FundKite’s all new Short and Sweet Program is our short term solution for super rate-conscious clients with interim funding needs.
Getting additional capital for a business can be a hassle. To ease this frustration and to help merchants meet their smaller goals, FundKite recently developed a new financing option that still allows businesses to increase their revenue to achieve their short term expansion goals without the burden of a long term commitment. Most cash advances extend terms from 6-12 months, with prepayment options that rarely make a difference in the decision making process.
The Short and sweet program has a low factor rate with a 6 – 8 week payback period. The buy rate is lowered because FundKite gets paid back quickly, thereby minimizing risk and exposure. In addition, it allows business owners to achieve the growth they desire without paying a higher rate on money they don’t necessarily need, with the extra benefit of an earlier renewal process if more capital is required. This program can also bring a merchant down to do a reverse consolidation or a standard buyout, both very crucial financial options for businesses looking for a debt relief solution. Short term funding doesn’t have to be expensive with our Short and Sweet Program!
This program can also be used as a bridge to more traditional capital by helping those who need quick turnaround and quick cash flow until another form of revenue kicks in. FundKite’s new program creates an easy way to get extra cash flow for businesses in all types of industries.
To find out if this program is right for your businesses, apply online to speak with a funding specialist here.
To read more about other financing options with FundKite, click here for information on our proprietary reverse consolidation program.
If you are an ISO with a merchant that could benefit from this deal, please contact us here.