Revenue Based Financing
Also Called a Merchant Cash Advance, Gives Access to Quick Cash
In every industry, small business success is the result of acting quickly on business opportunities. Traditional financing options such as banks no longer work for many business owners. Banks take weeks to review assets and profits. They require guarantees and put personal assets at risk. They want to be paid the same amount every month, regardless of your cash flow.
Revenue based financing puts you in full control of your company. This funding model is a boon to small businesses, offering the agility you need to make opportunistic and efficient business decisions. Access to funding is fast – as soon as the next day, not weeks. Your business is assessed on potential to generate revenue, not credit. You can access higher funding amounts, with longer, more flexible terms and remittances that scale to your business cycles as sales increase or decrease.
Traditional financing doesn’t work for many small businesses:
- Banks demand the same payment every month, regardless of cash flow
- Banks put personal assets at risk
- Banks take longer to approve loans, because they take weeks to review assets and profits
Revenue based financing, or a merchant cash advance provides the agility and security your business needs:
- You maintain full ownership of your company
- Fast access to funding – as soon as the next day
- Respond to opportunities quickly and grow your business faster
- Access higher borrowing amounts and longer terms
- Your business is assessed on potential to generate revenue, not credit
- No need to give up collateral
- Flexible remittance schedules protect you from periods of slower cash flow
- Loan amounts based on a percentage of your daily sales
- Remittances scale as sales increase or decrease