Once you submit an application, a funding consultant will determine how much money you qualify for based on your average monthly sales volume along with taking into account multiple variables that go into the funding algorithm. Such as, business type and historical data from within the model.
Depending on the program your business fits in to, all options will be presented to you for absolutely no fee at all. AFN utilizes its vast network to compete for your business. A selection is made by you for the best option for your business and personal payback preferences. You will then receive the paperwork detailing the specifics of the agreement. Upon approval, the funds will be deposited directly in your bank account as early as the same business day.