Ream Advance provides both term financing and business lines of credit. You fill out one application, and we match you with the best product for your cash flow and growth needs.
What are Ream Advance loan amounts and terms?
Term financing ranges up to a specific maximum depending on your business profile, with flexible repayment periods tailored to your plans. Lines of credit have a set limit and work like revolving credit — as you pay down your balance, available funds increase.
Are Ream Advance loans unsecured?
Our lines of credit are typically unsecured. Term financing may involve a general lien on business assets but no specific collateral is required, and we don’t require personal assets.
Application
How do I qualify for Ream Advance funding?
Typical eligibility includes a minimum time in business, consistent annual revenue, a business bank account, and an acceptable personal credit profile — all based on your specific funding request.
Will Ream Advance check my credit?
We use a soft credit check to assess eligibility, which does not impact your personal credit score.
What info do I need to apply?
You’ll usually need basic business details, ownership info, recent business banking statements, and your tax or business ID.
How long does the application take?
The process is straightforward and can often be completed online in about 10 minutes.
What industries do you serve?
We support a wide range of businesses in many sectors. Some industries may not qualify based on policy, but many service, retail, and professional businesses are eligible.
Are there fees or rates?
Rates are based on your business’s financial profile and the product you qualify for. There is typically an origination fee, which can vary by product and renewal status.
Do I have to accept an offer after applying?
No. You’re under no obligation to accept any offer — you can review it and decide before moving forward.
Funding
How soon can I get funded?
Funding decisions are made once your application is reviewed and approved.
How does term financing funding work?
Once approved, funds are sent to your business bank account using standard bank transfer systems — which may settle the same day or within a couple of days.
Are there limits on access amounts?
Yes, there may be daily limits for withdrawals. Transfers above that amount would use standard bank methods.
Repayment
How does repayment work?
Payments are scheduled daily, weekly, or monthly based on your product type and will be automatically deducted from your business account. You can also monitor activity through your online account.
Account
I’m having trouble signing into my account — what do I do?
Use the “Forgot Password” link to reset your credentials, or contact our support team for direct assistance.
Where can I see my balance?
Your current balance and payment activity are visible in your online account dashboard.
Can I update my bank info online?
Bank info updates may require assistance from our support team rather than being done directly in the dashboard.
What if there’s a general lien recorded on my business?
Once your financing is fully repaid, you can request a release of any recorded lien by contacting customer support.
What other funding options exist?
Beyond Ream Advance products, many businesses explore alternative lenders, lines of credit with partners, or other financing solutions to find the best fit.
Term Loan Customers
How is my payment applied between principal & interest?
The breakdown changes over time — early payments typically apply more toward interest. Your statement will show exact figures.
Can I make extra payments or get support?
Yes, our advisors can guide you on extra payments, support options, or payment adjustment requests.
Why does a payment sometimes post later than expected?
Bank transfers may settle the day after we initiate the withdrawal due to standard processing times.
When can I reapply for more funding?
Many customers are eligible to seek additional funding after a period of repayment or once they’ve significantly reduced their balance — your advisor can provide details.
Line of Credit Customers
Why might a draw be on hold?
Holds can happen due to account reviews or support notifications — contacting our payment support team can clarify.
How do I close my line of credit?
Request closure by emailing support with your intent to close the account.
What if access doesn’t show up?
Access is available only for certain customers with eligible debit cards — if it’s missing, you may still use standard transfers or contact support to check eligibility.
Why might a transfer fail?
Transfers can fail due to debit card expiration, bank limits, or network restrictions — contacting your bank or support team can help resolve these issues.
Why don’t funds show up immediately after a transfer?
Transfers are processed according to standard banking procedures and may take some time to appear in your account.
