The answer varies as there are many factors funders will take into consideration to approve a business other than just credit history. However, most funders are more focused on the outstanding invoices (and the payment history of those customers) versus the business’s credit history. The reason being is that the funder will collect the payments on the outstanding invoices once they purchase the invoices from the business. Not every funder works this way, so it may vary based on who purchases your invoices. Ensure you’re selling invoices that have a history of timely customer payments. This will give you a higher chance of being approved.