Our small business loans are based on the current cash flow of your business, not years of financial history (i.e. asset/collateral coverage and the balance sheet). We call this our “REVENUE ADVANCE”. These Revenue Advances are actually not loans but the purchase of the future deposits of the business. Financing is based on the amount of cash flow through the business operating accounts and repayment is made by automatic electronic debits (ACH debit). These ACH debits can be paid through a small, fixed daily or weekly payments from your business bank account. Because this product has a fixed daily payback amount, you get a definitive maturity date as well.
A FundSource advance is ideal for manufacturers, wholesalers, distributors, contractors and other service providers.