process
Underwriting
Underwriting is the risk-assessment process a lender uses to evaluate your business, revenue, and creditworthiness before issuing an offer.
Last updated Reviewed by ICG Funding
Definition
What it means.
ICG underwriting primarily reviews 3–6 months of business bank statements, time in business, personal credit (soft pull), and industry. Tax returns are generally not required for advances under $250,000.
The process takes 2–4 hours for revenue-based products and 1–3 business days for term loans and SBA products. Underwriters look at average daily balance, deposit consistency, overdraft history, and existing debt service before sizing an offer.
Now what?
Get an offer that accounts for underwriting.
Soft-pull credit check. Quick application. No obligation.