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RECEIVABLES FINANCING
Streamlined access to working capital
Overview:
A type of funding where a business sells a portion of its future sales or credit card transactions in exchange for immediate working capital.
Repayments are tied directly to your daily or weekly sales, so you pay more when you earn more, providing flexibility. This method doesn't involve traditional interest rates but rather a fixed fee or factor rate on the advanced amount, making it a straightforward way to access funds without the complexities of credit lines or loans.
Factor Rate: Starting at 2% / month
Term: Up to 36 months
Requirements: $250,000 in annual revenues
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