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SharpShooter 20/20 Funds by SharpShooter Funding©

SharpShooter 20/20 Funds

Since 2015, SharpShooter Funding© has made it as simplistic and streamlined as possible, in order to understand your Canadian SharpShooter Funding© Account before you hand sign on the dotted lines

Since 2015, SharpShooter Funding© has made it as simplistic and streamlined as possible, in order to understand your Canadian SharpShooter Funding© Account before you hand sign on the dotted lines

SharpShooter Funding© has always believed in Canadian small business funding transparency and efficieny, and now wants you, the Canadian business owner, to have this simplistic information in order to make the best funding decisions for your Canadian small business. Canadian Small Business Funder’s express pricing, funding approvals and term sheets in many different ways, which sometimes can become difficult to choose the absolute best option in order to grow your Canadian small business.

SharpShooter Funding© has now launched a unique and one-of-a-kind “Small Business Funding 101” booklet & directory called “SharpShooter 20/20 Funds by SharpShooter Funding©”.

In simplistic terms and in an extremley efficient format, SharpShooter 20/20 Funds by SharpShooter Funding©, will show you and your Canadian small business the terminology and important information you need to comprehend for your Small Business Funding approvals. SharpShooter 20/20 Funds by SharpShooter Funding©, is a full disclosure directory that provides you, the business owner, a complete and detailed breakdown of the actual cost of working capital, renewal option(s) and discounts available throughtout the approved Canadian funding account.

SHARPSHOOTER 20/20 FUNDS: Small Business Funding 101

Get Funded

SharpShooter 20/20 Funds by SharpShooter Funding©, has been launched and initiated in order to help you, the Canadian business owner, fully utilize and comprehend your small business funding approval options, to better serve and grow your business.

The funding calculations below involve certain key assumptions about this Small Business Funding approval, including but not limited to, that the Funding account is paid off in full according to the agreed Payment Schedule and that payment processing history is not only in good standing, but at 100% processing history.

FUNDING APPROVAL EXAMPLE

$75,000

FUNDED AMOUNT

$72,125

TOTAL RECEIVABLES PURCHASED

$82,500

TURNAROUND / SCHEDULE (Term) (repaid weekly)

12 Months

Metric

Total Cost of Capital

$9,375

Metric Calculation

Interest Expense$7,500
Origination Fee$1,875
Other Fees:$0
Total cost of capital$9,375

Metric Explanation

This is the total amount of interest and other fees for the Funding.

The amount does not include fees and other charges you can avoid, such as late payment fees and returned payment fees. 2

Annual Percentage Rate (APR)3

24.20%

Your Loan will have weekly payments of: $1,586.54
APR:24.20%

This is the cost of the Funding – including total interest and other fees – expressed as a yearly rate. APR takes into account the amount and timing of capital you receive, fees you pay, and the periodic payments you make.

While APR can be used for comparison purposes, it is not an interest rate and is not used to calculate your interest expense.

Average Monthly Payment

$6,875

Repayment Amount:$82,500.00
Terms (in months):+12 months
Average Monthly Payment$6,875.00
Specific Monthly Schedule:NA

This is the average monthly repayment amount of the Funding, which does not include fees and other charges you can avoid, such as late payment fees and returned payment fees

The actual repayment frequency for the Funding will be weekly. This is an estimate for comparison purposes only.

Cents on the Dollar (excludes fees)

10.00¢

Interest Expense:$7,500
Loan Amount:+$75,000
Cents on the Dollar10¢

This is the total amount of interest paid per dollar borrowed. This amount is exclusive of fees.

Repayment

Does prepayment of this Funding result in any new fees or charges? No
Does prepayment of this Funding decrease the total interest or Funding Fees owed? Yes

1 The Disbursement Amount is the amount of capital that a business receives and may be different from the Funding Amount. The Disbursement Amount is net of fees withheld from the Funding Amount. A portion of the Disbursement Amount may be used to pay off any amounts owed from a prior Funding or on amount owed from a third party. 

2 Your business may incur other fees that are not a condition of borrowing, such as late payment fees, returned payment fees, or monthly maintenance fees. Those fees are not reflected here. See your Funding arrangement for details on these fees. 

3 APR should be considered in conjunction with the Total Cost of Capital. APR may be most useful when comparing financing solutions of similar expected duration. APR is calculated here according to the principles of 12 C.F.R. §1026 (Regulation Z), using 52 payment periods of equal length and 52 payment at per year for weekly pay products. 

SharpShooter Advantage

APPLY NOW WITH SHARPSHOOTER FUNDING©

Its best to explore all financing options, contact SharpShooter Funding© to find out what loan your business qualifies for.

Our Canadian Funding Programs Include:

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