I have a Froda loan through my payment service provider - how is it different from a regular Froda loan?

If you have a loan through a payment service provider that uses Froda as a partner, you are using revenue-based financing. Revenue-based financing is a type of business loan that is automatically repaid through a small, fixed percentage of your daily or weekly card sales. You continue to pay that percentage until the agreed total amount (the advance plus a fixed fee) is fully repaid.

Did this help you?
Did you feel that you received the information you were looking for in this article?
Thank you!
Something went wrong