Merchant Account Cash Advance
Up to $50,000 in as little as three business days
The smart alternative to a bank business loan - an advance against your future credit card sales
When growing a successful business, there will come a time when every business owner needs access to capital beyond what is sitting in their account.
When that time comes, your options are limited. You can apply for a business loan from your bank, but you will need collatoral, a detailed business plan, cash flow projections, personal financial statements, and many other documents - and your chances of being approved are slim. You could open a HELOC, if you can still get one, but do you really want to put your family home at risk? The alternative we offer is a cash advance against your future credit card receivables:
- 90% + Approval Rating
- No application fee, no closing costs, no points
- No personal collateral required
- No credit check
- No tax returns required. No financial statements required
- No fixed repayment amount
- Cash in hand in as little as 3 days
How does it work?
We purchase your future credit card receivables providing you with much needed cash for new employees, expansion, advertising, new equipment - whatever your business needs to grow.
The repayment happens automatically. As you process new credit card transactions, a small percentage is withheld and applied against your advance. It is completely automatic, and because the repayment is taken as a small percentage of your processing, your bottom line is protected during the slower months.
How do I qualify?
- You must have been in business a minimum of 6 months
- You must process a minimum of $5,000 in Visa and MasterCard sales per month
- You may not have any open bankruptcies