Business Cash Advance > Small Business Financing > Business Loan Alternative

Merchant Cash Advance

To provide online assistance, we have listed the most frequently asked questions regarding our services.

If you have a question that isn't addressed below, call us toll free at 1.866.230.7979 or email us.

Click on one of the questions below to see its answer.

1.		Is this a loan?
		No. It is an advance that you will repay with future credit card sales from your business.
2.		Is there a set monthly amount to pay back?
		No. You pay back a set percentage of your credit card sales until you pay back the money. So if you have a slow month in business you just pay less back. Ify ou have a busy month, you pay more back.
3.		Do I need to be currently taking credit cards at my business?
		Typically, yes you do but we have other venues that may be able to help you get the money you need. If your business was thinking about starting to take credit cards we can get you up and running now so that when the time comes that you have been taking them long enough it is one less step to do down the road.
4.		Will I need to change my merchant services company?
		Yes. You need to use the companies we have agreements with to make the payments.
5.		Will my merchant services rates increase?
		The companies we deal with will usually match what ever your current rates are now. There are very rare time that they might have to due to the risk involved in the way you accept credit cards.
6.		Do you report to the credit reporting agencies?
		No. There is no filing to show the transaction but your credit file will be pulled to verify your information.
7.		Do I need to personally guarantee the money?
		No.
8.		Do I need to prove what I am using the money for?
		No.