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What is United Capital Source?

Regardless of the size of your business, we can pinpoint funding solutions that cater specifically to your needs! One significant drawback of traditional small business loans is their inflexible repayment structures. Borrowers must adhere to fixed monthly payments, which can pose difficulties when businesses face income fluctuations. This variability in earnings can prevent numerous companies from obtaining conventional bank loans. This issue is particularly pronounced in sectors where businesses experience distinct peak and off-peak seasons, making stable revenue generation a daunting task. If you find this scenario applicable to your business, you might want to consider revenue-based financing as a viable option. This modern financing approach is similar to a merchant cash advance but is not restricted to companies with high debit and credit card sales. Furthermore, it can provide larger loan amounts and longer repayment periods. Typically, revenue-based business loans are easier to qualify for; the repayment structure is often tied to your sales, making it both manageable and convenient. In addition, this financing method enables businesses to synchronize their payment responsibilities with their cash flow, granting them increased financial adaptability during less profitable times. By choosing this route, business owners can focus on growth without the burden of stringent repayment schedules.

What is BackdPayments?

BackdPayments empowers merchants by allowing them to integrate net-term and installment financing options directly at the point of sale, providing terms such as Net 15/30/45/60/90 days and financing plans that can extend up to 24 months, all while ensuring that merchants receive their payments upfront and mitigating credit risk. Buyers can secure instant approvals for amounts up to $50,000, with certain circumstances allowing for limits as high as $1.5 million, and the service can be utilized seamlessly across various platforms, including online, in-person, and invoicing methods, which aids in the smooth incorporation of payment terms into any sales channel. Furthermore, BackdPayments allows merchants to maintain their existing credit application processes while benefiting from its features, including innovative QR-code application triggers, an exclusive merchant portal, and analytical tools to monitor enhancements in conversion rates. This solution is tailored to reduce revenue losses associated with delayed credit approvals, boost the average order value, and simplify the onboarding experience for buyers by offering flexible B2B payment solutions rather than requiring immediate full payments. Ultimately, BackdPayments is dedicated to enabling merchants to refine their sales strategies while providing customers with increased financial adaptability and options for purchasing. As a result, merchants can better cater to their clients' needs and foster stronger customer relationships.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

United Capital Source

Company Location

United States

Company Website

www.unitedcapitalsource.com/business-loans/revenue-based-business-loans/

Company Facts

Organization Name

Backd

Date Founded

2018

Company Location

United States

Company Website

www.backd.com/backd-payments/

Categories and Features

Categories and Features

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