Welcome to Quiz 2!
Master Your Funding Knowledge
Welcome to the ultimate quiz on revenue-based funding! Test your understanding of Outfund and the world of financing with our engaging set of questions.
Join now to discover:
- How much you really know about Outfund
- Key differences in funding options
- Your grasp of capital concepts
WTF is RBF?
Now that you know a bit about Outfund,
let's talk about money! 🤑
From this quiz onward, the questions get a bit more technical.
Remember, pay careful attention to detail for the bonus question at the end.
Fill in the blank: Outfund provides __________.
Revenue-based funding
Growth funding
Growth financing
Unsecured financing
All of the above
Which competitor is most similar to Outfund?
Wayflyer
PayPal Capital
Clearco
Youlend (Shopify)
How does Outfund make money?
Through a 10% interest rate
Through a flat fee starting at 5%
Through overdrafts and hidden fees
Through investing in the ASX
What is the minimum average monthly revenue a business must make in order for Outfund to provide a facility?
$0
$5000
$10,000
$15,000
$20,000
What are the main points of difference with RBF? Select all that apply.
No personal guarantees
Faster access to funds
No credit checks
Non-dilutive capital
Which statement is incorrect?
Working capital typically has a higher interest rate
Working capital is needed for other business expenses like salaries
Working capital is commonly needed for businesses like construction and restaurants
Working capital is a type of facility Outfund provides
What is meant by "cost of capital" with regard to our type of funding?
The fixed fee
The revenue share
The effective interest rate
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