What is a “re-up” or “add-on”?

/What is a “re-up” or “add-on”?

What is a “re-up” or “add-on”?

Merchants who are qualified for an initial funding are typically eligible for a second funding which is called a re-up or add-on based on your current balance as well as any increase or decrease in revenue from that last installment that was made.
With our In House lending program we are able to provide additional working capital to our clients on to the back end meaning they will never need to sign a new contract, supply additional paperwork other than current bank statements, or pay any fees.

By | 2017-09-29T18:41:49-04:00 January 5th, 2016|0 Comments

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