My advertising company was growing faster than I expected so we needed funds to capture larger accounts. My bank said that I needed to be in business for 2-Years while documenting personal and business income. After applying for a Business Cash Advance, the funds were wired to my account and by the next week my sales team was out closing new accounts.
Our gym needed new equipment and one of our suppliers was unloading pieces that we needed. We only had 2-weeks to come up with all the funds so my Merchant Cash Advance approved me in 24-hours and wired the funds to my account in four business days saving me 35% off of standard cost. I saved thousand of dollars with one simple phone call.
Business Cash Advances are a fast and simple way to obtain cash for your business. We lend you money based on your future credit card receipts and not your income. Paystubs, Tax Returns or Significant Assets are not part of the underwriting process. Our goal is to advance you the cash you need and to help make your business grow. A Business Cash Advance does not require personal guarantees, assets to be pledged or any cross collateralization with your home. While most banks can take up to 3-months for a business loan, our Merchant Cash Advances can be Approved in as little as a few hours. Funding time for a Business Cash Advance typically takes about a week, but if necessary we have a special Expedited Program for business owners that need funds now.
The First Step of a Business Cash Advance is to gather your past 6-Months Summary of credit card transactions. Next you will want to forward a copy of your current lease and landlord contact information so that one of our underwriters can confirm that you are a tenant in good standing. Lastly you will forward a copy of your drivers license and then one of our Business Cash Advance agents will then start the approval process for your advance.
Your Business Cash Advance is approved and you will be asked to provide wiring instructions, so that we can forward you the funds immediately to your bank. One of our trained technicians will then program your credit processing equipment and you will be on your way to growing your business. Pretty simple right?
A Business Cash Advance specialist will review your application and determine how much money we can advance you. Typically the advanced amount is 125%-150% of your month average credit card receipts. We do allow for exceptions and have advanced as much as 200% of your monthly credit card average. Apply now and see how much you qualify for!
Once the funds have been wired to your business account, you are then free to use the money at your discretion. Purchase new equipment, pay down bills, buy out a partner or stock up on inventory! It’s totally up to you to use the funds as you desire. To make things even easier, once your Business Cash Advance is paid back, all it takes is a simple phone call and you can renew and receive fresh funds all with only a simple phone call. No tedious paperwork or waiting! We are here to help see you grow. Apply Now and let us Pre-Approve your application.