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Description
No matter how large or small your business may be, we can identify funding options tailored specifically for you! A major drawback of conventional small business loans lies in their rigid repayment schedules. Borrowers are required to make fixed monthly payments, which can be challenging as businesses experience fluctuations in revenue. This inconsistency in income can hinder many companies from qualifying for traditional bank loan products. Particularly in industries characterized by varying busy and slow seasons, consistent revenue generation becomes a challenge. If this situation resonates with your business, exploring revenue-based financing could be a suitable alternative. This innovative financing option resembles a merchant cash advance but is not limited to businesses with significant debit and credit card transactions. Moreover, it offers the potential for larger loan amounts and extended repayment terms. Revenue-based business loans are generally simple to qualify for, and based on your sales figures, the repayment process can be quite manageable and convenient. Additionally, this type of financing allows businesses to align their payment obligations with their cash flow, providing greater financial flexibility during slower periods.
Description
Financing options that allow for payment over time enable you to secure revenue that might otherwise be entirely forfeited. Embrace the opportunity to say “yes” to every potential client seeking your services! Our Comprehensive Payment Platform streamlines the payment process, ensuring that all customers qualify for the services they desire, with payments made in full within two business days or access to Varidi Guaranteed Payments over an extended period. When a potential client is unable to pay the full price upfront, it results in a loss of income for your business. By providing both financing options and payment plans in a unified solution, you can reach a broader audience. Varidi Financing* offers instant approvals with adaptable rates and same-as-cash deals, ensuring payment arrives within two business days, minus a minimal discount. In situations where a customer does not meet the criteria for Varidi Financing, the Varidi Payment Guarantee provides you with assurance of payment, even if that customer ceases to remit payments to Varidi. This means that even if a customer is ineligible for financing, they can still receive our payment guarantee, allowing you to receive consistent monthly payments regardless of the customer's payment status with Varidi. Ultimately, this approach not only enhances your revenue security but also broadens your customer base significantly.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
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Pricing Details
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Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
United Capital Source
Country
United States
Website
www.unitedcapitalsource.com/business-loans/revenue-based-business-loans/
Vendor Details
Company Name
Varidi
Founded
2013
Country
United States
Website
varidi.com
Product Features
Product Features
Payment Processing
ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture