Commonly asked questions

What types of financing does flo offer?
We offer a diversity of financing solutions based on your specific business goals and needs. All of our solutions are non-dilutive, meaning you won’t have to give up any precious equity within your business. Dependent on your preference, we can arrange a financing instrument that’s unsecured, or one that’s secured by collateral like receivables or equipment.
How is flo different from other lenders or brokers?
Flo was founded by entrepreneurs, for entrepreneurs. Having grown and exited from ventures successfully, we understand the importance of low-cost and flexible capital solutions that don’t dilute founder equity. Think of us as a trusted consultant for your business; we only make money by helping you obtain capital and grow. There are no upfront fees for our services and we’ve forged strong partnerships with the industry’s best lenders. Unlike others, we’re not another high-pressure loan shark offering “fast business cash advances” that often do your business more harm than good in the long run. How we engage with our clients affects our self-worth and reputation, which in turn gives us the opportunity to earn referrals and grow. It turns out focusing on sound ethics is simply good business!
What is the average cost of capital?
The average cost of capital is largely dependent on the financing solution you select. Business lines of credit and term loans often range from 4.80% to 9.80% interest – unlike a bank, these solutions require no collateral and capital can be deployed quickly, usually within a few business days.
How fast can I receive my funds?
An approval or term-sheet can be generated very quickly, sometimes as fast as same day! Final underwriting and release of funds can take 1-2 business days for business credit lines, term loans, and equipment financing. For other financing instruments like invoice financing, PO financing and construction financing, this process may take 4-7 business days.
Will flo or another lender pull my credit?
Yes. Lenders need to know the creditworthiness of their borrowers before reaching a final approval. However, flo always acts in the best interest of our clients by avoiding numerous credit pulls. While some of our competitors like to “shotgun” your application out to a bunch of dicey lenders, our approach is far more strategic. Our consultants pre-underwrite your application, so we only work with the lenders who are the best match for your business right from the beginning.
What about my existing bank relationship?
Our team will work with you to determine product eligibility. We’re very comfortable working within any existing terms and covenants put forth by your bank or investors. Often, our credit instruments act “subordinate” to any existing senior lender, which yields comfort for all parties.

Commonly asked questions

What types of financing does flo offer?
We offer a diversity of financing solutions based on your specific business goals and needs. All of our solutions are non-dilutive, meaning you won’t have to give up any precious equity within your business. Dependent on your preference, we can arrange a financing instrument that’s unsecured, or one that’s secured by collateral like receivables or equipment.
How is flo different from other lenders or brokers?
Flo was founded by entrepreneurs, for entrepreneurs. Having grown and exited from ventures successfully, we understand the importance of low-cost and flexible capital solutions that don’t dilute founder equity. Think of us as a trusted consultant for your business; we only make money by helping you obtain capital and grow. There are no upfront fees for our services and we’ve forged strong partnerships with the industry’s best lenders. Unlike others, we’re not another high-pressure loan shark offering “fast business cash advances” that often do your business more harm than good in the long run. How we engage with our clients affects our self-worth and reputation, which in turn gives us the opportunity to earn referrals and grow. It turns out focusing on sound ethics is simply good business!
What is the average cost of capital?
The average cost of capital is largely dependent on the financing solution you select. Business lines of credit and term loans often range from 4.80% to 9.80% interest – unlike a bank, these solutions require no collateral and capital can be deployed quickly, usually within a few business days.
How fast can I receive my funds?
An approval or term-sheet can be generated very quickly, sometimes as fast as same day! Final underwriting and release of funds can take 1-2 business days for business credit lines, term loans, and equipment financing. For other financing instruments like invoice financing, PO financing and construction financing, this process may take 4-7 business days.
Will flo or another lender pull my credit?
Yes. Lenders need to know the creditworthiness of their borrowers before reaching a final approval. However, flo always acts in the best interest of our clients by avoiding numerous credit pulls. While some of our competitors like to “shotgun” your application out to a bunch of dicey lenders, our approach is far more strategic. Our consultants pre-underwrite your application, so we only work with the lenders who are the best match for your business right from the beginning.
What about my existing bank relationship?
Our team will work with you to determine product eligibility. We’re very comfortable working within any existing terms and covenants put forth by your bank or investors. Often, our credit instruments act “subordinate” to any existing senior lender, which yields comfort for all parties.