Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Revenue-based loans represent an alternative form of financing that diverges from conventional business funding methods. This type of revenue-based financing (RBF) utilizes a company's sales and profit margins to secure funds for various purposes, including working capital, enhancing cash flow, managing inventory, fostering growth, and providing emergency financial support. Typically, revenue-based financing agreements are structured in several formats, commonly appearing as business loans or advances issued by approved lenders. The prevalent forms of funding associated with revenue financing include short-term business loans, invoice financing, purchase order financing, and agreements for the sale and purchase of future receivables, which are often referred to as merchant cash advances or business cash advances, in addition to royalty-based financing options. With a wide array of funding possibilities available through revenue-based financing, it’s essential to explore the various choices to find the most suitable one for a business’s unique needs. Ultimately, understanding these options can empower businesses to make informed financial decisions that align with their objectives.
Description
Impact Lender software caters to both conventional long-term and specialized short-term lending institutions, providing flexible options for users who may require either a basic back office system or a comprehensive end-to-end solution. As a prominent provider of short-term lending platforms in the UK, we outpace our competitors by serving more short-term lenders than any other software company in the region. Since expanding internationally in 2011, Impact has successfully established a presence in all English-speaking markets. Our diverse clientele includes some of the largest banks and traditional lenders, as well as peer-to-peer platforms and various niche lenders, covering categories such as secured, non-secured, bridging, and second charge loans, serving both regulated and unregulated entities alike. The versatility and reliability of our software make it an essential asset for lenders looking to enhance their operational efficiency and customer service.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
AdvancePoint
Country
United States
Website
advancepointcap.com/revenue-based-loan/
Vendor Details
Company Name
RiskFree
Founded
1999
Country
United Kingdom
Website
www.riskfree.co.uk/lender-software.php
Product Features
Product Features
Loan Servicing
Accounting Management
No
Amortization Schedule
No
Application Management
No
Auto Loans
No
Automatic Funds Distribution
No
Business Loans
No
Collateral Tracking
No
Collections Management
No
Compliance Management
No
Construction Loans
No
Customer Database
No
Fee Management
No
Investor Management
No
Loan Processing
No
Student Loans
No