Diverse-Owned Businesses

PAYMENT BASED ON SALES
Diverse Owned Business
Diverse Owned Business

Want Capital Now can get you funding based on revenue.

Want Capital Now understands the challenges faced by women, people of color, members of the LGBTQ+ community, veterans, and businesses in low-to-moderate income areas. Revenue-based financing allows for the flexibility that traditional bank debt offers with no equity dilution. This funding has similar rates and terms to a traditional loan, but a percentage of revenue is paid rather than a fixed payment. This results in smaller payments during slower months and larger payments during more profitable months.

Business Characteristics

  • Businesses With Revenue of $1 Million or More

  • Diverse Ownership

  • Profitable, Break-Even, or Clear Path to Profitability

  • Growing Revenues or Positive Trends

  • Recurring Contracts and Predictable Revenue Models

  • 12- to 18-Months Minimum Time-in-Business

Lending Criteria

  • Term: 24 to 60 Months

  • Funding amounts from $50,000 - $1 Million

  • Revenue-Based Financing:

    • Portion of Revenues Paid Monthly at a Pre-Established Percentage

      • Typically, 3%-9% Monthly Cash Receipts

    • Payment Until Principal and Additional Fees Repaid

  • Application Includes:

    • Two Years of Financial Statements

      • Balance Sheet

      • Profit-and-Loss

      • Cash Flow

    • Revenue by Customer

    • Debt Schedule

    • Projections