- When can I apply again?
- I was not approved, can I add a cosigner?
- How can I access my year-end statements for Novo Funding?
- When do I get a monthly statement of when payments are due?
- 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 is 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 long does it take to get approved for Novo Funding?
- How is a merchant cash advance different from a loan?
- What is a merchant cash advance (MCA)?
- What type of financing does Novo Funding offer?
