How It Works
Our Funding
We offer revenue-based financing – a funding arrangement that provides upfront capital in exchange for an amount of the business’s future revenue over time
$5,000 to $50,000 in upfront capital
Auto-debited daily or weekly payments
4 to 12 months estimated payment period
3% to 35% estimated future revenue purchased
Qualify
Our eligibility criteria are simple and easily attainable. Businesses must be in operation in the U.S. for at least one year, make $10,000+ in monthly revenue, and owners must have a 500+ credit score.
Apply
Our application is straightforward. We require only owner’s name, Social Security number, business name, Tax ID, and last few months’ business bank statements. Business owners also provide some minimal documentation – driver’s license, voided check, signed contract, and bank verification. In rare instances, other documents may be needed.
Get Approval
Once we receive the necessary information and documentation, we get to work right away to review everything and approve your funding. Customers are usually informed of the outcome of their application within a day.
Receive Funding
We hold a funding call with all new customers once the business accepts our approval. The goal is to be very clear about the features of revenue-based financing and the terms of the contract. When the customer feels confident about their funding details and has had their questions answered, we are often able to transfer the funds into the business bank account that same day.
Remit Payment
Within one week of receiving their capital, payments will begin automatically withdrawing from the customer’s business bank account. Payments can be decreased if business revenue decreases, so customers are encouraged to reach out if things become difficult. We may be able to help.
Renew
We try our hardest to provide the funding a business needs to thrive. If a customer is up-to-date with payments and has paid half of their balance, they may qualify for a renewal – an additional round of funding that can be used for any business purpose. Customers simply contact us to get the ball rolling.
Want to Find out More?
If you still have questions, reach out to one of our account experts that can answer all your questions.