We can help your business get up to $3 Million in Financing
Unlike a traditional bank loan, which has a lengthy approval process, stricter criteria, and fixed payment schedules, revenue based financing will be paid back by deducting a percentage of your future sales.
Grow your business with revenue based financing options provided by Platform Funding.
Revenue based financing allows you to sell a % of your future receivables at a fixed cost. That fixed cost is then repaid over a period of time until the purchase amount is received. If the business experiences a change in monthly revenue—good or bad—the repayment schedule can be adjusted accordingly. Revenue based financing can provide a fast alternative to the lengthy and document-intensive process of applying for a traditional bank loan.
Revenue based financing is our core product. It differs from traditional bank loans in that it is designed to integrate seamlessly into your business’s day-to-day receivables and monthly revenue. It’s an easy way for your business to get the funding it needs without the headaches of the traditional bank loan application and approval process.
Revenue based financing allows you to sell a % of your future receivables at a fixed cost. That fixed cost is then repaid over a period of time until the purchase amount is received. If the business experiences a change in monthly revenue—good or bad—the repayment schedule can be adjusted accordingly. Revenue based financing can provide a fast alternative to the lengthy and document-intensive process of applying for a traditional bank loan.Â
With revenue based financing, companies do not have to give up equity or take on debt, which means they can keep their ownership structure intact. By avoiding equity dilution, companies can retain control over their businesses and maintain their ownership structure.
Unlike debt financing, which requires fixed repayments and interest payments, or equity financing, which requires giving up ownership in the company, revenue based financing allows companies to repay
Revenue based financing offers a more flexible repayment structure compared to traditional debt or equity financing. Companies sell a percentage of their future receivables at a cost. The business then pays back that fixed percentage over a non-fixed period until the purchase amount is received. This can be a more sustainable way to repay debt and minimize the risk of cash flow constraints.
The purpose of revenue based financing is to provide growing companies with an alternative to traditional forms of financing such as debt or equity. Revenue based financing allows companies access to working capital based on their current and future revenue streams, rather than traditional methods that may require equity dilution or fixed repayments. This form of financing provides companies with more flexible repayment structure and a focus on revenue growth.
The goal of revenue financing is to help companies achieve their growth goals by providing them with the capital they need to invest in their business, without having to sacrifice ownership or equity in their company. The revenue advance enables companies to repay their funders based on a percentage of their monthly revenue, which can be a more sustainable way to repay debt and minimize the risk of cash flow constraints.
Answer: Revenue Based Financing (RBF) is a type of funding that provides companies with working capital based on their current and future revenue streams.
Answer: Revenue based financing operates through the following process:
Assessment of financials:
Answer: Revenue based financing is a fast and efficient way to put working capital to use for your business’s immediate needs and growth. With revenue based financing, the quicker the capital can be repaid, the less it will cost, and conversely, the longer it is held onto, the more it will cost. Revenue based financing advance can be a flexible and cost-effective option for businesses looking to grow and succeed.
Answer: Revenue based financing can be a good option for your business, but it depends on several factors, including the company’s financials, revenue growth, seasonality, and future projections.
To determine if revenue based financing is good for your business, you should consider the following factors:
If you are unsure about revenue based financing, you can speak to a funding specialist at Platform Funding. We can help you evaluate your financials, revenue growth, and future projections to determine if revenue based financing is the right option for you.
Answer: Yes, even business owners with a bad credit history can apply for revenue based financing. In some cases, RBF’s can be the simplest and most efficient option for those with a less-than-ideal credit history. This type of financing is based on a business’s revenue, not credit score, which can make it more accessible for business owners with a poor credit history.
Answer:Â No, revenue based financing (RBF) is not a business loan. It is a type of funding that provides businesses with working capital in exchange for a portion of their future revenue. Instead of paying back a fixed amount on a fixed term, as is the case with a traditional bank loan, with revenue based financing, the repayments schedule is structured based on the business’s revenue. The business pays back the funder a percentage of its monthly revenue until the agreed amount has been repaid. This type of financing is sometimes referred to as sales based financing or a revenue based advance.Â
Answer:
No, revenue based financing is not considered a debt, but it does involve the business incurring an obligation to repay the funds it has received. The key difference between revenue based financing and traditional debt is that the repayments are tied to the business’s revenue and can be modified in the event of unforeseen changes to revenue due to circumstances outside of the company’s control.Â
A business line of credit can be an essential tool for managing your company’s cash flow, particularly if you experience irregular income or expenses. With a line of credit, you can draw on a predetermined amount of funds as needed, and only pay interest on the amount you use.
If you’re looking for a business credit line, Platform Funding can help! We understand that every business is unique, with different financial needs and goals. That’s why we take the time to get to know your business and recommend lenders and credit products that best fit your situation.Â
When you work with Platform Funding, you can expect a streamlined application process and quick funding decisions. We’ll work with you to prepare your application and submit it to our lending partners, taking the hassle out of the borrowing process.Â
Whether you need a credit line to finance inventory, cover unexpected expenses or bridge cash flow gaps, Platform Funding can help. Contact us today to learn more about our business line of credit options and start your application.
We can help your business get up to $3 Million in Financing.
Let’s start getting you funded. Use the link below or call (866) 473-1455.
Our process is simple, fast, and secure.
