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. 


Please reach out to our Customer Success team by emailing success@levelgoals.com or via chat on Level’s website if you have any more questions. We’re open Monday to Friday, 8 a.m. to 5 p.m./Pacific time--except on holidays.