FAQs

Below are our detailed answers to the most frequently asked questions regarding our Merchant Cash Advances. Contact us to find out more or Apply Online:

What Business Types Qualify for a Merchant Cash Advance?

Virtually any type of legal business can qualify for a Merchant Cash Advance. Contact one of our Advisors to find out more.

How fast can I access my funds?

Once approved, funds can be deposited within 24 hours (during normal business hours).

What is the interest rate for a Merchant Cash Advance?

A Merchant Cash Advance does not have an interest rate since it is a special type of funding that is an advance against future sales. The "factor rate" of a Merchant Cash Advance varies with each type of business and the amounts and frequencies of receivables, for example.

Are there any restrictions on how I can use my funding?

Unlike many other types of business or capital funding, our Merchant Cash Advance has no restrictions on how you or your business can use your funds.

How can my business qualify for a Merchant Cash Advance?

Primarily, we look for consistent revenue with monthly receipts at a minimum of $7,500, and a minimum of 6 months in business.

If I have bad credit, can I still qualify for a Merchant Cash Advance?

Yes, you may qualify for a Merchant Cash Advance even if you have a low credit score since it's mostly based on your business' cash flow/receivables and other business factors.