Remittance Capital Management

Name

Remittance Capital Management

Legal name

Remittance Capital Management

Website

https://remittancecapitalmanagement.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Alternative Small Business Lending

NAICS

Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Merchant Cash Advance (MCA) & Revenue-Based Financing (FSAKAGAD)

akta.pro secondary industries

Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD), Supply Chain Finance (Trade Credit, PO/Inventory Financing) (FSAKAGAE), Invoice Factoring & Receivables Finance Brokerage (FSAEAEAO), SME Trade Finance & Working Capital (LCs, Guarantees, Receivables) (FSABABAF)

Keywords

• Alternative business financing
• Small business loans
• Merchant cash advance
• Working capital solutions
• SBA loans

Headquarters

HQ city

Miami Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Business Line of Credit: Provides revolving credit lines with monthly fees. Customers pay only for the time period they use the funding. Example: 2.75% monthly fee on drawn amounts with 6 or 12 month repayment terms.
2. Merchant Cash Advance: Quick funding solution with fixed payback amounts and short-to-medium payback terms. Revenue generated through negotiated fixed repayment amounts based on qualifications.
3. Unsecured Business Loans: Loans up to $500,000 that do not require collateral. Revenue from interest and fees on funded amounts. Approval decisions in less than 24 hours.
4. SBA Loans: Loans from $50,000 to $350,000 with interest rates of 6.50% to 15%. Revenue from interest on government-backed loans.
5. Invoice Factoring: Advances on outstanding invoices to address short-term cash flow issues. Revenue from factoring fees based on customer creditworthiness and invoice amounts.
6. Startup Loans: Loans with monthly payments calculated at 1-2% of balance, with 0% interest for first year. Revenue from fees and interest after introductory period.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Remittance Capital Management provides alternative business financing and working capital products to U.S. small businesses that are unable or unwilling to obtain capital through traditional banks. The company's offering spans Merchant Cash Advance, Business Line of Credit, Unsecured Business Loans, Split Funding, Term Loans, Equipment Financing, Invoice Factoring, SBA Loans, and Startup Loans, structured through a simplified one-page application with funding decisions typically delivered within 24-72 hours. Underwriting evaluates business cash flow and current performance rather than relying primarily on credit scores, and most products require no collateral.

Product overview

Remittance Capital Management offers a comprehensive portfolio of business financing products designed to provide small businesses with access to working capital through alternative lending solutions. The product lineup includes Merchant Cash Advance, Business Line of Credit, Unsecured Business Loans, Split Funding, Term Loans (Short and Medium-term), Equipment Financing, Invoice Factoring, SBA Loans, and Startup Loans. These products are designed to serve businesses that may not qualify for traditional bank financing, with an emphasis on simplified applications, fast approvals, and flexible repayment terms tied to business performance rather than credit scores alone.

