Accessing Revenue-Based Financing with Revenued
At 7:09 in
How I survived the LAST economic collapse
What happens here
The speaker interviews Jake from Revenued, a company offering a flexible cash advance service designed to help small businesses access working capital. Jake explains that Revenued is not a traditional line of credit or a loan but rather purchases a portion of a business's future receivables. Key features include no origination fees, no prepayment penalties, and a focus on a business's cash flow rather than personal FICO scores or two years of tax returns. The application process is fast and easy online (Revenued.com), often providing funding decisions within 24-48 hours. Businesses need to demonstrate consistent monthly sales of at least $20,000. Funds can be directly deposited into a business bank account (via ACH) or spent using a Revenued Visa Business Card. Jake highlights that early repayment options come with significant discounts on the cost of capital (2-4 cents on the dollar), making it a much more favorable option than some traditional financing with high draw fees and origination costs.
Goal: Understand and utilize revenue-based financing as a fast, flexible emergency capital solution.
Tools and materials
- Bank Account N/A — Linking for bank verification and receiving funds via ACH
- Business Financial Records N/A — Providing necessary business information for the application
- Computer Apple — Accessing the Revenued website and application portal
- Internet Access N/A — Connecting to the Revenued platform
- Revenued Flex Line Revenued — A flexible cash advance solution for working capital
- Revenued Visa Business Card Revenued — Making direct purchases at suppliers or vendors
What they say
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What they say
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