Payroll Funding That Fits Your Cash Cycle

Payroll funding is business capital used to cover a pay run before the revenue behind it has arrived. At Coast it is not a separate product — it is whichever structure matches how your money comes in. A business line of credit suits a recurring cycle, because you draw only what the pay run needs and pay only on what you use. Working capital covers a specific gap in one lump. Receivables-based programs advance against invoices you have already issued. One application covers all of them, so you are not required to choose up front.

The application takes about five minutes and roughly four months of business bank statements. Checking your options is a soft credit pull only, so it does not affect your personal credit score. A dedicated Business Funding Advisor reviews your cash flow and recommends a structure — including telling you when the answer is a smaller number — and you see the amount, the term and the payment before you sign anything. Once contracts are signed, funds are deposited directly to your business bank account, in as little as 24 hours.*

That gap is the most common reason businesses fund payroll, and it is a timing problem rather than a revenue problem. Coast underwrites the work you have already done — your revenue, your bank activity and your receivables — rather than projections for revenue that has not started. A line of credit lets you draw the week payroll is due and repay when the customer pays; a receivables-based program advances against invoices already issued. Either way the pay run stops depending on when a specific check clears.

Yes, and the structure matters more here than almost anywhere. A staffing business pays its people weekly while its clients pay on 45 or 60 day terms, so growth widens the gap rather than closing it — every new placement is payroll spent before the invoice is paid. Coast structures around that cycle rather than treating it as a risk, sizing a facility to your billing run so taking on the next contract does not depend on the last one settling first.

It depends on whether the need is recurring or one-off. A recurring cycle suits a business line of credit, where you draw as needed and pay only on what you use — which is why most businesses funding payroll end up here. A single defined gap suits working capital. A smaller, faster need can be handled entirely online through Swell. Your advisor recommends the structure rather than selling the product.

Decisions often come back the same day, and funding can arrive in as little as 24 hours after approval. If your closing documents are completed by 11 AM PT Monday through Friday, funds can arrive the same business day; approvals completed later are processed the following business day.*

No. Applying starts with a soft credit pull, which has no impact on your personal credit score. Most Coast programs never involve a hard credit pull at all. It applies only to certain traditional products — larger equipment deals and SBA loans — and even then only after an approval you have chosen to move forward with, with notice before it happens.

Most approved clients have at least one year in business, $100,000 or more in annual revenue, a FICO score of 600 or higher, and an active U.S. business bank account. A business line of credit typically looks for $200,000+ in annual revenue. These are the floors most approvals sit above, not absolute cut-offs — an advisor reviews the whole business, including signed contracts and pipeline.