Differentiator

Problem solved

Functional benefit

Products and services

• Merchant Cash Advance A quick, flexible funding solution for small businesses offering fixed payback amounts with short-to-medium payback terms. Repayment is collected through daily or weekly micro-payments calculated against monthly sales. Designed for businesses that may not qualify for traditional bank financing; minimum FICO 500 with $5,000+ minimum monthly bank deposits, and renewal options available after 50% of the advance is repaid.
• Business Line of Credit A revolving credit facility offering flexible access to funds up to $150,000 for small businesses, with pay-as-you-go repayment. Customers pay only for the time period they actually use the funding, at monthly fees starting as low as approximately 1-2.75% of drawn amounts, with 6 or 12 month repayment windows.
• Unsecured Business Loans Loans up to $500,000 that do not require collateral such as houses, cars, or personal assets. Approval focuses on present business conditions and growth potential rather than credit score, with approval decisions issued in less than 24 hours. No minimum credit score is required for qualification.
• Split Funding Also referred to as CC Split, a repayment model that takes a fixed percentage of the business's daily credit card sales as payment. There is no fixed payback schedule or term length, with funds typically accessible within 3 business days. Requires $7,500+ monthly credit card sales and $10,000+ monthly business deposits.
• Term Loans Short-term loans for immediate cash-flow needs with quick funding and minimal paperwork, and medium-term loans with fixed repayment terms at set interest rates intended to help build business credit. Targeted at small business owners needing defined-amortization debt capital.
• Equipment Financing Loan products designed to help business owners purchase equipment needed to operate their business. Loan amounts depend on the type of equipment, and repayment terms are aligned to the expected useful life of the equipment being financed.
• Invoice Factoring A funding solution that finances businesses experiencing short-term cash flow issues by advancing payment on outstanding invoices from creditworthy customers. Pricing is structured as factoring fees based on customer creditworthiness and invoice amounts, with funding available in as little as 48 hours.
• SBA Loans Small Business Administration loans ranging from $50,000 to $350,000 with interest rates of 6.50% to 15%. Pre-qualification is available in minutes and funds can be delivered in as fast as 15 days, with simple interest, low monthly payments, no collateral requirements, and no prepayment penalties.
• Startup Loans Funding for new business owners with monthly payments calculated at 1-2% of the outstanding balance. Features 0% interest for the first year on most lines of credit, requires a credit score of 700 or higher, has no minimum business revenue requirements, requires no collateral, and offers balance transfer options to keep rates at 0% after the introductory period.

Quantifiable outcome

• Most businesses receive funding in less than 72 hours
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Referral PartnerscoreChannel Partner/ Reseller/ DistributorReferral partner program where partners with networks of small business owners (restaurants, retail shops) refer businesses seeking working capital. Partners earn referral bonuses when referred businesses get approved and funded, with compensation within two weeks of funding. Benefits include customized programs for referred businesses, quick referral bonuses, and residual income potential.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Rapid Finance: Rapid Finance is an SMB funder offering merchant cash advances, business lines of credit, and SBA loans. Comparable to RCM on product suite (MCA, LOC, SBA) and target segment (underserved SMBs).
• OnDeck Capital: OnDeck provides small business loans and lines of credit using data-driven underwriting, targeting SMBs rejected by traditional banks. Directly comparable to RCM's unsecured loan and business LOC products and similarly focused on speed-to-funding.
• Fundbox: Fundbox offers working capital advances and lines of credit to SMBs, with invoice-based advances as a core product. Directly comparable to RCM's invoice factoring and business line of credit offerings.
• National Funding: National Funding provides working capital loans, merchant cash advances, and equipment financing to small businesses. Highly comparable to RCM's product mix, especially the MCA and equipment financing offerings.
• SmartBiz: SmartBiz is an SBA-focused fintech lender providing SBA 7(a) loans to small businesses via a bank-partner model. Comparable to RCM's SBA loan product and target SMB borrower, though more SBA-specialized.
• Kabbage (American Express): Kabbage offered online working capital lines and merchant cash advances to SMBs, now operating within AmEx. Highly comparable to RCM on product mix (MCA, lines of credit), target customer (small businesses), and digital-first application experience.
• BlueVine: BlueVine provides SMB lines of credit, term loans, and invoice factoring with a fast online application. Comparable to RCM across the LOC, term loan, and invoice factoring products and the underserved SMB segment focus.
• CAN Capital: CAN Capital has historically been one of the largest MCA providers to SMBs in the US, offering working capital advances and small business loans. Comparable to RCM on MCA-led product mix and SMB focus.

Emerging players

• Biz2Credit: Biz2Credit operates an SMB lending marketplace matching small businesses with multiple lenders across loan products. Partial overlap with RCM as an SMB funding intermediary and alternative to RCM's direct-lending model.
• Accion Opportunity Fund: Accion Opportunity Fund is a nonprofit CDFI providing small business loans to underserved entrepreneurs. Overlaps with RCM's target customer (SMBs lacking access to traditional bank financing) though operates on a mission-driven model rather than MCA-driven one.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Remittance Capital Management