Cash Advance

 

We have partnered with a national cash advance company to provide the

ability for merchants to participate in a unique way to fund your  

business needs without all of the paperwork of a bank loan. An agreed

upon portion of future sales (rights to receive, RTR) are purchased in advance.

The payback is based on a  percentage of your future Visa/MasterCard

settlement volume until the advance is repaid.

 

Cash advances are a smart way to get working capital for many small and

medium-sized businesses.  You can obtain the working capital needed to

stabilize, grow, and take advantage of opportunities.  A cash advance is

the purchase of future credit card receivables; it is not a loan. Sometimes

called "credit card receivable funding" or "credit card factoring," eligibility

for a cash advance is primarily based on the strength and consistency of

your business' credit card sales.

 

For many business owners, a cash advance offers benefits that are not

available from lenders and other financing sources. For example, while a

business owner's personal credit history may be reviewed, a poor or

damaged credit history is not an automatic disqualifier for a business.

While many working capital options might take weeks or longer to secure,

a cash advance puts money in-hand in as few as 3 business days,

and this money can be used for any business purpose.

 

We encourage you to take advantage of the information and resources

offered to learn all you can about your business' potential options for

business working capital.