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Accessing Revenue-Based Financing with Revenued

7:09
16:20
38.8K views

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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moments back in 2008 when things were starting to crash I was demolishing a farm and the contractor that I was demolishing the farm for completely disappeared before paying his bill now wasn't insurmountable it was like 12 to1 16,000 but then right after that I had started on a massive retail Ting wall project we're talking about it was just huge and the contractor on that job owed me around $1,000 but he didn't pay his bill I had ordered all the materials I had paid all of the guys I had completed the project I had ordered all the rock I had everything done and completed and this contractor instead of paying me decided the way he was going to get out of his bill was to suum me and that's actually a strategy that contractors sometimes use and we can talk about that in another video if you want to hear that um but what that did teach me was that money makes people funny and not in a good way but you've got to have emergency backup resources ready to go just in case something like that happens now the guy we're going to talk to in just a minute I was going to give him two maybe three minutes but I started to talk to him and I'm like oh heck yeah this is a much better resource than I ever had available back in the day when we needed money we were scrambling trying to set up lines of credit let's just get into it and do this interview to prepare my company for hard times I learned long ago that I needed to have a line of credit just in case I was expecting someone to pay me and they didn't come through I still had to make payroll I still had to buy materials but now I've got Jake on here from a company called revenu and this is not a line of credit this is what I consider to be the next level up one thing better but what are you Jake yep so we're a flexible cash advance that comes with no fees so we're making the transaction very simple by just you we Finance you X you pay back y there's no black it's black and white there's no gray area in between and the real value of the product is that there's a ton of options to pay it off early at deep deep deep discounts okay so unlike a bank where you got to go in and you've got to apply and you got to bring in two years of statements uh and then you you waiting to to find out and you got to set this up ahead of time how do you guys actually establish this line of cash advance system for a contractor yeah so we streamline the whole thing so we have an easy application you go to revenu with a.com hit apply now fill out…

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