Overview
Revenue based financing provides working capital in exchange for a fixed percentage of your future monthly gross sales until a predetermined total is repaid. Unlike traditional term loans, repayment flexes with your revenue: you pay more during strong months and less when sales dip. Falconridge Credit brokers these arrangements for North Charleston businesses, matching your cash-flow pattern to the right revenue based funding structure and simplifying the documentation process from initial application through closing.
A Goose Creek marine-parts distributor approached us last spring after a sudden uptick in orders from the Charleston Naval Complex contractors strained their inventory budget. Traditional asset based lending required collateral they'd already pledged, and their seasonal revenue swings made fixed monthly payments risky. We brokered a revenue based business loan that pulled a percentage of daily credit-card receipts, scaling naturally with their busiest shipping weeks and easing during the January-February lull when boat work slows across the Lowcountry.
Lenders typically approve revenue based loans for companies generating consistent monthly sales, often a minimum of fifteen to twenty thousand dollars, with at least six months of transaction history. Strong credit-card or ACH volume works in your favor because repayment is often automated through payment processors. Businesses in retail, food service, e-commerce, and professional services along the Rivers Avenue corridor and in the Nexton mixed-use developments frequently qualify. Falconfield Credit reviews your bank statements and processor reports to identify which revenue based financing companies will view your sales pattern favorably, then assembles the documentation package to highlight stability and growth trends.
Revenue based financing appeals to companies that experience predictable seasonal peaks or project-driven cycles. A Summerville HVAC contractor may see installation revenue spike April through September, then taper during winter. A revenue based lender structures repayment to mirror that rhythm, pulling eight or ten percent of gross receipts rather than demanding a fixed dollar amount every month. This flexibility protects cash reserves when sales soften and accelerates payoff when business accelerates.
How it works
Revenue based business funding commonly finances inventory restocking, marketing campaigns, equipment upgrades, or bridge capital between large invoices. A Hanahan specialty bakery used RBF to expand catering capacity before wedding season, knowing repayment would align with the surge in event orders. A Ladson logistics firm funded fleet GPS upgrades, repaying from the new contract revenue those tools unlocked.
Applying through Falconridge Credit starts with a brief conversation at our 5965 Core Rd office in North Charleston, SC or by phone at (843) 268-6632. We gather three to six months of bank statements, payment-processor summaries, and a simple revenue forecast. Our documentation-made-simple approach means we organize, label, and present your financials to multiple revenue based financing companies simultaneously, letting you compare offers without repeating paperwork. Approval often arrives within days, and funding follows shortly after you accept terms.
An asset based lending loan uses receivables, inventory, or equipment as collateral and typically offers lower costs. Revenue based financing requires no specific collateral pledge; instead, the lender takes a contractual claim on future sales. Businesses near Moncks Corner with limited hard assets or those unwilling to encumber equipment often prefer RBF. We also broker asset based lending and working capital solutions, so our team can model both structures and show you the trade-offs in repayment speed, total cost, and cash-flow impact.
For a full range of commercial funding options across the region, visit our North Charleston business funding hub or explore our service areas page to confirm coverage in Cane Bay, Sangaree, Lincolnville, and surrounding communities.
Related programs
Serving the North Charleston area
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Why North Charleston owners trust Falconridge Credit
