Novo Funding
- How can I apply?
- I was not approved, can I add a cosigner?
- How can I access my year-end statements for Novo Funding?
- When will I receive my monthly statement for Novo Funding?
- Can a business self-report to Dun & Bradstreet (D&B)?
- Do you report to the credit bureaus?
- Do I have to draw the funds by a certain date?
- What happens if I don’t have enough money in my Novo checking account for the payment that is due?
- What happens if I am unable to make the payment on time?
- Will Novo ever offer longer terms?
- Why do my external accounts need to stay linked?
- Why should I connect my other bank accounts to Novo?
- Are there personal guarantees on Novo Funding merchant cash advances?
- How do businesses typically spend their funds?
- How can I get an increase in my limit?
- How are my Total Funding Limit and Monthly Rate decided?
- What fees are charged?
- Is there a penalty for paying off your Novo Funding draw early?
- Can I pay my Novo Funding draw early or do I have to keep the funds out for the full 6 months?
- How does repayment work?
- How is a merchant cash advance different from a loan?
- What is a merchant cash advance (MCA)?
- What is Novo Funding?
- How much money do I have left that I can borrow?
- Can I apply for more funds?
- Where is my funding deposit?
- I just made a manual payment. What was it applied to?
- Can I pay off my MCA early?
- If autotransfer is set up but the amount I owe is less than the transfer will the auto-transfer still transfer the predetermined amount?
- Can I turn off autopay?