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We Don’t Allow Stacking, so Here’s What We Do to Help Fill the Funding Gaps

Stacking is a finance term that describes the act of taking out multiple cash advances [or loans] within the same time period. When a financial institution reviews a business for funding, they take current cash flow restrictions into account and provide an offer based on what they feel the business can afford.

Unfortunately, stacking puts the business at risk of negative cash flow, which can cause irreparable harm. This is why we do not allow or condone stacking here at Elevate Funding.

However, as an alternative to stacking, we have a fine-tuned add-on and renewal program to help fill any funding gaps.

Flex Funds, our add-on program, allows our clients the ability to take on an additional 30% of their original funding amount. We do not increase their daily payments — we simply extend their advance term. This ensures we are not overleveraging the business or harming cash flow. Clients are eligible to receive Flex Funds once they have made three weeks of consecutive payments.

In addition, we allow eligible clients the chance to renew their advance once they are 55% paid in on their current advance. This gives them peace of mind and assurance that the funding they need soon is lined up and ready to go.

At Elevate Funding, we feel that it is our [collective] responsibility to fill the gaps we see in the MCA space. When we see an issue in our industry, we put in the time to rectify it and provide smarter solutions for our clients. 

When you select us as your funding provider, you are placing a safe bet on your financial future. We want to see you succeed, and we will do everything in our power to work with you on your specific needs. We know small business, and we’re here to help.

If you need funding and wish to speak to someone now, please call us at 888-382-3945 or click here to send us an inquiry. One of our teammates will get back to you as soon as they are available.

Note: if you are an active client of Elevate Funding, you may reach out to sales@elevatefunding.com to request Flex Funds or renewal.