Credit Card Advance Process

The process of a merchant cash advance goes like this;

1. You fill out a simple 2 page application form.
   
   
2. One of our advance specialist looks over the application and either approves or denies you based upon your application. If approved, they will let you know how much your are approved for and gives you a quote.
   
   
3. If you agree and everything checks out, your information is given to our underwriter to begin the funding process. If you do not agree, you are free to walk away.
   
   
4. Once at our underwriter, all of your information is verified. If everything checks out they will begin the process by setting up your credit card process to take a small agreed upon percentage of your daily credit card sales.
   
   
5. Once your credit card processor is set up, they will transfer your cash advance directly to your bank account.
   
   The entire process takes approximately 4-7 days.
   
   
6. Then it's business as usual. The payback amount is automatically deducted from your credit card sales each time you batch out.
   
   It usually takes from 5-9 months to pay back your merchant cash advance.
   
   
7. Once your pay back 60% of your advance; you are automatically qualified for another cash advance.

That's it. With a merchant cash advance there are;

• No long waits.
• No intrusive application process.
• No monthly bills to pay.
• No penalties for late payment.
• No risk of losing your personal assets if you default on the cash advance.