Revenue Advance

Get up to $1.5 million upfront in as little as 24 hours. Approvals based on your expected future sales. No collateral requirements.

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Revenue advance aka merchant cash advance (MCA)

Seize opportunities with working capital

Cover cash flow gaps with a tailored plan based on your projected revenue. Pay back based on business performance.

Amounts & terms

From $5,000 up to $1.5M

Terms up to 24 months with prepayment discounts

Payment schedule

Daily, Weekly, or Semi-Monthly

Requirements

Time in business: 1 year (U.S.)

600 FICO score

$10k+ monthly revenue

Funding time

In as little as 24 hours of acceptance

Get instant working capital with revenue advance

VOX value

Receive the funds you need to grow your business, even if you’ve been turned down for a traditional bank loan.

Fast approval

Fast approval

Get funds in as little as 24 hours with our short application and streamlined processes.

Flexible repayment

Flexible repayment

Choose daily, weekly, or semi-monthly. ACH, credit cards, and blended options to match your cashflow.

Affordable

Affordable

Extensive prepayment discounts; 50% refinancing to receive more capital without starting over.

Full service

Full service

Get personalized attention with full-funnel in-house services, from underwriting to onboarding to collections.

Use cases

Grow your business without sacrificing financial stability.

Open new locations

Launch new storefronts, move into larger facilities, and enter geographies where your business is in high-demand.

Payroll and staffing

Onboard new employees, handle seasonal hiring surges, train advanced skills, and staff up for major contracts.

Upgrade technology

Boost efficiency with advanced tools. Deploy products that meet the needs of tech-savvy customers.

Fund marketing campaigns

Seize timely marketing opportunities to get a leg up on the competition.

Equipment purchasing

Replace aging equipment and purchase new tools to meet the needs of your business.

Cover cash flow gaps

Prevent seasonal fluctuations, emergencies, and other hardships from impacting your day-to-day cash flow.

How does a revenue advance compare?

Use the right drop down to compare products.

Compare with:
Funding Time
24-48 hours
Terms
Up to 24 months with pre-payment discounts
Amount
$5,000 – $1.5 million
Eligibility
1 year in business (U.S), 600+ FICO score $10K+ monthly revenue, business checking account
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Compare with:
Funding Time
Approved invoices paid within 24-48 hours
Terms
3-36 months
Amount
80-90% of invoice value up to 90 days before customer payments
Eligibility
1+ year in business; $10K+ monthly revenue; invoice-heavy business
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Need help deciding?

Talk to our team.

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Pros and cons

See if a revenue advance is a fit for you.

Pros:

  • Quick approvals: Applications can be approved in just a few hours with funds deposited same-day.
  • Flexible repayment: Payment structure tied to revenue, putting less strain on balance sheets.
  • Minimal paperwork: Complete your application in as little as 5 minutes.
  • Flexible eligibility requirements: Meet the needs of business owners turned down by banks
  • No collateral needed: Generally unsecured, there is no need to pledge real estate or other hard assets, ideal for asset-light businesses.

Cons:

  • Cost: Overall cost may be more expensive than bank loans.
  • Not ideal for all business types: Works best for merchants with credit card volume, like restaurants and retail.
  • Potential to get trapped in a cycle: Some businesses end up taking out one cash advance to cover another.
  • May be personally liable: Although balance sheet requirements are minimal, many advances require personal guarantees.

How a revenue advance works

Fast, simple, and transparent, your funds maybe deposited in as little as one day.

Featured case studies

  • How VOX Helped a Small Business Keep Fur Friends Fit & Pet Parents Safe

    After being turned down by banks for a loan, a small pet business owner turned to VOX Funding. She received her first advance in days, helping her expand core pet-walking services to meet immediate demand, stabilize operations while competitors closed, and power vertical growth

    Read Full Story

    Fundings
    Years Working Together

FAQ

Can’t find the answer you’re looking for? Feel free to contact us.

A revenue advance is a type of business financing where a company receives money upfront and repays it as a percentage of future revenue instead of fixed monthly loan payments. It is sometimes referred to as a merchant cash advance or MCA. It is also considered a revenue-based financing product.

A revenue advance is not a loan, it is a purchase agreement. A funder purchases a percentage of a company’s future receipts or sales over time in exchange for providing that company with upfront money.

Revenue Advance

Loan

Payments vary with revenue

Fixed monthly payment

Uses factor rate (e.g. 1.3x)

Uses interest rate

Shorter term

Longer term

Easier approval

Stricter underwriting

Modification is available based on revenue changes

Less flexible with fixed terms

Payments (or remissions) of revenue from merchant to funder are based on a percentage of daily, weekly, or monthly sales. There is a process, called “reconciliation,” where remission amounts adjust depending on the amount of sales in a given time period. As a result, there is an “indefinite term” for the agreement (i.e., the term of the agreement may be shorter or longer than what is originally envisioned).

With a loan, the fixed amount you borrow is repaid (principal and interest) over a fixed term with fixed monthly payments (usually).

Although the terms may be used interchangeably, there are distinctions between a merchant cash advance (MCA) and a revenue advance.

Revenue advance is a broader term: all merchant cash advances (MCA) are revenue advances, but not vice-versa.

A revenue advance requires proof of revenue coming in, while a merchant cash advance can be a little more flexible and may use additional factors to determine eligibility.


Also, an MCA requires that a business accept credit card payments. With a revenue advance, a business owner can accept broader payment methods.

Revenue based financing uses a factor rate, not interest rate like a typical loan. A factor rate is expressed as 1.2x or 1.3x. Factor rates vary per a funder’s criteria and underwriting processes. While you receive funding faster, all-in pay back tends to be higher than a loan with interest rates and assets for backing.

Projected business performance influences the terms of a revenue advance. If you anticipate getting behind on cash flow it is best to notify the funder to adjust your original terms (one reason these are a “flexible” type of financing) which will do what is called a “reconcilliation” to verify your current cash flow.

If you do default, some funders will require the full balance immediately with additional fees and interest. Their collections department will reach out. The situation could even escalate to litigation.

We encourage business owners to reach out if your performance changes. Because a revenue advance is based on future business performance, a funder should adjust your terms to reflect your current situation.
VOX Funding does a reconciliation process. During it, we will request some documentation, such as recent financial statements or tax returns to illustrate your current business health. Then together work out a payment plan that works best for both of us.

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