How Do I Pay My Revenued Business Card Bill?

As a responsible small business owner, you want to ensure your bills are paid on time with minimal complications. Revenued understands, which is why we make paying for our new Revenued Business Card easier than ever. 

The Revenued Business Card is not a credit card or a loan and provides funding based on sales and banking activity, not your credit history. It offers your company access to vital working capital in exchange for future revenue. Use your card to make purchases or make a cash draw through your merchant portal.

Revenued Card bill payments are deducted automatically from your business bank account, meaning you won’t have to worry about missing a payment. 

Establish Your Merchant Portal for Financial Transparency

Once approved for your account, set-up your online merchant portal via our website using your email address. Complete your profile by following the on-screen instructions.

Your online portal provides 24/7 financial transparency to submit a cash draw request, access your account overview, request a spend-limit increase, and view your payment calendar. 

Monitor Card Payment Activity Using Your Online Calendar

Access your Payment Calendar via your online merchant portal or the Revenued app. Your convenient calendar gives you a daily, weekly, or monthly account snapshot to help you manage your cash flow. Monitor:

  • Payments
  • Spending balance
  • Estimated (future) payments
  • Estimated payoffs 

Monitor your daily payments and the time left on your payback schedule. The monthly calendar view also projects your monthly payoff amount.

Avoid Revenued bounce fees and bank overdraft charges by always knowing when your business card bill will be deducted from your account. Coordinate your bank’s online software with your Payment Calendar to avoid coming up short on the due date. 

Revenued Business Card Factor Rate

When you make a business-related purchase using the Revenued Card, the amount you expend to use those funds is calculated by a factor rate. This ratio is established at the same time your account is opened and is based on your firm’s credit profile, fiscal health, and payback term. 

The daily amount Revenued withdraws from your business bank account is calculated using the factor rate and payback term. To better understand, let’s look at an example: 

Your company makes a purchase for $1,000, with a predetermined factor rate of 1.2 and a payback term of 30 days. Your daily withdrawal for this purchase will be $40.

$1,000 x 1.2 = $1,200 payback

$1,200 divided by 30 days = $40 per day 

Stretching your payback term over a longer time (six or 12 months, for example) will reduce your daily withdrawal amount and increase your available cash flow. 

Find Out if You Qualify for the Revenued Card

Every business has its ups and downs. When you experience your next down cycle, be sure you can access enough capital to maintain a smooth-running operation.

The Revenued Business Card will help you fortify your bottom line during cash flow slow-downs — and you can qualify with a subprime credit. To be eligible, make sure your business has:

  • A minimum monthly gross revenue of $10,000 per month.
  • A business bank account.
  • A minimum average daily balance of $1,000. 
  • Three or fewer days with a negative bank balance. 

Experience Worry-Free Bill Payments with Revenued

Automatic bill payments are another way Revenued strives to help your firm’s financial system run on autopilot, empowering you with more time to grow your revenue and run your business. 

 Call  (855) 943-5363 or provide your information through our online form to learn more.

We're working on some pretty cool new pieces of content, including tools that will give you insight into your business finances.

Want to be the first to know when they launch?

How Is My Information Protected When Using My Revenued Business Card?

At Revenued, we feel strongly about protecting your personal information, and security measures in place in our Revenued Business Card reflect this commitment.  All Revenued Business Cards come equipped with a microchip that protects you from fraudulent transactions. Your personal and financial information is safeguarded by cryptographic functions to prevent card counterfeiting and makes them […]

Amex Business Gold Card Vs Amex Business Platinum Card

Credit cards can offer a convenient way to pay for your company’s expenses while also building credit and earning valuable rewards. There are considerable variations among small-business cards, so how do you know which is best for you? If your operations involve frequent business travel, you may gain the most benefit from cards that offer […]

Where Should My Small Business Apply for PPP Funding?

Note: Due to funding no longer being available through the US Small Business Administration (SBA) for the Paycheck Protection Program (PPP), Revenued is no longer accepting applications. More than 5,000 Paycheck Protection Program (PPP) lending organizations are available countrywide, including big banks, smaller local credit unions, and online fintech companies.  They offer forgivable loans backed […]

What is the Employee Retention Credit (ERC)?

The Employee Retention Credit (ERC) is a tax credit available for small business owners, LLC’s, S-Corps or 1099 employees. Similar to the $1,200 stimulus check taxpayers received, this credit is designed to help small businesses during these trying times. The ERC is not a loan, it’s a tax credit, meaning that it does not have […]