REVENUE FINANCE
REVENUE FINANCE
Qualifying Factor
PREQUALIFIED
TERMS
1.10%-1.45% FACTOR RATE 3-18 MONTHS
FUNDING SPEED
1 DAY – 1 WEEK
FUNDING RANGE:
$5,000-$1,000,000
COST
Varies
Financing based on business revenue. Short term, fast financing solution that can provide a business immediate financing.
TO QUALIFY:
- Business owner has at least a 520 personal credit score
- At least $150,000 in business gross revenue per year
- At least 10 deposit transactions per month
- Acceptable industry type
- In business for 1 year
- Business able to provide 6 months merchant or bank statements
- Lease or own business location
TERMS:
- $5,000-$1 million
- 3-18 Month Term
- 1.10-1.45%
- Lenders typically approve 10% of annual gross revenue
VIDEO
EXAMPLE
Susan needed $25,000 in 5 days in order to cover a new order from a customer. Banks weren’t able to approel and fund the financing that quickly. Her revenue lender was able to quickly approve and ACH the funds into her business checking account which allowed her to fill her order.