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 an installment. 

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. 

Apply now for the Revenued Business Card and if you have any issues or want to learn more about the card please call  +1 (877) 662-3489 or email [email protected] and a member of our 5-star team will be happy to help.

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