"Revenue-based financing" means two different things, and only one of them applies here. Nationally, in startup and software circles, the term describes ARR-based funding from firms like Capchase, Lighter Capital, and Pipe — capital advanced against recurring SaaS subscription revenue, usually for venture-backed companies. That is not this page, and it is not what the term means in Miami's small-business market.
Here, revenue-based financing is a purchase of a business's future receivables, repaid as a fixed percentage — typically 8% to 20% — remitted from ongoing bank deposits, whatever mix of card batches and ACH makes up your revenue. It carries no interest rate and no APR; the cost is fixed at signing and expressed as a factor rate. Core placements are Miami businesses running $50,000 or more a month in deposits; most deals close between $20,000 and $200,000 a month; a dedicated program exists below $20,000. The rest of this page is about that version — the one that actually applies to a Miami operator.
In this market, revenue-based financing is a purchase of a defined amount of a business's future receivables in exchange for upfront capital. It is not debt: there's no principal balance accruing interest, no interest rate, and no APR. The price is fixed at signing as a factor rate — commonly 1.15 to 1.49 — and repayment happens by remitting a set percentage of deposits, typically 8% to 20%, until the purchased amount is satisfied.
The mechanics are close enough to a merchant cash advance that funders often use the terms interchangeably. Where the label tends to actually differ is in how deposits get counted — "revenue-based financing" more often signals a funder blending card batches with ACH and other deposit types, rather than reading card volume alone.
Search "revenue-based financing" outside a local context and most of what surfaces describes a different product entirely: capital advanced against a SaaS company's recurring subscription revenue, sized off monthly or annual recurring revenue, from specialty funders like Capchase, Lighter Capital, and Pipe. That version targets venture-backed or growth-stage software companies with predictable, contract-based billing — a fundamentally different revenue shape than a Miami restaurant, freight forwarder, or general contractor produces. Confusing the two isn't a small mix-up; the underwriting, the providers, and the businesses they serve don't overlap.
| SaaS / startup revenue-based financing | Miami small-business revenue-based financing | |
|---|---|---|
| Underwritten against | Recurring subscription revenue (MRR/ARR) | Actual bank deposits — card batches, ACH, or blended |
| Typical business | Venture-backed or growth-stage software company | Hospitality, retail, construction, logistics, professional services |
| Common providers | Capchase, Lighter Capital, Pipe | Commercial finance funders, typically reached through a broker |
| Repayment | Percentage of recurring billing, often monthly | Percentage of deposits, often daily or weekly |
A funder reviews three to six months of business bank statements and sizes an offer against average monthly deposits — commonly a range of 75% to 125% of that average for a business with a year or more of clean history. The advance is delivered as a lump sum. Repayment is a fixed percentage of deposits remitted on a set cadence, often daily or weekly, through an ACH pull or a split-funding arrangement with your card processor. Total cost is fixed at signing via the factor rate; the holdback percentage determines how fast it's repaid, not how much.
Funders differ on this, which is part of why the label varies from one to the next. Some read card-processing volume only. Others — and this is closer to what "revenue-based" tends to signal in Miami — count total bank deposits: card batches, ACH payments from B2B clients, wires, and other inflows, giving a fuller picture of a business that doesn't run primarily on card swipes, like a logistics operation invoicing on net terms or a contractor collecting draws by ACH. That distinction matters directly for sizing: a business with modest card volume but strong total deposits may qualify for meaningfully more under a total-deposits read than a card-only one.
| Deposit type | Typically counted? |
|---|---|
| Card batch settlements | Yes |
| ACH payments from clients | Yes, under a total-deposits read |
| Wire transfers into the business account | Often, reviewed case by case |
| Transfers between the owner's own accounts | No — excluded as internal movement |
| Loan or advance proceeds from another funder | No — excluded as financing, not revenue |
The percentage stays fixed; the dollar amount doesn't. If a business remits 12% of deposits and a slow month brings in $60,000 instead of a typical $90,000, that month's remittance runs roughly $7,200 instead of $10,800 — smaller, automatically, without a renegotiation or a missed-payment conversation. The total amount owed doesn't change and the timeline extends slightly, but the immediate cash-flow pressure eases in step with the slow month itself.
That's the structural trade-off worth naming plainly: flexibility on the month-to-month number, in exchange for a fixed total cost that doesn't reward paying early the way a term loan's interest would.
Core placements are Miami businesses running $50,000 or more a month in deposits — that's where the widest set of funders compete and pricing is most favorable. Most deals that actually close fall between $20,000 and $200,000 a month. Below $20,000 a month, a dedicated program exists; it's a different structure, not a rejection. Time in business matters too — most funders want roughly six months of bank history before they'll read a trend at all.
For the closely related structure priced primarily off card volume specifically, see Merchant Cash Advance in Miami — the two products overlap enough that the right one for your business often comes down to how your deposits are actually composed.
Miami business, real numbers. Send bank statements and get a straight read on what's actually available, based on total deposits — not just a guess from card volume alone.
See your options →No credit pull to talk. Business-purpose financing only. Prefer to estimate first? Run the numbers →
Under $20K a month in deposits? Most of what's above is priced for businesses doing $50K or more a month in deposits — that's the core of what we place. Funding doesn't stop below that line, though; the structure just changes. There's a program built for exactly your revenue level, and the same rule applies either way.
See what you qualify for →Handled through a funding partner. No upfront cost, and we're paid only if it funds.