Work directly with the funding source!
- Highest Approval Rates
- Flexible repayment options
A Merchant Cash Advance is not a loan but a purchase of future credit card receivables, also know as receivable factoring.
A Merchant Lending Network focuses on the average monthly credit card processing volume for Visa and MasterCard. Using this monthly average along with other general inquires we advance cash to merchants based on future Visa and MasterCard sales. Merchants receive a lump sum amount in return for a percentage for their future Visa and MasterCard sales.
Qualification is determined by looking at your monthly Visa and MasterCard processing sales over a small period of time. Based upon your average monthly transaction amount, we are able to make an offer to provide you merchant capital.
Unlike a traditional bank, we are able to make funding decisions must quicker. We are able to do this because the criteria we look at is different than a bank. Approval takes place within a few hours to a 2 hours max; and funding takes place within 72 hours from approval.
We make cash advances from $25,000 to $250,000. Depending on your Visa and MasterCard sales, you could receive up to 100% of your processing volume.
Our goal is to provide you with the merchant capital you need without putting undue strain on you and your business to pay it back in an unreasonable fashion. You pay back the merchant capital once per month, as a percentage of your monthly processing amount. There is no set time limit.
The percentage we reserve varies depending on the results of our underwriting. Keep in mind our Merchant Cash Advance program offers the lowest offer rates in the industry.
No, there is no personal collateral required to receive a Merchant Cash Advance.
The best way to begin the application process is by filling out the online application.