Diverse-Owned Businesses
PAYMENT BASED ON SALES
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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