Through no fault of their own, most companies simply did not have their typical cash flow over the past year. Having more working capital allows a little extra wiggle room to cover emergencies and other urgent business needs that may arise.
Flex Funds, our unique add-on program, offers merchants the ability to take additional funds [up to 30% of their original funding amount, with the same sell rate as their original offer] after three weeks of consecutive payments, assuming their sales have not deviated.
To qualify for this add-on, merchants must meet the following parameters:
At least three weeks of consecutive payments
Has not stacked or received additional funding
We are happy to continue providing this program as a value-add for you and your merchants, especially during the economic uncertainty related to COVID-19.
If you have any questions or would like to discuss in more depth, please contact Ken Peng and Marquez Perry.
Please note: Flex Funds are limited to one time per advance
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Revenue-Based Finance is formerly and alternatively known as Merchant Cash Advance, or MCA.