Future-receivables advances
- Structure
- Businesses sell a fixed amount of future revenue for upfront capital, remitted daily or weekly under the agreement.
- Eligibility
- Current guidelines list at least three months in business, $20,000 monthly revenue and an active US business checking account.
- Documents
- Requests normally include three to six months of business bank statements, identification and basic business details.
- Use
- Inventory, payroll, equipment, expansion and cash-flow stabilization are documented uses; existing advances are reviewed individually.
Provider sources: Merchant funding · Program guidelines · Legend Funding · Official identity and website aliases
