Ralph DonovanSpent a lot of time rejecting offers for the ERC due to uncertainty about the funds. Daniel walked me through the process and REIL made it almost effortless on my part. I was also able to get quick funding while I was waiting for my ERC credit. I will definitely keep these guys in mind for any future financial needs.william porterWill Ducket brought me information that previously I had rejected from others. He answered my questions and provided information and a reference that allowed me to proceed and now I received my ERC payment...money I didn't have until my calls with WillValerie EmanuelThese guys are super deal makers, especially, Daniel Benjamin. Need a loan? Daniel is the business loan adviser that can get the deal done. There is very rarely a decline with the Reil Capital team.joseph Rucereto jrReil capital got me back retention credit. More then I expected there team was awesome professional And always updated me anytime I contacted themmargaret pickersgillI WANT TO TELL YOU OF MY EXPERIENCE WITH REILL AND JUAN GOMEZ. JUAN AND REIL HAVE BEEN VERY CO-OPERATIVE IN HELPING US WITH FUNDING. JUAN AND MICHELE ARE TRYING TO GET US A GRANT, WHICH AT THIS TIME WOULD BE VERY HELPFUL TO OUR BUSINESS. IF YOU NEED ANY FURTHER INFORMATION, PLEASE LET US KNOW. THANK YOU MARGARET FROM BEYOND BEAUTIUL HAIR dba ROBERT JAMES SALON, RIVERHEAD, NEW YORSubhasThanks very much for the loan you gave us. I needed very badly for the business. Ryan worked with us patiently and quickly. I like to do the business again in future.Nigel WrightDaniel is a rockstar and he will get your business exactly what you need! Highly recommend.Jacob GandzjukThank you so much to Joseph and his team! You guys are amazing and I can’t thank you enough for helping us out with the ERC as well. Hands down the best!Google rating score: 4.6 of 5, based on 28 reviews
Revenue-Based Financing differs from a small business loan in how it functions. Instead of receiving a loan, businesses get funding based on their revenue, and the repayment is linked to a percentage of their future revenue until the predetermined amount is fully repaid.
Revenue-Based Financing can be beneficial for small businesses due to its quick access to capital for managing cash flow gaps, meeting immediate financial needs, covering operational costs, and addressing urgent expenses such as inventory purchases or equipment repairs.
Businesses that meet certain requirements such as having a minimum Time in Business of 6 months, a credit score of 500 or higher, and a minimum monthly revenue of $15,000, are eligible to apply for financing
With immediate access to working finance, firms may fund their needs more swiftly. By basing payments on a portion of future receivables, payment flexibility is increased. Cash advances are suitable for seasonal or high credit card sales/receivables-heavy enterprises.
Revenue-Based Financing provides a lump sum of cash to a business. Repayment is made through a percentage of daily sales. The process involves a simple application and quick approval based on revenue history.
The amount that can be obtained from Revenue-Based Financing with REIL Capital can reach up to $5 million but is based on the business's revenue.