Revenue Based Loans
Today we are going to talk a little bit about Revenue based loans. This kind of loan is also known as a royalty- based financing. It is a mix between equity financing and debt financing. Revenue based loans are obviously loans, which go off of a companies revenue per month. These kind of loans are really made for companies with bad or poor credit. To put it simple they just are in a hard spot or have been in a bad spot for to long. The interest is usually high and the payments usually are daily or weekly depending on the lender. If you have to take this kind of a loan. Try to work on getting your credit up to get a term loan or credit line or even an equipment loan. They usually offer a better interested rate and terms. Just remember all of this varies and ultimately comes down to the lender. We can help you get the right loan that best fits what you are doing.