How it works
[03] steps
Apply in the morning, funded by the afternoon
That is the fastest case: same-day review when the application and documents come in early. Here is every step, and how you pay it back.
The process
Three steps
- [01]
Apply anywhere in minutes
Complete the short online form, tell us about your business and choose the amount you need, from $5,000 to $1,000,000.
- [02]
Get a decision right away
We review your revenue, time in business and cash flow to find funding options quickly. You can be eligible from 4 months in business, with options from a 500+ FICO score.
- [03]
Funding as fast as same day
Once you are approved and the documents are complete, eligible businesses can receive the money in their account as soon as the same day.
- [+]
Already holding an offer?
Send it with your application. We will explain its structure and repayment and show you the alternatives.
Paying it back
It follows
your sales
A merchant cash advance takes a share of each day's sales.
On the page: 15% of card sales over two weeks. The storm day brought in $610.40, so it paid $91.56. The last Saturday brought in $4,010.25 and paid $601.54.
Loans work differently: a fixed daily or weekly payment, set out in your offer before you sign. Terms run from 3 months to 3 years.
Either way you see the amount, the schedule and the total cost in writing first.
How we compare
A bank, a broker,
or us
Owner's figures
Revenue requirement: the owner's table gives none for Raven Lenders; your offer is built around your cash flow.
Questions
Asked before
applying
[09]
Usually not, legally. It is a purchase of part of your future sales. You repay it with a share of your daily card sales or revenue, so the payments move with how the business is selling. It usually costs more than a bank loan, and your offer shows the total before you sign.
It depends on the product. A merchant cash advance takes a share of sales each business day. Loans are repaid in fixed daily or weekly payments. Terms run from 3 months to 3 years, and the schedule is in your offer.
Possibly. Options start from a 500+ FICO score, because we weigh your revenue and cash flow, not only your personal score. FICO scores run from 300 to 850.
As fast as the same day, when the application and documents come in early. Most decisions are made the same day; from application to funds takes same day to 5 days.
The short form first: your name, phone, email, monthly revenue and the amount you need. During the review we ask for the documents that show your revenue. It is far less paperwork than a bank asks for.
No. Your file stays with us. You will not get a run of calls from brokers you never spoke to.
Yes. Send us your current offer and we will explain its structure, what the repayments will look like and what the alternatives are.
It pays off one or more existing business funding positions and replaces them with one position and one payment, so there is one debit to track instead of several.
Four months or more. A bank usually asks for two years.