REVENUE BASED LOAN
A
revenu based loan, also known as revenue-based financing (RBF) or a business cash advance, is a type of short-term business funding where repayment is tied directly to a percentage of your business's future revenue. Unlike traditional bank loans with fixed monthly payments and interest rates, RBF offers a more adaptable approach, particularly beneficial for businesses with fluctuating or seasonal revenue streams.
To qualify for this funding program, you need:
- Any owner or officer with personal credit scores of at least 550 to sign.
- Average gross monthly revenue that is greater than $15,000.
- To be in business for at least 6 months
- To NOT be in Real Estate, Insurance or Financial Services related industries.
FREQUENLTY ASKED QUESTIONS
How does this process work?
Complete the application to the left and receive offers for amount, rate and term.
Is there an impact on credit?
Soft credit pulls are used to obtain offers. Hard pulls are done at funding only.
Do I get a funding adviser?
Yes, a dedicated advisor will work with you to obtain the capital you need.
Am I going to get contacted by lenders?
Lenders only contact you after you accept their funding offers.
Does it cost anything to apply?
There are no costs involved in receiving offers. There are closing fees.
Am I under any obligation?
You are under no obligation to accept any funding offers.
If I have questions who do I talk to?
After submitting, you are provided the email and phone number of your funding advisor.
Submit information about your request, the business and the owners to receive amount, rate and term offers.
- Requested loan information
- Information about the business
- Information about the owners
*** All files are subject to full underwriting & qualifications specified by each bank. There can be no assurance that any applicant will be approved and that credit will be offered.***