Boopos gives entrepreneurs the peace of mind they need to run their online businesses by providing flexible revenue-based financing and a robust online revenue-based business loan platform to track and manage repayments.
What is revenue-based financing? Revenue-based financing allows businesses to receive a business loan based on revenue.
Not only is our loan application process much simpler that an SBA loan , we also provide you with revenue-based finance options designed to work with your revenue cycle.
Our lending experts work with each new business owner to set up a flexible monthly payment schedule that is tailored to their to suit their growth. Monthly repayments for revenue loans increase as your revenue climbs, and decrease as your revenue drops.
Once you have received funding to acquire an existing business, we allow up to 5 years to repay revenue-based loans.
There are no penalties if you choose to prepay your loan. Instead, our revenue financing options offer a discount for faster repayment. We will even help startup owners refinance their small business acquisition loan if it makes sense for their type of business.
Upon getting funded, we will assign you a dedicated account manager who will serve as your contact point, ready to help and provide service whenever you need assistance or information regarding your revenue-based business loans.
Borrowers also get access to a customizable dashboard to help them manage their acquisition portfolio. The dashboard serves as a centralized command center from which to control your loan applications, loan amounts, repayment terms, cash flow, and more. Small business owners can easily track monthly revenue estimates and loan payments.
We are an online lender with a proven track record in online business acquisition financing. Contact us and we’ll be happy to discuss revenue-based lending or any other of your funding needs.