What it compares
- Time in business against 6 months.
- Average monthly revenue against $20,000.
- FICO score against 600.
- Months of bank statements against 4.
Each guideline is taken from 1West's own description, November 2026.
Am I ready to apply with 1West? A readiness check
Last updated: · Published by 1West
You are in a strong position to apply with 1West if your business has six months of history, $20,000 in monthly revenue, a 600+ FICO score, and four months of bank statements.
Those are 1West's published general guidelines. The worksheet below compares your own figures with each one so you can see where you stand before opening the ABLE intake. It is an estimate for planning, not an approval, and lenders can apply different requirements by financing type.
Worksheet
Do my figures meet 1West's general guidelines?
Your comparison
Fill in all four figures and select Compare. Nothing you type is sent anywhere; the comparison runs in your browser.
Estimate only. This worksheet compares your figures with 1West's general guidelines as described in November 2026. It is not a financial, legal, or eligibility decision. Lenders make the final decision and may apply different requirements by product.
Assumptions behind this worksheet
What it leaves out
Lenders weigh more than four numbers: the financing type, collateral, industry, the amount requested, existing debt, and the contents of your statements. That is why a result here is a planning signal only. Equipment and receivables financing, for example, rely partly on collateral.
What if one of my figures is below the guideline?
Treat it as a plan rather than a verdict. Short on time in business: keep operating and collecting statements. Revenue under $20,000 a month: track deposits as they grow. Credit under 600: focus on on time payments and lower balances. You can also read whether a secured option such as equipment financing fits your goal, or prepare longer term for an SBA loan.
FAQ
Common questions
- What are the requirements to apply with 1West?
- 1West generally asks that applicants have been in business for at least six months, provide four months of business bank statements, have monthly revenue of at least $20,000, and have a FICO score of 600 or higher. These are general guidelines. Specific products and lenders can set different requirements, and the lender makes the final decision.
- What credit score do I need to apply with 1West?
- 1West's general guideline is a FICO score of 600 or higher. Some older third party reviews list lower figures, but 1West's own current description states 600+, and this guide uses the business's own source. Credit is one factor among several, alongside time in business, revenue, and the type of financing requested.
- How much monthly revenue do I need for a 1West application?
- 1West's published general guideline is at least $20,000 in monthly revenue. Lenders often look at deposits in your business bank statements to see revenue, which is one reason four months of statements are requested. Requirements can differ by financing type, so treat $20,000 as the general starting point rather than a fixed rule for every product.
- Can a brand new business apply through 1West?
- 1West's general guideline is at least six months in business, so a business younger than that is below the published minimum for most requests. Startups can still read the guides here to plan ahead. When the business passes six months and has four months of bank statements, it is in a better position to compare options through ABLE.
- What if my business is below 1West's general guidelines?
- Use the gap as a plan. If time in business is short, keep building history and statements. If revenue is under $20,000 a month, track deposits until they rise. If credit is under 600, focus on payment history. Requirements vary by product, so read the financing type you need before deciding whether to apply.
- How do I get a business loan with poor credit?
- Start by checking where you stand against lender minimums; 1West's general guideline is a 600+ FICO score. Below that, options narrow. Secured choices such as equipment financing or accounts receivable financing rely on collateral, which can help. Improving payment history and reducing balances before applying also tends to widen your options.
Figures look ready? Start your application
Open the official ABLE intake and choose the amount you are looking for.
Related guides
Keep reading
- DocumentsA checklist of what to gather before you start, by financing type.
- Application stepsEach stage of the application, in order, and what you do at each one.
- Working capitalFor established businesses managing cash flow and day to day costs.
- Back to the 1West apply guideThe hub for the whole ABLE application process
For full product pages, visit the official 1West website.