FUNDING
What is a BUSINESS CASH ADVANCE?
A Business Cash Advance provides small business owners with the ability to raise needed capital. We advance Cash by purchasing a pre-determined amount of your business's sales volume sold through your credit card merchant account.
Why haven't I heard of this before?
Business Cash Advances or receivables financing as it is referred to in the banking industry has been around since the 1950's. It wasn't until a few years ago that retailers, restaurant owners and service businesses could take advantage of this type of funding.
Will I receive the same low rates as my existing credit card processing account?
Yes we will match your current processing rate. In some cases after evaluating your current statements we may be able to reduce them.
How long will I have to wait to find out if I have been approved for my business cash advance?
pproval is within 24-hours. Funding usually takes 5 business days once the signed contracts are received.
How much can I qualify for?
The amount is based upon your average credit card volume and your past business history.
How do I repay my business cash advance?
We collect a small percentage of each credit card transaction through our preferred processing bank.
Will I need to change credit card processors?
You may need ti change to a preffered processor that will meet or beat your present processing rates. The transition is seamless.
How do I apply for a business cash advance?
There are several ways you can apply for a cash advance. The easiest way is to fill out our Quick Cash Approval Application. You can also call our toll free number 866-411-4006 and speak with a Funding Advisor. |