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(866) 529-6151
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(866) 529-6151
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Frequently asked questions
Is it hard to get approved?
No, if you have accepted credit cards for at least 6 months and been in business for at least one year you are eligible. We have an approval rate over 95% and is usually not based on personal credit.
Do you require a personal guarantee?
No. A business cash advance is not a loan, it is an advance purchase of future credit card sales of your business. A business cash advance also does not affect your ability to obtain a business loan and does not report to your credit.
What if I have bad credit?
Bad credit is usually not an issue as long as you do not have unresolved bankruptcies.
How much does it cost?
There is no application fee involved or percentage rate. The amount paid back for the advance is a fixed amount with no hidden costs. It is paid back automatically from credit card sales with no check to write or payments to send in.
How long does it take to pay back?
It can take anywhere from 6 to 12 months to pay back the advance.
Am I eligible for another advance once I pay it back?
Absolutely. 80% of our clients to chose to automatically renew their advance once they have completed the payback on the first advance.
How long does the process take?
The application only takes a few minutes and we can have you approved in 24 hours. Once approved you will have your money sent directly to you within a few business days.