REVENUE BASED FUNDING PROGRAM
OVERVIEW
The B/A Group LLC is pleased to provide details on The Revenue Based Funding (RB) Program. This funding program is designed to provide funds quickly to a business with the funding amount based on the revenue of the business. The funding program can allow a business to buy inventory, add staff, renovate, market & advertise, and/or to fund any other business purpose. Industries served include but are not limited to the following: retail, healthcare, food & beverage, trade, services, and even seasonal businesses.
Certain details of the program are as follows:
- A minimum of three months (90 days) is required of full business operation
- Minimum Credit Score of 550
- Funding for a business is available in amounts up to $500,000.
- Funds can be utilized for any purpose by the business.
- Repayment of funding program funds that were provided to a business shall be at fixed payment amounts with a term up to one year with the specifics provided upon completion of underwriting.
- Maximum amount of funding programs funds available shall be based on the business`s revenues from the last three (3) full months of operations with minimum monthly revenues of $5,000 required to apply for the funding program.
- The B/A Group LLC is an ISO Partner to business funding providers. The actual program funds will be offered by this source.
- Underwriting of a funding program request shall normally be completed within 24 hours of the submission of the request with funds sent via ACH the following business day.
- Not all funding program requests are approved and those that are may be at an amount that is less than the requested amount.