FAQs

• Am I eligible for funding with Liberis?

  Your business could be eligible for funding if your business has been trading for at least 4 months, and takes at least £1,000 in card transactions a month.

• How long does it take to get funding?

  We understand that business moves quickly and in order to grab hold of opportunities as they arise, receiving funding quickly is important for many of the businesses that apply. That's why we aim to fund applications within 24 hours^[4].

• What is the cost?

  Unlike traditional finance, you get one fixed fee that never changes which means no interest or late fees.

  The fixed fee will be determined based on the advance amount combined with the percentage you pay (%) as part of your daily revenue. This approach means that fees are transparent and taken in line with your cashflow.*

• Is there a minimum monthly payment?

  While there's no set monthly payment, you'll need to make a minimum monthly payment between 1-3% ^[4] of the total funding amount depending on how long we expect you to have an open balance.

• Will the application impact my credit score?

  Your credit score is not affected by applying for Revenue Finance. Taking out Revenue Finance may affect your credit score.