Merchant Cash Advances

From time to time in life and in business we all need some extra cash to cover expenses. In this particularly, shall we say, interesting economy, many businesses are finding alternative funding methods such as merchant cash advances quite useful.

Merchant Cash Advances are simple: the cash advance provider ‘purchases’ (advances you money for) a specified amount of your future credit card sales at a discount.  Collection of the purchased credit is processed automatically through your credit card processing provider.  The merchant cash advance provider receives a small, fixed and agreed upon percentage of your daily credit card sales.  Since it is a set percentage the provider only gets paid when you do - so when your business is booming you pay off a larger portion of your advance, and when business is slow you pay less.  The best part is that you’ll know exactly what the total cost of the funding will be upfront.

It’s quick, easy, and predictable. If you find yourself in need of a little extra money for advertising, expansion, payroll, inventory or anything else, you might consider tapping into your credit card sales. If you have questions about our cash advance program, or you would like to get pre-approved, we are always available to assist you. Contact us anytime.