Let First Up Lending Fuel Your Business Growth

Get pre-approved in 24 hours and funded in as little as 10 business days

How It Works

First Up Lending offers a range of funding products to support your business across the supply chain

OUR SOLUTIONS FACILITATE NEW SALES, PAY YOUR SUPPLIERS EARLIER, AND UNLOCK CASH TRAPPED IN YOUR PURCHASE ORDERS, INVENTORY AND INVOICES

Getting started is easy

1.

Simple online application process

2.

Easily & securely connect your accounting software to get a quick funding decision

3.

After 24 hours, receive initial pre-approval and a Proposal Letter

4.

Review & sign your funding agreement electronically. Get access to funding in as little as 10 business days

5.

Request funds and manage your account online 24/7

HOW DOES SUPPLIER FUNDING WORK?

1.

Upload the approved
supplier’s invoice to your
online account

2.

First Up Lending pays the
supplier directly and sends
you an invoice

3.

Supplier delivers goods directly to your business

4.

You have up to 90 days to
settle the invoice amount,
with a mark-up for funding
costs, to First Up Lending

Best for Businesses:
  • – Who are manufacturers
  • – Larger, more established companies
  • – Want to extend payment terms to key suppliers

What does it cost?

No hidden fees or surprises

1.

A flat $3,000 fee to cover searches and legal expenses. This is collected upfront before documents are signed

2.

1% to 3% origination fee on the line of credit value, collected at closing.

3.

Funding is charged as a % of each funded invoice balance, typically between 1-3% every 30 days. We review pricing every year and we’ll always try to be competitive to keep your business.

That’s it!

No early termination fees, no monitoring fees, no unused line fees