To help make the process as clear and straightforward as possible, we’ve compiled answers to some of the most commonly asked questions about our funding solutions, including Revenue-Based Financing, Working Capital Funding, and more.
Whether you’re new to business financing or simply looking for more details on how our services work, this FAQ section is designed to provide quick and helpful answers. If you don’t find what you’re looking for here, feel free to reach out to our team for personalized assistance.
Revenue-Based Financing is a type of funding where a business receives a lump sum of capital in exchange for a percentage of its future revenue. It’s a fast and flexible way to access capital, especially for businesses with consistent revenue streams or fluctuating sales.
Unlike a traditional loan, Revenue-Based Financing does not have fixed repayment terms or require collateral. Instead, repayments are made as a percentage of your daily or weekly revenue, which means you pay more when your business is doing well and less when it’s slower.
Eligibility is primarily based on your business’s revenue and future sales projections, rather than your personal credit score. If your business has consistent cash flow and has been operating for a few months, you may qualify for funding.
Once your application is approved, you can typically receive the funds within 24 to 48 hours. Our streamlined process ensures that you get the capital you need without long wait times.
The funds can be used for a variety of business needs, including purchasing inventory, covering payroll, marketing campaigns, expanding your operations, or managing unexpected expenses.
The amount of funding you can receive depends on your business’s monthly revenue and the specific type of funding you’re applying for. Revenue-Based Financing is often based on a percentage of your future revenue.
No, applying for funding with Mammoth Funding Group will not negatively impact your credit score. Our funding options are based more on your business’s performance rather than your personal credit history.
Yes! We understand that not all businesses have perfect credit. Our funding decisions are based on the overall health of your business, including its revenue and sales trends, not just your credit score.
Applying is simple. You can fill out our online application form, provide basic information about your business, and submit your recent sales history. Our team will review your application and get back to you with a funding decision, usually within a few hours.