What we fund, and how a file is read.
One product, sized on deposits. No tiers, no names, no menu to choose from.
One facility, no tiers
An advance measured against banked revenue and recovered from it. That is the entire catalogue. Owners occasionally expect to choose between an inventory facility and an equipment facility; there is nothing to choose between. The purpose you give is carried on the file as context for the funder and changes nothing structurally.
Sizing
Computed, not quoted. Average monthly revenue into the account sets the figure, which is why two companies of identical headcount in identical sectors can land far apart. The question that gets a real answer is what your last quarter supports.
Inputs to the read
- A quarter of revenue. Monthly totals, cadence, and direction of travel. This dominates.
- Time banked. A quarter is the floor for any assessment at all; longer records price better.
- Live commitments. What is being serviced, and the balance remaining.
- A credit band. Contextual. It rarely carries the decision.
- Signing authority. The entity, and somebody able to bind it.
Where the automation stops
Statements are parsed, months totalled, and the file assembled with nobody re-keying anything. That is the entire source of the speed. Judgement is not automated: a reviewer works the assembled file, reaches the decision, and telephones you about it. Nothing on this platform declines an application by itself.
Cost, as four numbers
Advance, total recovery, payment, number of payments. All four arrive before a signature is requested, and a reviewer reads them out so nothing depends on an attachment being opened.
Files we cannot place
- Revenue that never lands in a business account.
- An entity with less than a quarter of banked trading.
- Requests that are, on reading, domestic rather than commercial.
- Sectors our funders are prohibited from supporting - said immediately rather than discovered after a week.
Live advances
Recovery follows the schedule in the agreement. Where trading turns, telephone while a payment is still ahead of you; the room to restructure is almost entirely in front of a miss. A facility retired cleanly usually opens the door to a second, which moves quicker because the record is already on file.