Got a question? We have the answerFAQs
Who Is Sprout Funding?
We’re a different kind of finance company, designed to meet the specific needs of small businesses. From having flexible terms to approval criteria tailored to small business, we champion growth by doing all we can to make securing funding easier, faster, and more manageable.
What's Revenue Based Funding?
With most bank loans, you borrow a lump sum and pay it back, with interest, in fixed monthly installments, which ignores natural fluctuations in your revenue. Revenue Based Funding is a solution better aligned with your future sales curve. For more details, please watch this short video on How Revenue Based Funding Works.
How much can I qualify for?
Every business is different, but on average, you can qualify for about whatever you do in gross sales during one month of operations in your business, up to $500K. We like to treat each business individually based on merit. It means we’re more likely to say ‘yes’ than a bank, it also means the amounts we fund may vary by need and qualification.
How long are the terms?
Repayment is typically designed to run from 3 to 12 months.
How quickly can I get the money?
We’re proud of our streamlined process. You can start your application online in minutes, and receive your funds in as little as 3 business days.
Are there any hidden or additional costs?
We’re up-front and transparent about all our fees and processes. With Sprout Funding, what you see is what you get.
Are my details safe? What security does your website use?
Like most secure sites, we use an advanced SSL key to encrypt all data sent from your browser to the Sprout Funding server. You can be sure we take the security of your information seriously.
Can I pay my balance off at anytime?
There are no penalties for paying off early. Simply contact us at 866-962-4922 if you need to discuss further.