Merchant cash advances of 100% to 150% of your monthly revenue.

  • Best for new businesses with a regular cash flow — regardless of your credit.
  • Pick something else if you want long-term options or flexible repayments.

    $500,000

    Max. Amount

    Details

    Product Name Fundomate revenue-based business funding
    Max. Amount $500,000
    Requirements 3+ months in business, $10,000+ monthly deposits, eligible industry

    Application Criteria

  • At least three months in business
  • Monthly deposits of $10,000 or higher
  • Eligible industry

First, do I qualify?

You only need to meet a few basic requirements to qualify for Fundomate revenue-based funding:

  • At least three months in business
  • Monthly deposits of $10,000 or higher
  • Eligible industry

Ineligible industries

You can’t qualify if your business is in one of the following industries:

  • Adult entertainment
  • Cannabis
  • Financial services and advisers
  • Gambling
  • Government agencies
  • Law firms
  • Nonprofits
  • Real estate
  • Religious groups
  • Used car sales

What makes Fundomate revenue-based business funding unique?

Fundomate offers competitively priced merchant cash advances with a fast turnaround. Its factor rates run from 1.19 to 1.38 — its equivalent starting APR is around 28%. Your loan amount and rate are based on your business’s revenue alone, making it a good option if you have bad credit or are just starting out. Typically, you can receive between 100% and 150% of your monthly gross revenue.

And while most merchant cash advance companies charge daily repayments, Fundomate also offers a weekly repayment option.

Pros

  • Low cost compared to other merchant cash advance companies
  • Easy to qualify
  • Funding as soon as the same day

Cons

  • More expensive than traditional loan
  • Maximum 18-month term
  • Not all industries qualify

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