MERCHANT CASH ADVANCE
Why a merchant cash advance?
A merchant cash advance, also known as a business cash advance, is financing based on your future credit card receivables. How does this work exactly? Well, This type of merchant financing is repaid on a daily basis as a percentage of your credit card sales. Therefore, if your sales are high, your advance is paid off faster and if sales are lower, your payment is lower.
A merchant cash advance can help with:
- Inventory purchases
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Equipment needs
- Marketing opportunities
- Short-term capital needs
- And more!
Features of our Merchant Cash Advance Program:
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Qualify for 85-250% of your monthly credit card sales
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Repayment amounts based on daily credit card revenue
Benefits of our Merchant Cash Advance program:
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Flexible Repayments
Repayments are based on a percentage of daily credit card sales.
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Fast Approval
Apply online or over the phone and get a free, NO HASSLE, no obligation quote.
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Financing Now
Get up to 250% of your monthly credit card sales volume in one lump sum to take care of the things you need for your business.
How to Prepare Before You Apply
Just like any other means of financing, there are a couple questions to consider before applying for a merchant cash advance:
Knowing the answers to these questions will allow our Business Advisors to better serve your unique funding needs.
1. Is your business seasonal and does that effect your sales volume?
2. What percentage of your businesses sales volume is credit card sales?
Merchant Cash Advance Requirements
Starter Merchant Cash Advance
Businesses with as few as three months of credit card sales volume are able to apply. This is a great place to start and grow your business.
Premium Merchant Cash Advance
Been around longer and want to be treated like it? If you’ve been in business for longer than three years, we’ll offer you our lowest cost, best options.
Ready to Apply?
You only need four things to get started:
1. Government-issued photo ID (Driver’s License, Passport, ect…)
2. Voided check from your business checking account
3. Last three statements from your business bank account
4. Last three credit card processing statements
Let’s get started
Strategic Cash Advance is here to help you find the exact financing solution to fit your needs.
Our dedicated Business Advisors are with you at every step, making the process fast and easy.