Advantages of a Small Business Cash Advance:

 

One of the biggest advantages that the merchant cash advance offers to the business owner is that they are not personally liable for repayment of the cash advance. Most retail store fronts and small businesses accept credit cards as a form of payment. Instead of using personal credit, personal collateral or be the personal guarantor to get a business cash advance the business owner can sell his future credit card receivables at a discounted price.

A business cash advance can be particularly useful to meet working capital requirements and can be a good alternative to working capital loans.

 

Q. What is the Interest Rate?

A. There is NO interest rate. It's an advance, NOT a loan. You receive an advance based on your Visa/MasterCard business-and you pay back a small percentage of your Visa/MasterCard transactions, until your total balance is settled. That's it. There are NO Fixed Payments, simply an agreed upon percentage of your Visa/MasterCard sales until the total advance has been paid. The good thing is that if you have a slow month of business, you're not penalized. The balance quoted up front never gets higher.

 

Q. How easy is it to get approved for a Cash Advance?
A. Over 85% our applicants get approved and funded in less than 10 business days. The review standards are streamlined to provide an expedited approval process that requires minimal documentation.

Qualification is easy:

 

Have you been in business for at least 6 months?
Are you currently accepting Visa/MasterCard?
Do you have at least 9 months remaining on your current retail lease?
Have a monthly minimum of $2,500 in volume?

If you answered Yes to these questions then you should apply.

 

If you answered No there are many creative alternatives ways to get working capital. Call us to discuss your needs at 1-866-262-1399 and speak with a representative or fill out this form and a representative will contact you.

Q. How much does it cost to apply for a Business Cash Advance?
A. There is no cost/no obligation quote. There are no up-front fees.

Q. Are there any up front costs for the Merchant Cash Advance program?
A. No. there is no up front costs for the business cash advance program.

Q. Can the daily payment percentage be changed after the account has been funded?
A. No. The percentage remains the same until the advanced is paid in full.

Q. What if I already have a business loan?
A. This product is an advance, not a loan. As long as you meet the requirements, we can still provide you with cash, without affecting your other obligations.

 

Q. Will this be based upon my personal credit?
A. No, it is not based upon your personal credit. We do ask that there are no open bankruptcies on your account.

 

Q. Will this affect my business lines of credit?
A. No, your business credit lines are not touched.

 

Q. What is required to apply?
A. It is very simple. We ask that you fax us the last 6 months of your Visa/MasterCard Statements and answer a short 3 minute questionnaire.

 

Q. How do I get started today?
A. You can call us today toll free at 1-866-262-1399 or fill out our secured online application.
Then fax the last 6 months of your detailed Visa/MasterCard Statements to our toll free fax number 1-866-400-3361. We will handle the rest!

 

Note: Capital advance is not a loan it is an up front lump sum cash payment against future Visa/MasterCard sales.