merchant cash advances could be an option for businesses that depend on customer sales and have a hard time qualifying for more traditional forms of business financing.
But you might want to treat it as a last resort. With poor customer service and an out-of-date site, it’s difficult to know what you’re getting into beforehand.


Min. Amount


Max. Amount


Product Name Everest Business Funding
Min. Amount $5,000
Max. Amount $500,000
Requirements Present bank statements, tax returns and sales record.

First, do I qualify?

Unfortunately, the easiest way to know if your business is eligible is by filling out the prequalification application. There’s limited information online and it’s difficult to get in touch with a customer service representative that can give details about the loan.

However, Everest Business Funding indicates that it’s not difficult to qualify — it boasts a 95% acceptance rate on its site. It’s also open to some industries that lenders typically consider high risk like restaurants, healthcare companies and construction businesses.

What is Everest Business Funding?

Everest Business Funding is an online direct lender that offers merchant cash advances. These range from $5,000 to $500,000 though how much your business can qualify for typically depends on its sales volume.

Everest Business Funding doesn’t reveal much else about its loans, unfortunately. With this type of financing, lenders typically add a fee to the loan amount, which business owners are on the hook to pay back with a percentage of daily sales.

What makes Everest Business Funding business loans unique?

Everest Business Funding business loans could be a good option if you’re having trouble getting approved for financing. While it offers limited information before you apply, its positive customer reviews and reportedly high approval rate might be the solution your business needs. Its 24-hour turnaround time could also make it an option if your business needs emergency cash.

What are the benefits of an Everest Business Funding loan?

  • Large amounts available. Everest Business Funding offers business loans up to $500,000 — a lot for an online lender.
  • High approval rate. This lender claims to approve 95% of applicants.
  • Fast funding. Your business might be able to get its funds in as little as 24 hours.
  • Open to high-risk industries. Restaurants, construction companies and those in healthcare are just some of the high-risk businesses that Everest Business Funding works with.
  • Referral bonus. Your business can get $1,000 per partner it refers as long as it gets approved for financing.

What to watch out for

  • Limited information available. Everest Business Funding doesn’t disclose rates, fees, terms or eligibility requirements on its site. It also isn’t totally clear that it even offers merchant cash advances.
  • Out-of-date site. The customer service line on its application that’s supposed to put you in touch with a funding specialist actually leads to the HR training department as of June 2018.
  • Poor customer service. We were hung up on three times when we called to get more information about the merchant cash advance.


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