What is a Merchant Cash Advance?
Merchant Cash Advance is a Quick and Flexible Funding Solution Compared to other Funding options, With Fixed Payback Amount, Short To Medium payback Term to Keep you Safe from Long Debt Structures with Negotiable yet Fixed Payback Structure based on Qualifications.
Pros of a Merchant Cash Advance
- Short to Medium Term Loan Based on Qualification, Keeping you Safe from Long Term Liabilities.
- Micro Payback Terms [Daily or Weekly], Saving you Heavy Payback Amount at the End of each Month ineffective on your cash flow
- Negotiable Terms making it unique compared to other options as you get to try to close the gap to your expectations [Based on Qualification]
- Renewal Program- You can be eligible for a renewal of the Same principle you got initially after paying back 50% of the total payback amount on-time. On renewals, you will get a better rate, Term and even Payback frequency [better than another position and based on qualification].
- Quick Approval-> Get Approved in as quick as 24 hours and funding in 48 hours [based on the complexity of the file].
- Based on Monthly Sales-> Your Credit score will not be an obstacle between you and your approval.
- Minimum $5,000 worth of business bank deposits Monthly
- Last 3 Months Business Bank statements with A filled up Merchant app [ Click Here]
- No Bankruptcy or Tax Leins
- 500 Minimum FICO
- More than 50% of the Active Advance amount should be paid off [If any Existing advances].