Flex Funds Advance

Overview of the Flex Funds Advance program:

Flex Funds Advance is a fast and accessible way to fund whatever the business needs. Great for seasonal businesses and ideal for planned projects or investments, they range from $5,000 to $300,000. The funds will be deposited in your business bank account and ready for use in as little as 24 hours. And unlike a traditional term loan, your repayment size will vary based on a percent of your daily card sales and your cost of lending is fixed up front and will not go up, no matter how long it takes you to repay your advance.

Benefits of the Flex Funds Advance program:

• The cash advance can range from $5,000.00 to as high as $300,000.00 which can be used to any purpose within the desire of the business.
• A flexible repayment based on a % of your daily sales. Pay back faster when sales are strong and benefit from smaller payments when business slows down.

Eligibility criteria of the Flex Funds Advance program:

• To qualify for business financing with Journey Capital:
• 1) Your business must be based in Canada.
• 2) You must have a business bank account with a Canadian financial institution.
• 3) You must have business history of at least 6 months, with you as the business owner.
• 4) You must make a minimum of $100,000 in annual sales.