How can I speed up my cash advance approval? You may do the following: Fax Visa/MasterCard processing statements and bank statements. Submit any information you might have omitted from the application and provide documentation to explain all items that may create a questionable credit report.
 

How does the program work? You are advanced up to $250,000 based on your current sales receipts. A small percentage is deducted from your ongoing Visa/MC receipts. We seamlessly collect the repayment amount by taking a small percentage from you ongoing Visa/MC receipts. There are no fixed payments and no fixed term time frame.

How much will 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.
 

Is there a fee for providing a cash advance? No, there are no administration fees.
 

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. Our approval process is much less stringent than traditional banks.

How fast can I get a cash advance? As fast as 72 hours if relevant documents are provided with your application package.

How much of a cash advance can I receive? From $1,500 up to $1,000,000. The amount of the funding is based on your monthly Visa/MasterCard sales. We can provide you up to 2 times of your monthly processing volume.

How will I pay back the cash advance? It is calculated based on your cash flow projections, we partner with you to determine your optima payment. One that will be easy for you to repay.

Is this a loan? No. This is not a loan. It is a purchase of future receivables. We purchase your future credit card transactions.

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.

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 $2,500.00 of your monthly VISA/MC transactions.

Can the advance be renewed? When the advance balance is down to approximately 30% of the original balance, the borrower can request it. As a matter of fact, most of our customers opt to do just that. The owner of the business can request a renewal by phone, fax, or e-mail. Renewals are usually funded in less than 24 hours of being requested.

Do I have to get a new credit card terminal? Very rarely. All you have to do is re-program your terminal, which takes only 10 minutes and it can be done over the phone. We will take care of this entire conversion process for you so as not to disrupt your processing.
 

Is there a limitation on how I can use the money? No. We are not like traditional banks. We do not specify how you must use the working capital.