Rev&U™ vs Traditional Bank Loans
Traditional bank loans | |
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One fixed fee for duration of the cash advance. No admin charges, interest or late fees. | Interest based on loan duration. Admin and late fees applicable. |
No fixed term with flexible repayment period depending on your sales. | Fixed repayment period. |
Flexible repayments tied to sales performance. | Fixed repayments regardless of business performance. |
No security required. | In most cases security is required. |
No business plan required. | Business plan always required. |
Approval within 24 hours. | Approval normally takes weeks. |
Funding is made within days. | Funding usually takes weeks. |