Unlike a traditional bank loan, which requires repayment based on fixed timeframes, a revenue advance will be paid back through the deduction of a small percentage of your future sales. Seasonal businesses benefit from the flexible repayment terms! When the inevitable slow month occurs, you won’t be handcuffed to a hefty payment that may have seemed more manageable when business was booming. This way your growth can continue unimpeded. Once the purchase amount has been deducted from your sales, the transaction will have ended and you will continue to receive 100% of all revenue.
Why Choose a Revenue Advance?
Revenue advance financing is our core product. It differs from traditional bank loans in that it seamlessly integrates into your business’ day-to-day receivables. It’s an easy way for your business to get the funding it needs without the headaches of the traditional bank loan application process.
Revenue advances allow you to sell a % of your future receivables at a small discount. We then collect our fixed % back over a non-fixed period of time until the purchase amount is received. Revenue advances can provide a fast alternative to the lengthy and document-intensive process of applying for a traditional bank loan.