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Show payments
Your paymentsestimate
Revenue-Based Financing
$20,333 a month
Total cost $22,000
Total payback $122,000 over 6 months
Term Loan
$3,418 a month
Total cost $23,039
Total payback $123,039 over 36 months
Line of Credit
$9,168 a month
Total cost $10,016
Total payback $110,016 over 12 months
Each at its usual starting terms, Revenue-Based Financing at a 1.22 factor over 6 months.
Show details
Paid weekly: $4,692.31
- Term
- 6 months
- Time to funds
- Most files funded in 24 to 48 hours
- Documents
- Application
- 3 to 4 months of business bank statements
- What secures it
- A purchase of future receivables
Paid monthly: $3,417.76
- Term
- 36 months
- Time to funds
- Timing set by the lender
- Documents
- Application and recent business bank statements
- What secures it
- Amortizing debt on a fixed schedule
Paid monthly: $9,168.00
- Term
- 12 months
- Time to funds
- About a week to set up
- Documents
- Application and recent business bank statements
- What secures it
- Revolving debt, interest only on what you draw
Real terms come from your file, after underwriting.
FAQ
Common Questions
How does comparing funding work here?
Each column runs its product at the amount you set and at that product's usual starting terms, so every column reads at one amount. Pick two or three of the twelve products and show the payments weekly, biweekly or monthly.
Why are there no rates in the comparison?
Products state their cost in different ways, as factor rates, APRs or fees per 30 days, and set side by side as rates they mislead. Dollars do not: the total cost and the total payback read the same in every column.
Should I compare the payment or the total cost?
Read the payment and the total cost together: a shorter term can cost less in total and still ask for a much larger payment. Revenue-based financing funds most files in 24 to 48 hours on the strength of your deposits, while SBA and real estate financing take 30 to 90 days. Pick the trade that fits this need.
Why do invoice factoring and PO financing show no payment?
They are priced per invoice or per order, not as a payment schedule, so their columns say how they are priced in place of a payment, with the total cost and the total payback below it.
Can I change the terms of a product in the comparison?
Open Show details and follow the link under that product, or pick it from the list below. Its own calculator lets you set every term.
Does running the numbers affect my credit?
No. The calculators run in your browser and ask nothing about you. Running numbers here never touches your credit.