How much funding do you need?

90,000
$5,000 $200,000

What delivery frequency works for you?

Weekly Payment Amount

$424.00
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Applying will not impact your credit score

This calculator assumes approximately a 12-month estimated delivery frequency period and factor rate of 1.2. Calculation excludes purchase fee. Factor rate amount may vary based on your application information.§

Purchase of Receivables

Access future revenue today.

Use Your Future Sales to Get Working Capital Today

The Business Backer's purchase of receivables makes it simple to access future revenue. If approved, you'll get a lump sum of capital — known as the disbursement amount — in exchange for a fixed percentage of your business's future receivables (revenue). Unlike a standard merchant cash advance which only accepts credit card transactions, your payment deliveries can come from cash, checks and credit card sales.

Apply today for a purchase of receivables, get a decision and, if approved, get your funds in as soon as 24 hours.* We'll work hand in hand with you to determine a payment delivery frequency that's right for your business.

$200,000

Maximum Funding Amount

Delivery amounts based on expected revenue
Daily, Weekly or Semi-Monthly

Delivery Frequency

Factor rates starting at 1.2 + 1% – 3% purchase fee for 12-month period§

For highly qualified applicants

Minimum Qualifications

1 Year

Time in Business

$180,000

Annual Revenue

550+

Credit Score

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Applying will not impact your credit score

Understanding a Purchase of Receivables

A purchase of receivables agreement (PORA) is not a loan. It's a financing agreement where we purchase a percentage of your future revenue. In exchange, you receive a lump sum of funds. Think of it as a cash advance on your business's future revenue. You can even request a change in payment deliveries if your revenue fluctuates.

Funding Amount

The funding amount you're approved for, minus the purchase fee. Also known as "purchase price."

Future Receivables Purchased

The total amount of future revenue we purchase from you. Also known as "purchase amount."

Purchase Fee

A one-time fee of 0% – 3% deducted from your funding amount.

Disbursement Amount

The lump sum of capital you receive.

Predicted Delivery Time

The amount of time we estimate you'll deliver payments to us until you meet the total cost of capital.

How a Purchase of Receivables Agreement Works

To calculate a purchase of receivables, you'll need to start with a factor rate. A factor rate is a simple multiplier that determines the cost of a purchase of receivables agreement. The actual factor rate you qualify for depends on information in your application like annual revenue, how long you've been in business and your business's financial history.

For example, if you're approved for $10,000 in funding and have a factor rate of 1.2, you multiply those two numbers together. That determines your future receivables purchased, which would be $12,000.

$10,000

Funding Amount

1.2

Factor Rate§

$12,000

Future Receivables
Purchased

To figure out the total amount of capital you'll receive (the disbursement amount), take your approved funding amount and subtract the purchase fee. For this example we've used a 3% purchase fee.

$10,000

Funding Amount

$300

3% Purchase Fee

$9,700

Disbursement Amount

With your future receivables purchased and disbursement amounts calculated, you can then determine the total cost of your purchase of receivables agreement.

$12,000

Future Receivables Purchased

$9,700

Disbursement Amount

$2,300

Cost of Funding

The Business Backer's Purchase of Receivables Benefits

You Can Adjust Deliveries If Revenue Changes

We'll work with you to adjust your payment deliveries if your revenue suddenly changes.

You Can Apply for Additional Funds

You only need to submit two recent bank statements to apply for new funds.

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Applying will not impact your credit score