Novel Funding built a proprietary system, designed with the merchant in mind, to get businesses funded fast with terms that actually fit. Below is a plain look at how it works, so you can see exactly what you gain by giving us a chance.
Any company that funds businesses quickly is taking on a large amount of risk. When defaults pile up in a certain industry, funders react. Sometimes they stop funding that industry altogether. Other times they keep funding it, but they charge a premium or they take longer to release the money.
Most merchants never see this side of the business. They feel it in the rate, or the speed, or the rejection.
Nobody expects you to know the inner workings of every industry, and certainly not the funding world, which changes constantly. When you need capital right now, you do not have weeks to study the market.
That pressure is exactly what pushes good business owners into deals that are far from ideal. So we built something to carry that weight for you.
Every time someone applies, we run their file through a system we built that constantly tracks the businesses, the funders, and the defaults moving across the market. The data is built using automated tools and manual work. The result helps us find better quality matches for you, the merchant.
We map 325+ sub-industries down to specific business types, so we can use precision when detecting funding patterns.
Which funders are active in your industry today, at what volume, and under what terms. Nothing speaks louder than watching actual deal flows.
Court filings provide early insights on defaults related to a given funder. We evaluate its potential impact on approvals or terms.
Below is a glimpse of how our system organizes the business world. 25 industries, 325+ sub-industries, each with its own description so we can speak about your business the way funders do. Have a look around.
Every funder has its own rules. Each one weighs only some of these factors, not all of them. We track every signal so we can spot the funder whose rulebook actually fits your file.
When we review your application and goals, we may find your business is better suited for a line of credit, a term loan, or another program. We will not pretend one product is the answer when another is.
Common sense says that if you are in a large or common industry, almost any funder will work for you. The reality is different. If a funder is dealing with defaults in your industry right now, you can end up paying for it.
Sometimes an entire group starts paying higher premiums because of what one company is currently dealing with. The same thing happens in funding, and most merchants never see it coming. We do.
That puts real pressure on us to use every tool we have to reach that goal as fast as possible. Give us a chance to help. You can reject anything we bring you, with no obligation.
Takes a few minutes - saved as you go. We do not sell your information.