What is Novo Funding?

Novo Funding offers merchant cash advances [link to What is a merchant cash advance FAQ] to help cover business expenses.


If approved, you'll receive a lump sum based on your expected sales. You repay it over time with fixed monthly payments.

Instead of interest, there’s a flat monthly rate. Your rate depends on factors like your revenue, industry, credit, and more.

You can use it to take care of your business's up front needs:

Buy inventory
Upgrade equipment
Invest in marketing
Cover short-term expenses
Make renovations