How repayment that follows your sales works for Brooklyn businesses, where it fits, and what to compare before you accept an offer.
Apply Now →Revenue-based financing gives a Brooklyn business a lump sum that is repaid as a share of its revenue. When sales are strong the repayment is larger, and when they slow it shrinks. We fund from $25,000 to $5,000,000, decisions move fast, and funds can arrive in as little as 24 hours for qualified businesses. We look at about three months of business bank statements, consider owners with a FICO score of 500 or above, and do not ask for tax returns.
Brooklyn businesses earn unevenly. Restaurants and bars swing with weather and weekends, independent retail peaks around the holidays, makers fill orders in bursts, and construction trades wait on payments from the last job. A fixed payment ignores all of that. A payment tied to revenue flexes with it.
For illustration only: a Brooklyn coffee roaster lands a recurring wholesale order and needs $40,000 for a second roaster and green-coffee stock, while café customers pay on thirty-day terms. The order is good, and the gap is the weeks between buying and being paid. Revenue-based financing can bridge it because repayment follows the new sales. The total repayment in the offer is the number to test, not the headline share.
At New York Biz Funding you apply once, in about five minutes, with a soft credit pull. Sole proprietors can apply. Revenue-based financing suits short, specific needs where the money earns more than it costs. It suits poorly a business that loses money every month, since more capital only delays the problem.
More for Brooklyn: Brooklyn business funding, merchant cash advance, working capital, same-day funding, funding with bad credit, and revenue-based financing across New York.
It is funding repaid as a share of your revenue instead of a fixed monthly amount, so the payment follows your sales. In a slow week you repay less, in a busy week more. The total repayment is set in your offer.
It can be. When sales swing with the season, a payment tied to revenue is easier to carry than a fixed one. Check the total repayment in dollars and how the share is collected.
No. We look at about three months of business bank statements, and the application starts with a soft credit pull that does not lower your score.
Yes. Sole proprietors can apply the same way as an LLC or corporation.
Decisions move fast, and funds can arrive in as little as 24 hours for qualified businesses, depending on how complete your bank statements are.
The two are close cousins. Both tie repayment to your revenue. The terms differ by offer, so compare the total repayment, the collection method and any fees side by side.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
