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Flex Line by Revenued

Flex Line by Revenued

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Finally a card built for all businesses, including those with subprime credit – the Revenued Business Card + Flex Line. With instant approvals and flexible spending limits that are based on your business revenue.

Nav's Verdict

Cost

LowHigh

Effort to Apply

EasyDifficult

Funding Speed

MonthsMinutes

Repayment Terms

MonthsYears

5/10

Bottom Line

Revenued utilizes revenue-based financing to provide working capital to businesses based on their revenue, not traditional factors like an owner’s personal credit score. Since launching, they’ve provided over $1 billion in funding to 30,000 + small businesses. Expand your access to working capital while only paying for what you use with the Revenued Flex Line.

Pros

Use as much as you need. Only pay interest on the amount you use. Very quick and fully digital application and funding process.

Cons

Not ideal for startups or lower monthly revenue businesses. Cost can be higher than other Lines of Credit

Qualification requirements

Time in Business

At least 6 Months in Business

Annual Revenue

At least $120,000 annual revenue

Other Requirements

You must have a 600+ credit score and no bankruptcies in the past year

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Cost

Factor Rates: 1.07 - 1.49

Repayment Terms

6-12 months

Funding Amount

$5,000 - $250,000

Application

All digital. May require some phone communication.

Funding Speed

Within 24 hours

Application Fee

1%

Reviews

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Reviews are not provided or commissioned by the credit card, financing and service companies that appear in this site. Reviews have not been reviewed, approved or otherwise endorsed by the credit card, financing and service companies and it is not their responsibility to ensure all posts and/or questions are answered.