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Frequently Asked Questions: |
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- Q.Does it have any costs to see how much I can qualify for?
A.There is no up-front fees or costs to you when applying for funding.
- Q.Is there any obligation from me to take your funding after I qualify?
A.No. This is not a loan, so there is no obligation to do so. Everyone is entitled to see how much their business can qualify for.
- Q.Are financial statements required for a business cash advance?
A.Financial statements are not required. This type of funding involves much less paperwork than a bank loan.
- Q.Is collateral required for a business cash advance?
A.Collateral is not required. This is unsecured funding based on your company credentials.
- Q.Is there a fixed term to pay off the business cash advance?
A.There is no fixed term for repayment. We will work with you to pay it off.
- Q.Is there any fixed payments to pay off the business cash advance?
A.There is no fixed payment amounts. We will work with you to pay it off.
- Q.Does my company have to change credit-card processors?
A.No, you do not have to change credit-card processors.
- Q.Are 2-3 years or more in business required to qualify?
A.No.
Minimum 6 months to a year in business, but we will also work with new
business processing credit cards from their customers.
- Q.Are 12 to 24 months of documented credit card sales of $10,000 to $25,000 or more required?
A.4 months of $5,000 or more months of credit card processing statements.
- Q.What are the minimum and maximum business cash advance amounts?
A.The minimum amount of funding is $10,000. The maximum is $175,000. It is all based on your current sales volumes.
To see how much your business could qualify for, contact us.
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