Revenue-Based Financing in Goodyear, AZ
If a Goodyear business has busy and weaker months, revenue-based financing keeps payments in step with sales. We shop one application to funding partners that offer it.
A nationwide broker headquartered in Los Angeles. Free to apply, you never pay us a fee, and we call back, usually the same business day.
What does revenue-based financing involve?
The funder sends a lump sum, $43,000 in the example, and takes 7% of revenue every month until the cap is reached.
What counts most in the review?
Average revenue near $96,000 in the example, plus the dips, set the share and the cap.
How does the payment track the seasons?
The payment shrinks with revenue. At 7% of sales, a month 30% under average sends $4,704, so a restaurant keeps more money in the months when revenue dips.
Where does revenue-based financing fit in Goodyear's economy?
Among these trades, restaurants have the most locations in Goodyear: 150. Of the city's employers, 54% have fewer than five on payroll, and 179 have 20 to 49.
| Trade | Businesses in Goodyear | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Restaurants | 150 | 12.0 | 15.4 |
| Beauty and nail salons | 42 | 3.4 | 3.4 |
| Clothing and accessories stores | 20 | 1.6 | 3.5 |
Why do Goodyear restaurants use revenue-based financing?
A share of revenue moves with tourist seasons, holidays and the weather, which fits how a restaurant earns. Census counts 150 in Goodyear; that's 12.0 per 10,000 people.
How do local beauty and nail salons use revenue-based financing?
Lean months from busy holiday weeks and quieter late-winter months cost a salon less under a revenue share. In the city, 42 operate, or 2.4% of employer businesses.
What does revenue-based financing do for clothing and accessories stores here?
For a clothing store, back-to-school, holiday and clearance cycles decide the month; the payment follows. The city counts 20, at 0.5x the U.S. density.
What is the cost for a restaurant?
With $96,000 in an average month, a restaurant repays $43,000 at 7% of sales up to a 1.35 cap: $6,720 in a typical month, $4,704 in a slow one.
| Worked example | Value |
|---|---|
| Average monthly revenue (example) | $96,000 |
| Amount funded | $43,000 |
| Cap | 1.35 |
| Total repaid | $58,050 |
| Revenue share | 7% |
| Payment in an average month | $6,720 |
| Payment 30% below average | $4,704 |
| Payment 30% above average | $8,736 |
| Months to repay at average | 8.6 |
Which numbers decide the cost?
The fewer swings in revenue, the lower the cap funders offer. Run your figures in the factor rate calculator.
Free to apply. You never pay us a fee. We call back, usually the same business day.
How big is Goodyear's share of Maricopa County?
Measured per resident, Goodyear has 14.1 employers per 1,000 people and Maricopa County has 23.4. In raw numbers, that is 1,772 in the city out of 109,863 in the county.
| Employees | Goodyear | Maricopa County |
|---|---|---|
| Under 5 | 960 | 61,849 |
| 5 to 9 | 275 | 17,146 |
| 10 to 19 | 209 | 13,233 |
| 20 to 49 | 179 | 10,633 |
What does applying for RBF involve?
- Send the application with your monthly revenue, $96,000 on average in the example.
- A broker calls to confirm a revenue share your margins can carry.
- You compare caps, such as the example's 1.35, and sign the best fit.
When should you choose something else?
If margins are thin, even a small share can pinch in a lean month; a line of credit lets you borrow only for the gap. For one urgent cost, a same-day advance is faster. Revenue-based financing pays off when months are uneven.
Do we take files from around Goodyear?
Avondale sits 5 miles from Goodyear. Tempe counts 7,071 employer businesses, the most within 50 miles.
| City | Distance | Employers |
|---|---|---|
| Avondale, AZ | 5 miles | 1,071 |
| Buckeye, AZ | 20 miles | 599 |
| Glendale, AZ | 22 miles | 4,368 |
| Tempe, AZ | 27 miles | 7,071 |
What do Goodyear owners ask before revenue-share funding?
What revenue do RBF funders count?
Deposits from sales, as shown in your bank statements or processor reports. Transfers between your own accounts don't count.
How do RBF funders set the revenue share?
Funders set it from your margins and revenue history so that an average month can carry it.
Can a restaurant qualify for revenue-based financing?
Yes. A restaurant qualifies the same way as any business: funders read deposits, balance history and open advances, then make offers you can compare.
Shall we shop revenue-based funding for your Goodyear business?
Applying is free, and you never pay us a fee. Call 877-FUND-654 with any question. We call back, usually the same business day, and we talk with you before your file goes to any funder.