Sometimes, you just need $20,000 to run a marketing campaign. Or you may need $45,000 to buy some inventory. Or maybe your roof started leaking, or your AC system went down, and you need cash FAST to make repairs. Or, maybe, you fall into an industry that traditional lenders just don’t understand or deem too risky, so they automatically disqualify you…because of your industry. In these and many other situations, revenue-based financing can provide the working capital lifeblood you need.
Rapidly Respond
Revenue-based financing allows you to take advantage of opportunities that you otherwise would have had to miss out on because of a lack of available funds.
Both big and small disasters happen throughout the life of a business, revenue-based financing can quickly give you the money you need to quickly address any unexpected issues that arise.
Holistic Underwriting
Unlike traditional loans, a lower credit score will not automatically disqualify you. Revenue-based Financing looks at your business’s stability and success overall.
There are very few industry limitations with revenue-based financing and our financing specialists are trained to understand the ins and outs of many industries that are typically turned down for loans.
Personal Security
Absolute personal guarantees are not required, nor will your home be used as collateral.
Revenue-based financing is one of a few types of business financing that limits the personal exposure of the business owner and looks to the business – not personal assets or credit score – when making underwriting decisions.
Expedited Access
Because your sales history is the most heavily weighted when it comes to approval, there is very little documentation needed. In some cases, all you will need to submit is three months of business bank statements.
With little documentation required, the underwriting process can be very quick, and you can receive approval in as little as three hours. Once approved, you can have the funds in your bank within 24 hours.
