Unlike traditional small business loan financing, our business funding programs are not fixed to a repayment schedule. If you have a slow period we take a smaller payment; working with the flow of your business. Additionally, unlike small business loans, our unsecured funding alternative does not require collateral or a personal guarantee. We also do not require financials or tax returns. Our quick online application is simple and takes only a few minutes. Business loans require extensive paperwork and a lot of time. We can approve your business for an unsecured cash advance in less than 24 hours and have a working capital loan of up to $500,000 transferred to you in as little as 2 days!
Why Choose a Merchant Cash Advance?
Qualifying for a business loan in today’s economy has become very challenging and if you do not have excellent credit – virtually impossible. The banks are not lending money to each other let alone to small businesses. Other traditional sources of capital such as home equity loans and credit card loans are no longer options for many business owners. Therefore, a merchant cash advance is a smart alternative to traditional financing or business loans.
Approvals take 24 – 48 hours and accounts are typically funded in approximately 7 days.
All we need is a 2 page application and your merchant and bank statements. We use the merchant statements to determine your average processing volume and we use the bank statements to verify total income.
No need to have great credit, no need to show profit and no need to have a low debt to income ratio.
Our merchant cash advances do not require a personal guarantee; however individuals may be liable in cases of fraud, misrepresentation, and as further detailed in the contract.
No fixed monthly payment, if you have a slow month, your repayment for that month is proportionally decreased.
Use the funds for advertising, renovations, expansion, working capital or whatever else you might need.
Access to more funds every 90 days and in some cases even sooner.
We believe that every merchant deserves a second chance. If you do not qualify for any of our other programs due to credit reasons or have been declined by other cash advance providers we believe you should get a second chance to build your business credit – and we will give that opportunity to you.