Renewal
Taking new capital from your existing funder — typically around 50% paid down — that pays off the current balance and adds funds on top.
A renewal is additional capital from your current funder, usually offered once your existing advance is around 50% paid down. The renewal pays off the remaining balance and puts new money on top, all under a single weekly remittance recalibrated to your current revenue. It is the healthy way to access more capital — and the direct opposite of stacking.
The contrast is the whole point. A stack adds a second remittance on top of an unchanged first one, doubling the pull on the same deposits. A renewal replaces the old balance with one new obligation, so you get the incremental capital without a second debit competing for the same soft week.
Renewals are also where relationship pricing shows up. Because the funder has watched you repay cleanly, your recent bank statement performance is fresh and weighted heavily — often more than a static credit score — so a well-run first deal tends to renew larger, faster, and at a better buy rate. Timing the renewal to the start of a strong season lets the new capital fund the peak and repay into it.
Frequently asked
When can I renew?
Many funders open a renewal around the point where the current advance is roughly halfway paid down, subject to clean repayment and current revenue. Exact eligibility depends on the funder and your file.
How is a renewal different from stacking?
A renewal pays off your existing balance and adds new capital under a single remittance. Stacking keeps the first remittance running and layers a second one on top, which strains the same deposits.
Does renewing improve my pricing?
Often. A clean repayment record gives the funder fresh, observed performance data, which tends to earn a better rate and a larger, faster offer on renewal. That is relationship pricing.
Related terms
Taking a second (or third) advance on top of an existing one, so multiple remittances hit the same deposits at the same time.
Combining multiple advances or debts into a single new facility with one payment — often used to escape a stack.
The base factor rate an underwriting desk assigns to a deal before any broker markup — the wholesale cost of the advance.
The full dollar amount you repay over the life of an advance — funded amount times the factor rate, plus any fees.
A fixed weekly payment pulled by ACH toward your total payback — more predictable than a daily card holdback.
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