How to Apply for Revenue Based Business Loans
So, how do you apply for a revenue-based business loan? It’s just like applying for any other type of alternative business loan, but at First Down Funding, we strive to make the application as easy and straightforward as possible.
Consider Your Needs
First, think about your funding needs. How much funding do you need, and what will you use that funding for? This step is more important for revenue-based financing than it is for other business loan types. Remember that a revenue-based business loan is meant to grow your revenue, so think about how your loan can accomplish that purpose.
Gather Your Documentation
To apply for a revenue-based business loan, you’ll need the following documents:
- Driver’s license
- Voided business check
- Bank statements
- First Down Funding 1 Page Application
Submit Your Application
Next, all you have to do is fill out your application. One of our experts will call you to go over your options and figure out the best way forward. After that, you can finalize your application. You’ll hear about your approval within 24 hours. If approved, you may receive your money in just a few business days.