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Frequently asked
questions
WHAT IS REVENUE-BASED FINANCING AND IS IT RIGHT FOR MY BUSINESS?
Revenue-based financing is a financing model where a business receives financing based on the sale of a percentage of its future revenue. Short, estimated terms are traditional with revenue-based financing, and give business owners the ability to plan ahead and make financial decisions with confidence.
- Unlike traditional financing, revenue-based financing doesn't require the seller to make fixed payments on a regular schedule. Instead, the Purchaser takes a percentage of the Seller's revenue until an estimated predetermined amount has been remitted.
- Revenue-based financing may be a good option for businesses that are generating revenue but don't have significant assets or collateral to secure traditional financing.
- Estimated terms typically last between 2 and 10 months, which allows business owners to satisfy their financing quickly and avoid long-term financial commitments.
- Estimated terms mean that the exact length of the term may vary slightly depending on the revenue of the business. This provides flexibility for both the Purchaser and the Seller.
- It is also important to have a clear understanding of the revenue projections and how they will impact the remittance of the financing. A realistic and conservative revenue forecast can help ensure that the business can meet its financial obligations.
WHAT IS THE DIFFERENCE BETWEEN REVENUE-BASED FINANCING AND A LOAN?
Revenue-based financing and loans differ in that they provide financing in exchange for a percentage of future revenue; whereas a loan provides a fixed amount of money that needs to be repaid over a set schedule with interest.
Revenue-based financing and loans are both methods of financing a business, but they have some key differences. Here are some additional points to consider:
- Revenue-based financing can be a good option for businesses that have unpredictable or fluctuating revenue streams. Since remittances are based on a percentage of revenue, the amount due will adjust accordingly.
- Loans typically have a set repayment schedule, which can be helpful for businesses that want to plan ahead and know exactly when the debt will be repaid.
- Loans may require collateral or a personal guarantee, while revenue-based financing does not.