It takes a business day to get pre-approved. They do a soft inquiry, which no one gets to see on your personal credit report. The funding source gives two pre-approvals.
When applying for business credit, it is possible to roll the funding fee into certain loans. They are a great way to jumpstart building business credit if you have a good credit report or a 680 or more-credit score. You can use a guarantor if your FICO is less than 680.
A good credit score, business credit profile and vendor credit are a great combination in building business credit. A good credit score accelerates accessing a corporate credit card. Corporate credit cards have higher credit limits compared to personal credit cards.
How much you get, and the number of credit lines is based on utilization, your highest credit limit account, and how many increases you have on your personal credit card.