Company overview
HQ · Miami, FL
Novo Funding LLC, a subsidiary of Novo Platform Inc., offers a merchant cash advance embedded within Novo's business‑banking platform. Based in Miami, Florida, the funder provides quick, revolving working‑capital financing to pre‑qualified Novo account holders, positioning itself as a modern, fintech‑driven alternative to traditional lenders.
Company focus
- Headquarters
- Miami, FL
- Founded
- 2018
- Employees
- 201-500
- Specialties
- fast funding (24‑hour approval), monthly repayment schedule, revolving draw capability, low factor rates as low as 1.5%
Funding & terms
- Funding from
- $5,000
- Funding up to
- $10,000
Third-party reputation
- Reported research
- BBB rating B (not accredited); Trustpilot 4.0/5 from ~4.6k reviews; no known regulatory actions or negative news.
- Reading this research
- Third-party ratings are historical research, not a Plutus merchant rating. Legal and cost statements are attributed reports, not findings by Plutus; confirm the original sources and current terms.