Credit Card Merchants

easy funding now available

You can now secure funding based on merchant credit card sales. If you accept Visa/MasterCard payments (from commercial or consumer customers), you may qualify for funding based on your credit card sales.

• Restaurants
• Retail stores
• Dentists
• Chiropractors
• Veterinarians
• Other Service Businesses
• and more!

• 1 Year in Business
• Can provide current processing statements for the previous 6 months of at least $4,000 per month in credit card sales.
• Have acceptable personal and business credit (may be as low as 500 personal credit)
• No open tax liens, judgments or bankruptcies
• Be in good standing with your landlord with at least one year remaining on your lease
• Provide the past 6 months of bank statements to qualify for larger amounts.

You may use the funds for:

• Inventory
• Advertising
• Expansion
• Equipment purchase
• Taxes
• Working Capital
• Emergencies

Merchants Apply Here

Merchant Card Funding Questions & Answers

How does this work?
You receive an advance of between $3,000 to $125,000 based on your needs and qualifications. This advance is repaid from a small deduction from each credit card transaction. The balances of your credit card payments continue to come to you.

How long is the payback term?
The minimum payback term is 90 days; you may take up to 6 months.

How much will it cost?
There are no upfront fees or closing costs. The fees can range from 1.25% to 1.45% and are based upon credit worthiness, length of time in business, length of lease, monthly VISA/MasterCard volume, average monthly sales volume, and past business history.
 
How long is the payback term?
The minimum payback term is 90 days; you may take up to 6 months.

How long is the time I have to wait to find out approval?
Pre-approval is usually obtained within 24-48 hours. Funding usually takes less than 14 days; depending on the amount of the transaction and the time it takes to get the necessary documents.

How do you determine the size of the cash advance for which my company can qualify?

This is determined by the average Visa/MasterCard volume over a 90 -120 day period. To be approved for the highest amount possible, provide documentation such as bank statements and sales tax receipts that supports total sales volume. The largest amount possible is given based upon the documentation provided, and you decide how much you want to accept. If you choose not to take the entire approved amount on the first funding, you may request the unused portion later at any time. No financials are required.

What are the benefits of this program?

• The program is simple!
• Funding can occur in as little as 10-days
• Easy payback terms and conditions
• Can include all fees in cost of goods
• Available funding for opportunistic buys
• Tax deductible
• Builds business credit
• Increases open to buy for retailers
• No need to markdown inventory to raise cash for new inventory
• May receive additional funding for other purposes upon requests