Revenue-based financing advances a lump sum against your future deposits and is repaid as a share of them, so the payment moves with your receipts instead of staying fixed. In Fort Lauderdale that matters more than it does in most markets, because so much of the local economy runs on a season.
Jon Lynch Financial Group is a broker, not a direct lender. We place your file with funders and are paid by the funder on close. There is no upfront fee to you, and prequalification is a soft pull only.
Broward's revenue calendar is lumpy in a specific way. Marine and yacht services load up before and during the winter season and the boat show; hospitality and restaurants along Las Olas and the beach swing with tourism; and trades work follows both. A fixed monthly loan payment set against a February month becomes a problem in August. Revenue-based financing flexes with deposits, which is why it fits a seasonal book better than a term loan — though it is not cheaper for that reason, and you should compare the total cost either way.
Three to six months of business bank statements, and within them: total monthly deposits, how many separate deposits make up that total, average daily balance, and negative days. Time in business matters, but consistency matters more. A marine-services company with a strong season and a thin summer is a familiar shape to funders who work this market — the thing that hurts a file is unexplained volatility, not seasonality you can describe.
It changes the timing problem, not the underwriting. Freight, drayage and warehousing businesses near the port typically invoice on 30 to 60 day terms while paying fuel and drivers weekly. That gap is the reason for the capital, and it is worth stating plainly in the file, because it explains why a profitable operation is short of cash. Where the receivable is clean and the payer is creditworthy, invoice factoring may price better than an advance — we will say so if that is the case.
Commonly same-day to about three business days once a complete file is in front of a funder. The delay is almost never underwriting; it is assembling the file. A signed application plus the three most recently closed months of business bank statements is usually the whole package for a revenue-based decision.
An existing position does not automatically disqualify you. Funders measure capacity — whether your revenue supports another payment on top of the one you already have — so the remaining balance and the daily or weekly debit matter far more than the number of positions. If existing obligations already absorb most of your deposits, we will tell you that rather than shop the file, because adding another payment there makes the problem worse.
No. It is a purchase of a portion of your future receivables, which is why there is no fixed term and no interest rate in the conventional sense. That distinction is not cosmetic: it changes how the cost is expressed, how repayment behaves in a slow month, and which disclosures apply. If a conventional term loan or a line of credit is the better instrument for what you are doing, that is what we will point you toward.
Four questions, a soft pull only, and no upfront fee. Jon Lynch Financial Group is a broker: we place your file with funders and are paid by the funder on close, so nothing is charged to you to apply.
Start the prequalification · Florida business financing · Revenue-based financing in Miami · Funding questions