Our Business Cash Advance or Merchant Cash Advance program is a convenient way to finance your business operations. The most important thing to remember is that this is not a bank loan. It's an alternative form of business financing that is sometimes referred to as factoring. There are no payment books, no checks to write, no speaking with people who don't understand your needs, none of the traditional bank hassles, and most of all no more waiting! Business Cash Advances will provide your business with a cash advance based upon your average monthly credit card sales. By reviewing your last 6 months of your merchant statements, we will determine your average monthly credit card sales volume, and project your future sales based on that average. Business Cash Advances then purchases a percentage of those future credit card sales and wires that amount as cash, directly into your business checking account, for your immediate use. Typically you will receive in cash, an amount higher than your average monthly sales. Example: You average $ 10,000 in credit card sales on a monthly basis. We'll deposit $ 12,500 into your business checking account as cash. The advanced amount is being repaid as we deduct a small percentage from your daily credit card sales only, going towards your repayment. Typically, repayment is completed in approximately 7 to 9 months. No payment books, no checks to write, and no specified time frame for repayment are required with a Business Cash Advance.
Ordering exotic flowers from around the world requires hefty upfront costs and often isn't reimbursed until a month later and because of that my cash flow suffered. A quick Merchant Cash Advance allowed me to manage cash flow and purchase the inventory I needed to allow my business to service my customers.
My limo company was growing faster than I could buy cars and my credit cards were maxed out. My bank wouldn't extend me the business credit line I desired because my income to debt ratio was too high and my credit score was too low. Within 3-hours I had my Business Cash Advanced approved and was able to put two orders in for new vehicles the very same day. With peak season now here, I don't know what I would have done if I was not advanced that extra money.
Through Business Cash Advances, we will place you on a business financing program that is designed to help you manage your company's financial needs and which is a more responsive alternative to traditional bank lending. Once approved, Business Cash Advances will wire the cash directly into your business checking account, typically within 72 hours after approval. 
For a Merchant Cash Advance, you will need to show that you've been in business for at least 12 months and have been accepting credit cards for at least 6 months. Second, you will need a minimum credit card volume of $10,000 monthly, which is determined from your merchant statements. Finally, you must have no prior unresolved bankruptcy. If you meet these criteria, you can expect to have your Business Cash Advance approved in as little as a few hours. 
Many of our clients use their business cash advance for business-building needs like adding more seats to their restaurants, expanding their office, showroom or warehouse space, increasing their advertising, adding to their inventory, stocking up on seasonal merchandise, or purchasing tools or equipment. Others use their advance to buy out a partner, or for emergency needs like unforeseen maintenance issues that could interrupt your business. With all of our Business Cash Advances there are no requirements for use and is solely up to you to determine what you would like to use the funds for. 
The average time for a Business Cash Advance from receipt of a contract to having the cash deposited into your business checking account is 5-7 business days. 
You will need to change credit-card processors to one that has a relationship with our business funding program; however your rates and costs will remain the same or may even improve! The whole process is completely seamless and is done through our team of trained technicians and will not interrupt your business in any way. 
Unlike many traditional loans, with a Business Cash Advance there is no prepayment penalty. You have the ability to repay your advance any time you like. 
Yes. With one simple phone call you can renew your Merchant Cash Advance and receive fresh funds to keep your business growing. No additional paper work, fees or costs are associated with your renewal and your terms and conditions will most likely remain the same. 