We provide business owners with an upfront fixed amount of cash. The funding amount is based upon a percentage of the businesses credit card receivables using historical credit card receipts and bank statements to determine the initial advance. The business pays back the advance, plus a percentage, often referred to as a discount factor, from a portion of their credit card receivables plus a percentage which is often referred to as a discount factor. The remittances are drawn from the business customer on a daily, weekly or monthly basis until the obligation has been met.
99% of business owners qualify for a cash advance as long as they have regular credit and debit card sales.
Bad credit is not an issue!
After approval, you can expect to receive funds directly into your business checking account in less than 24 hours after approval.