Frequently asked questions

How do I get started?

Qualifying requirements are minimal. You must be in business for at least 6 months, grossing a minimum of 5 k monthly in revenues and you do have an active business bank account: It helps if your business accepts credit card payments, as the option of a taking a portion of your credit card sales can be available instead of a daily debit.

Do I have to switch my credit card merchant processing?

Qualifying requirements are minimal. You must be in business for at least 6 months, grossing a minimum of 5 k monthly in revenues and you do have an active business bank account: It helps if your business accepts credit card payments, as the option of a taking a portion of your credit card sales can be available instead of a daily debit.

What percentage will be withheld from my daily credit card batches?

Qualifying requirements are minimal. You must be in business for at least 6 months, grossing a minimum of 5 k monthly in revenues and you do have an active business bank account: It helps if your business accepts credit card payments, as the option of a taking a portion of your credit card sales can be available instead of a daily debit.

What is the factored rate?

Qualifying requirements are minimal. You must be in business for at least 6 months, grossing a minimum of 5 k monthly in revenues and you do have an active business bank account: It helps if your business accepts credit card payments, as the option of a taking a portion of your credit card sales can be available instead of a daily debit.

How are the payments determined and what is the finance rate charged for the advance?

Qualifying requirements are minimal. You must be in business for at least 6 months, grossing a minimum of 5 k monthly in revenues and you do have an active business bank account: It helps if your business accepts credit card payments, as the option of a taking a portion of your credit card sales can be available instead of a daily debit.

What’s the maximum can I be approved for?

Qualifying requirements are minimal. You must be in business for at least 6 months, grossing a minimum of 5 k monthly in revenues and you do have an active business bank account: It helps if your business accepts credit card payments, as the option of a taking a portion of your credit card sales can be available instead of a daily debit.

Does applying for a merchant cash advance affect my personal credit?

Qualifying requirements are minimal. You must be in business for at least 6 months, grossing a minimum of 5 k monthly in revenues and you do have an active business bank account: It helps if your business accepts credit card payments, as the option of a taking a portion of your credit card sales can be available instead of a daily debit.

What if I already have a business loan?

Qualifying requirements are minimal. You must be in business for at least 6 months, grossing a minimum of 5 k monthly in revenues and you do have an active business bank account: It helps if your business accepts credit card payments, as the option of a taking a portion of your credit card sales can be available instead of a daily debit.

How do I qualify for a merchant cash advance?

Qualifying requirements are minimal. You must be in business for at least 6 months, grossing a minimum of 5 k monthly in revenues and you do have an active business bank account: It helps if your business accepts credit card payments, as the option of a taking a portion of your credit card sales can be available instead of a daily debit.


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