Nectar operates in the financial services sector, specifically targeting experienced short-term rental hosts. The company offers a unique revenue-based financing model that allows hosts to access up to 65% of their monthly cash flow upfront. This service is designed to help hosts grow their businesses by providing capital for buying, furnishing, leasing, or upgrading properties. Unlike traditional loans, Nectar's financing model does not require personal guarantees, credit checks, or collateral, making it a hassle-free option for hosts. The company primarily serves hosts with at least two years of experience and a minimum 4.5 rating on rental platforms like Airbnb and VRBO. Nectar's business model revolves around a revenue share agreement, where payments scale according to the host's monthly revenue, providing flexibility during down months. The company generates revenue by taking a percentage of the host's monthly earnings until the advance is repaid. This model ensures that both Nectar and the hosts are aligned in their financial goals, promoting sustainable growth for the hosts' businesses.

Keywords: revenue-based financing, short-term rentals, growth capital, no debt, no equity dilution, flexible payments, experienced hosts, Airbnb, VRBO, hassle-free.