How does a Business Cash Advance Work?

Merchant cash advances were specifically designed for merchants, which is why the application, review, funding, repayment and renewal processes, which it consists of, work so smoothly. Our merchants appreciate and enjoy the fact that the merchant cash advance was designed with them in mind.

Apply

Day 1

Complete our online application and a funding specialist will contact you within 24 hours. The funding specialist will explain the merchant cash advance program to you in its entirety.

Submit

Day 2

Complete and submit a 2-page paper application, along with the last six months of your merchant statements, a copy of your driver's license and business lease and a voided check.

Review

Day 3 - Day 4

Our trained funding specialist will review your application and merchant statements and determine if you are eligible to receive a business cash advance. If you are approved, you will be notified of exactly how much you've been approved for as well as the exact payback amount.

Your Work is Done

Day 5 - Day 10

Once you agree to accept the merchant cash advance, all that's left for you to do is wait! Let us do all the work and your account can be funded in as little as five days.

The merchant cash advance process consists of application, review, funding and repayment. It works smoothly as it is specifically designed for merchants.

We purchase your business's future credit card sales so we can give you cash today.

We will buy up to $500,000 worth of your business's future credit card sales, making it possible for your receive a merchant cash advance of up to $500,000. Once we wire these funds into your account, you repay us through your daily credit card sales. However, you never have to make a payment on your own, because a small percentage of your daily credit card sales will automatically be deducted until your merchant cash advance is paid off.

You can renew your merchant cash advance every three to four months, as you wish, without submitting any additional applications. At this point, the process becomes a simple cycle of funding and spending.