🚀 fast access to capital
🏷️ early payment discounts
💰 low competitive fees
💁 dedicated success specialists
🤑 earn cashback rewards
Loot
Revenue basedfinancing
Quick approvals, no hard credit checks, zero obligations.
Credit Score Not Affected
Are you a small business owner looking for a quick and convenient way to access working capital?
Look no further than our Revenue Based Financing product! Our innovative solution is designed to help small businesses thrive by providing fast, flexible, and hassle-free funding.
What is a revenuebased financing?
Why choose revenue based financing?
Simple
application
5 minute online application. No document uploads necessary.
High approval
rates
We approve in every state and nearly any industry.
Same day
funding
Funds can be sent to your business bank account as fast as the same day.
No collateral
required
No need to pledge collateral of any kind.
Early pay discount
Loot offers industry leading early payment discounts on the revenue based financing product so you can
comfortably use us to cover the really short-term working capital gaps.
Pay off within 30 days
Fee's outstanding are reduced by
50%
Pay off within 60 days
Fee's outstanding are reduced by
25%
How doesrepayment work
1. Daily debit
better for businesses with lower daily balances.
2. Weekly debit
better for companies with higher daily balances.
To be eligible, check that youmeet the criteria below.
Requirements are checked automatically during your online application
and when you connect your bank account. You will not need to provide
us with any documentation.
Time in business
Since registration
Minimum 6 months
Annual revenue
Minimum $25,000
Number of deposits
Individual deposits per month
4 or more
FAQ's
Loot Revenue Based Financing grants your business working capital in exchange for a portion of your future revenue at a discounted rate. Your small businesses can apply online, and if approved, we'll transfer the funds to your provided business bank account, sometimes as fast as the same day.
To be eligible you must have annual revenue of at least $50,000 and have been operating a minimum of six months. We approve all industries except cannabis and gun/ammo related businesses.
We do not have a minimum credit requirement for Revenue Based Financing.
Loot Revenue Based Financing offer quick working capital that you can use for any type of business expense
Yes, they are the same, just with different terminology.
Revenue Based Financing involves purchasing a portion of your business's future revenue at a discount, providing upfront working capital. In contrast, a small business loan is a traditional lending arrangement where your company repays the loan with fixed payments.
Revenue Based Financing is a factoring product with a fixed fee that you see upfront. Typically the total payback on a $10K revenue based financing would be between $12K to $14K. The fee is based on several factors including the industry, revenue and size and health of cash flow.
This is a type of factoring product, and does not have an APR.