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Merchant Money provides merchant cash advances to business owners. This is done by purchasing a portion of your future Visa and MasterCard sales at a discount. This program is very different than a small business bank loan. The amount of funds to be advanced is based on your prior six months of credit card history. Then, we will take over your future credit card processing and deduct a certain percentage of the Visa and MasterCard sales until your account is paid in full. At that time, you may be eligible for an additional cash advance.
The amount of the cash advance, the collection percentage and the payback depend on your industry class and business history. Merchant Money is a great alternative to a small business bank loan. If you have less than perfect credit, we can help by provide the working capital that your business needs to grow.
Where a small business bank loan will take 2 or 3 months to get funded, we can get working capital injected into your business within 7 to 10 business days. Now that’s fast cash!
A small business bank loan has a business application for those with the track record, assets and credit to get approved. For many small businesses, a business cash advance is a faster solution that will enable you to take advantage of an unexpected opportunity or to pay taxes.
To receive our “Snap Shot Offer” for a merchant cash advance, fax one or more of your merchant account statements to the fax number listed above. We will submit it to our underwriting department for approval and one of our knowledgeable Funding Advisors will call you to review the details.
Many thanks for taking the time to research our merchant cash advance program.
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