Home · Revenue-Based Funding in NYC
The short answer
Revenue-based funding gives a New York City business a lump sum that is repaid as a share of its revenue. A strong week repays more and a slow week repays less. We fund $25,000 to $5,000,000, consider owners with a FICO score of 500 or above, and do not ask for tax returns. The application takes about five minutes and starts with a soft credit pull.
Why it suits the five boroughs
NYC revenue is uneven by neighborhood and season: Midtown lunch trade falls in August, Queens and Bronx retail peaks around holidays, Staten Island contractors slow in January. Rent and payroll do not move with it. A payment tied to sales takes some of the pressure off the slow weeks.
What to compare
- The total repayment in dollars.
- How the share is collected: daily, weekly or from card sales.
- Whether the payment adjusts when sales drop.
- Any fees in the offer.
- Whether a business loan or line of credit fits better.
A worked example
For illustration only: a Queens bakery lands a recurring wholesale order from three cafes and needs $35,000 for a second oven and ingredients while customers pay on thirty-day terms. Repayment tied to the new sales bridges the gap. The offer's total repayment decides whether it works.
Not a fit when
A business that loses money every month will not be helped by more capital, and revenue-based funding suits poorly where sales are too small or irregular to support the share.
Related
See revenue-based financing in Brooklyn, New York City business loans and NYC retail funding.