Purchase of Future Receivables
A financing structure where a funder buys a set amount of your future sales at a discount today — a sale, not a loan.
A purchase of future receivables is the legal structure behind most revenue-based funding, including Quickie. The funder buys a fixed dollar amount of your future sales (the total payback) for a smaller amount today (the funded amount). You are selling a slice of tomorrow’s revenue at a discount, not borrowing money at interest.
That distinction matters. Because it is a sale of receivables rather than a loan, the price is expressed as a factor rate and a fixed total payback rather than an accruing APR, and repayment is collected as an agreed weekly remittance or holdback against the sales being purchased. It is commercial funding for a business purpose — not a consumer loan.
The receivables you are selling are future sales, so honest sizing depends on realistic revenue, not your best-ever week. Read the agreement and disclosures carefully so you understand exactly what is being purchased, how remittance is collected, and what happens if sales slow.
Frequently asked
Is a purchase of future receivables a loan?
No. It is a sale: the funder purchases a fixed amount of your future sales at a discount. There is no interest accruing over time — the total payback is set at signing. Always review your specific agreement and disclosures.
Do I owe interest on it?
Not in the traditional sense. The cost is the difference between the funded amount and the total payback, expressed as a factor rate rather than an accruing interest rate.
What happens if my sales slow down?
How a slowdown is handled depends on the structure and your agreement. Some products flex with sales; fixed remittances do not. This is exactly why you size the deal against conservative revenue and confirm the terms before signing.
Related terms
Funding repaid as a set remittance tied to your revenue and cash flow rather than a fixed bank-style monthly loan payment.
A purchase of future card sales repaid through a daily holdback on card batches — the classic fast-funding product.
The full dollar amount you repay over the life of an advance — funded amount times the factor rate, plus any fees.
A decimal multiplier (like 1.30) applied to the funded amount to calculate total payback — it is not an interest rate or APR.
The requirement that funds be used for commercial purposes, not personal or household use — central to commercial financing.
See a real offer for your business
Connect your business bank, get a decision in minutes for qualified files, and review transparent total payback before you sign. Quickie funding is a purchase of future receivables — not a consumer loan.