Revenue Funding
Revenue Funding
Our Revenue Funding product allows you to turn your future sales into current working capital, so you can grow your business. This is NOT a loan product but a purchase of your businesses future revenue stream.
This works by providing your business the capital you need, in return for a portion of your future receivables. This allows the payment timeline to be tailored to the flow of business sales with variable payments and no fixed payment terms.
Things that Newport Business Capital knows about the business capital markets in the current financial climate:
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Most businesses do not have the assets required to qualify for a Bank loan.
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Even if you could qualify for a bank loan, the traditional bank loan structures do not work for most business needs.
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The maintenance and startup costs required for regulatory compliance for all government regulations means that most capital firms will not and cannot work with small and mid-sized companies.
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We know that running a business is very challenging and that having quick access to capital is paramount.
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We know that most business owners are experts in their field, but are not true experts in finance.
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We know the #1 reason for small business failure is access to capital/cash flow.
Easy
Our standard Document package consists of:
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An application
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At least three months of Bank statements
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At least three months of Credit Card Statements (If your business processes credit cards)
Quick
Aside from the simple application process, our MCA is designed to help get your business access to the working capital that you need fast.
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Your business can have access to Capital within 48 hours.
We can provide capital from $5,000 up to $250,000 based on your business volumes.
Newport Business Capital assesses your business based on performance, not your credit score.
Newport Business Capital utilizes our own proprietary technology to process your application. We decision all complete document packages within four business hours and provide your broker with your customized offer. Once you have accepted the offer and we have all of the documentation needed, you could have the funds in your business account the same business day.