Glossary

FundKite Glossary of Business Finance Terms.

Consolidation Deal

FundKite would make an offer to purchase an existing position, or several existing positions, and have the merchant net in excess of 50% of the amounts being purchased. For example, a merchant has two positions with an outstanding debt of $50,000. In order for this program to work, the merchant would need to qualify for a minimum of $100,000 so that after the $50,000 in positions were purchased, the customer would still net $50,000. FundKite buys out up to 5 positions.

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Liquor Store
Funding Options

From $100,000 to $2,000,000

Fundkite is a game changing institution dedicated to helping small businesses reach their maximum potential.

1-877-502-5003

Disclosures

1. Our products are purchases of account receivables and are not business loans.

2. FundKite can approve you in as little as 2 business hours for up to $2,000,000 when we are able to obtain your business data and verify your bank account.

3. Once final approval is made funds will be available in your account within 24 hours.

The information provided through FundKite does not constitute legal, tax, financial or accounting advice, and should not be considered a substitute for obtaining competent personalized advice from a licensed professional. You should seek professional advice before making any decision that could affect the financial health of your business.