Is this a loan?

No, this is not a loan. How you repay and the total repayment are the main differences between a standard business loan and Level. 

No, this is not a loan. How you repay and the total repayment are the main differences between a standard business loan and Level. 


With standard business loan:

  • The monthly obligation to repay is a fixed “monthly minimum”
  • There is a term on which you are required to fully repay the loan
  • Total amount you’ll repay increases with interest. 


With Level:

  • The monthly payment is a percentage of your business earnings
  • There is no term in which you are required to fully repay
  • The total amount you’ll repay is your advance plus service fee. 


Have questions about Level? Have an existing advance? You can call us at +1-877-414-2955. We’re open Monday to Friday 8 AM - 5 PM PT --except on holidays.