A Deeper Dive on Our Flex Funds Program
Through no fault of their own, most companies simply did not have their typical cash flow over the past year. Having more working capital allows a little extra wiggle room to cover emergencies and other urgent business needs that may arise.
Flex Funds, our unique add-on program, offers merchants the ability to take additional funds [up to 30% of their original funding amount, with the same sell rate as their original offer] after three weeks of consecutive payments, assuming their sales have not deviated. This does not increase their daily payment– it simply extends their advance term.
To qualify for this add-on, merchants must meet the following parameters:
At least three weeks of consecutive payments
Has not stacked or received additional funding
We are happy to continue providing this program as a value-add for you and your merchants, especially during the economic uncertainty related to COVID-19.
If you have any questions or would like to discuss in more depth, please contact Ken Peng and Marquez Perry.
Please note: Flex Funds are limited to one time per advance