Small Business Funding

Get up to $250,000 in cash to grow your small business.

What Exactly is Small Business Funding

Small business funding is exactly as it sounds — it is funding that is provided to a small business. In today’s alternative funding market, businesses have plenty of options at their disposal when it comes to gaining extra capital for their operations. Many of these business owners are tired of approaching banks in search of funding, and of the high interest and low approval rates of mainstream lenders.

This is where an alternative option like the small business advance comes in. This funding option involves applying for a cash advance against your projected future earnings. The advance means you can leverage the benefits of these projected earnings sooner rather than later.

To qualify for this business funding, you will simply need to disclose your monthly receipts to show that you are able to repay the funding. The process is far quicker and more straightforward than other types of funding, and it does not require that you or your business have perfect credit.

Whether you have been in business for ten years or only ten months, you may still be able to access between $3,000 and $1.5 million, depending on the level of capital outlined in your monthly credit card receipts.

The nature of small business cash advances means that you can treat them like an ongoing credit facility. Provided that your credit card receipts keep on demonstrating your ability to repay the loan, you will be able to draw more from your advance. What’s more, there are none of the delays or restrictions associated with gaining capital from a bank or another mainstream funder.

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We Help Small Businesses With Working Capital Funding For Short & Long Term Projects

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How Does Small Business Funding Through Cash Advance Work?

The cash advance is delivered via a relatively simple process. Here at First Down Funding, we assess your credit card receipts to help us understand how much of an advance you will be able to repay. Then, we purchase a portion of your sales at a discount, adding this amount to the value of your capital.

Repayment is processed via an automated process, with a small amount of the funding delivered back to us every time you receive a new credit card payment. In other words, we get paid only once you get paid, making it easy for you to service the funding repayment.

Let’s say you need $15,000. The First Down Funding team may purchase a portion of your sales from you for $27,000. The automated process deducts the repayment from your sales. The rate of repayment can be as low as 8%.

The PlayBook by First Down Funding
Overview, Calculations and Case Study

How Does a Cash Advance Benefit Your Business?

  • You’ll be able to gain the capital you need with no upfront collateral.
  • There is no need to have a strong credit rating, or to undergo any kind of credit check.
  • The process is quick and easy. You’ll hear back from our team within 48 hours of filling out your application, giving your organization the agility you need to act in the right way.
  • The cash is also delivered quickly, and it is generally in your account within 48 hours.

As you can see, agility and flexibility are the orders of the day here. You will be able to act quickly to take advantage of great deals from stockists, or to position your business at the forefront of your market with a new product or service launch. Build your revenue, get ahead — do all this with the funding you need.

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We Help Small Businesses With Working Capital Funding For Short & Long Term Projects

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Why Choose First Down Funding?

We do things differently from other funding providers. Our teams are trained to get to know each and every one of our business clients, understanding their needs, and then working with them to achieve the right kind of funding.

We work with you to develop a plan that works for you, outlining pre-approval options so you are always in the driving seat. The solution we offer to you is the one that is the best for your business.

As well as an 88% approval rate, we also go out of our way to ensure that our application process is as streamlined and easy to follow as possible. This means no barriers to funding, and a clear path to the capital you need.

Another winning element of our service is the repayment plan. We don’t cripple your business with unreasonable repayments. Instead, we keep the percentage low and automatically reclaim the capital from each credit card payment you will receive with our state-of-the-art system. With this method, there are no missed payments, and when the advance is repaid, the repayments cease.

No hassle. No trouble. No worries. We help businesses — we do not overwhelm them with yet more debt.

Here’s a quick rundown of what you can expect from us.

  • Rapid approvals, often with only a few days
  • No collateral required upfront, no need for an extensive credit history
  • Receive up to $1.5 million from your advance
  • Approval rates of over 88%

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