The idea
With revenue-based financing, repayment follows the revenue you take in. Good months repay faster; slow months ask for less. It is different from a fixed-installment loan, and its total cost depends on the offer, which we do not publish on this page.
Long Beach revenue comes in three shapes
Visitor-driven
The waterfront, with the RMS Queen Mary and the Aquarium of the Pacific named by Wikipedia as attractions, brings spending that rises with weather, holidays and events. Tour-adjacent restaurants, shops and activity vendors have sales that swing by season.
Campus-driven
California State University, Long Beach is one of the largest universities in California, per Wikipedia. Businesses around a campus see the school calendar in their deposits.
Contract-driven
The Port of Long Beach is among the world's largest shipping ports, and suppliers around port and aerospace work are paid when projects finish, not when they start. A contract that slips shifts revenue weeks later.
Fixed payment versus revenue-linked payment
| Fixed payment | Revenue-linked | |
|---|---|---|
| Slow month | Same bill | Smaller bill |
| Strong month | Same bill | Larger bill, balance clears faster |
| Planning | Easy | Harder: you must watch revenue |
| Best for | Steady income | Seasonal or project income |
For illustration only: a business collecting $30,000 in a strong month and $10,000 in a weak one, repaying 10% of revenue, repays $3,000 and then $1,000. Under a fixed $2,000 payment, the weak month would take 20% of revenue. Example numbers, not our terms.
Reading your own revenue before you ask
Open your statements for the last six months and sort deposits by week. Mark the weeks driven by something outside your control: a holiday, a ship schedule, a semester break, a late contract payment. If your weakest weeks still cover payroll and rent, a revenue-linked structure has room to work. If they do not, no repayment style will fix a base that is too thin, and the first step is cost or pricing. Bring a short note on the pattern with your application; it helps the review understand why a low month is a low month and not a decline.
When it is not the right tool
Thin-margin businesses may find that giving up a share of every sales dollar leaves too little to operate on. Steadier businesses may do better with a term loan. Those who need a rolling cushion may prefer a line of credit. And businesses that sell mostly by card with steady daily deposits can compare a merchant cash advance.
What we ask for
Requests run from $25,000 to $5,000,000. We ask for about three months of business bank statements and a 5-minute application, consider FICO 500 and above, do not require tax returns, and use a soft credit pull. Funding can arrive in as little as 24 hours after approval. Sole proprietors can apply. Please review any offer in writing before accepting. Apply here.