How I can qualify?
You have a business that accepts VISA and MasterCard as a form of payment.
You process a minimum of $1,500 dollars a month.
You can provide 3 months if business is not seasonal and 12 months if business is seasonal of past credit card statements and bank statements.
You have been in business at least 2 years.
How easy is it to get approved?
It is a lot easier and faster than a typical bank loan. We understand the reality and the hardship of owning and operating a small- medium size business. The majority of our Executive Funding Specialists have also owned and operated their own small to mediums sizes businesses themselves.
How does the program work?
You are advanced up to $1,500,000 based on your current sales receipts A small percentage is deducted from your ongoing Visa/MC receipts. There are no fixed payments and no fixed term time frame.
How much will a cash advance cost?
Pricing is based on the size of cash advance, the estimated time of distribution, and various other integral details of the cash advance program. This explained fully in the Cash Advance Approval sheet.
Is there a fee for providing a cash advance?
No, there are no administration fees. |
I am already with another financing company providing similar financing. Does that mean I will get approved?
Our credit underwriting standard is slightly higher than that of similar companies; however, approximately 95% of our competitors' customers who applied for our funding have been accepted.
The only sure way to find out is by submitting an application.
Is it going to cost me to apply?
No -- the application is free and there are no up-front fees charged to our customers. The sooner you get your application in, the quicker we can get back to you on the amount of monies we will be able to advance you.
I have high enough overall sales, but my VISA/MC volume is very low. Is there any way I could receive funding?
Yes. The minimum requirement for qualification of the cash advance program is $1,500.00 of your monthly VISA/MC transactions.
We custom tailor our products to suit our customers' needs all the time. Just ask!
How fast can I get a cash advance?
As fast as 72 hours. If relevant documents are missing or are difficult to obtain, as long as two weeks or more.
How much of a cash advance can I receive?
$1,500 to $1,500,000
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Will bad credit affect my cash advance request?
It is not necessary for you to have good credit to receive a cash advance. A poor credit rating, including delinquencies, will not normally influence a cash advance.
How will I pay back the cash advance?
On a formula calculated based on your cash flow projections, we partner with you to determine your optimal payment.
Is this a loan?
No. This is not a loan. It is a purchase of future receivables.
When I have repaid my first cash advance, How easy is it to apply again?
If you have experienced no change in Financial status you will be approved automatically.
How complicated is the paperwork?
The paperwork that you will need to fill out is quite simple and takes no more than ten or fifteen minutes to complete. We have Funding Specialists on hand in our contact center to help you through this process.
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