WHAT IS A REVENUE BASED BUSINESS CASH ADVANCE?

A revenue-based cash advance, also known as a Business Cash Advance is similar to a Merchant Cash Advance where a business sells a portion of their future sales in advance for a lump sum payment. The advance is then paid back based on a percentage of its monthly revenue. These payments continue until you pay back the principal plus the interest in full.

WHO IS A GOOD FIT FOR A REVENUE BASED BUSINESS CASH ADVANCE?

When you need a business loan, but you don’t have a good credit score or the collateral required, a cash advance or revenue-based financing might be best. You can use it to increase revenue, buy supplies, or fund payroll. With the cash advance, you receive more flexibility. Because you only pay back based on your monthly income, there’s more room to grow. Contact us today to see if this funding is right for you.