Merchant Cash Advance

Merchant cash advance’s is one of the most easiest and popular methods for business financing. Cash advance business’s has been around for a while, but has grown in the last few years, making it a very popular financial source for small businesses.

Any funds received through a business cash advance is not a loan, it is a cash advance paid against Visa or Master card merchant account receipt and these amounts are paid back through the merchant account itself.

Fundamentals for a Small Business Cash Advances

1. The business must accept Visa, Master Card, American Express or Discover as a form of payment.
2. The business must process payments of $1500 or more in a month.
3. The business should have been operating for at least 2 years.
4. Non-recurring businesses: credit card processing and bank statements for each of the previous three months are necessary immediately following the application as well as your 6 month consecutive summary statements for that year.
5. recurring businesses: credit card processing and bank statements for each of the previous twelve months immediately preceding the month of application

The biggest reward that the cash advance business offers to the merchant is that they are not personally liable to repay a small business cash advance. Most businesses accept credit cards as a form of payment. Rather than using the personal credit of your small business, the owner can sell his future credit card receivables at a discounted price to the cash advance business companies. This is pretty much similar to factoring, except in this case your credit card receivables are factored rather than the business-to-business statements.

Cash advance businesses get repaid through future Visa and Master Card sale. Other payments received through cash check or other cards are left with you and only the Visa and Master card payments are used for repayment. There are no permanent payment schedules with our business cash advance that we would provide you, and they get repaid automatically when the merchant has a Visa or Master Card Sale.


Merchant Funding - Retail Cash Advance - Small Business Loans