Frequently Asked Questions

Revenue-based funding is a simple, flexible way to get the working capital your business needs without the constraints of a traditional loan. Instead of fixed monthly payments, repayment is tied directly to your revenue. Payments adjust to your revenue, giving you breathing room during slow months. Revenue-based funding also provides significantly quicker approvals and funding. Access to funding is not based on credit score, and no collateral is required.

Final approval for Acela Funding requires a soft credit check and will not affect personal credit.

Since repayment is tied to your business revenue, payments are adjusted based on the revenue fluctuations. If your sales drop, your payments will decrease proportionately, which will help you navigate those slow months of sales. 

Your Business must be operational for 6 months and generate at least $25,000 in monthly revenue. Your personal credit score must be at least 500.

Funding amounts range from $10,000 to $2,000,000

With revenue-based financing, customers receive a sum of upfront capital, in exchange for a set, agreed-upon amount of their future revenue. There is an upfront processing fee that varies depending on the amount of capital being offered. The amount of future revenue paid also varies, based on financial history, industry, and time in business.

The amount of financing for which you qualify is determined by a number of factors including, but not limited to, your business cash flow, time in business, and your business and personal credit history.

Acela Funding can be used in addition to a traditional bank loan. As long as you qualify, we can still provide you with financing without affecting your other obligations.

As part of revenue-based funding, you authorize debiting of your bank account directly according to the amount and frequency specified in your funding agreement. Payments can be debited daily or weekly depending on your agreement.

With revenue-based financing, there is no interest and no set term, and therefore no true APR (Annual Percentage Rate). Calculating APR assumes a fixed payment amount and a fixed payment term.