1. What if I have been turned down for a business loan already?
This is not a loan; it is an advance on future receivables therefore we do not have the intense requirements of a loan.
2. My credit is bad, am I still eligible?
Yes, your eligibility is not based on credit. However, you cannot be currently in Bankruptcy.
3. How much cash can I get?
Most business owners can qualify for up to 110% of their monthly credit card processing income.
4. How quickly can I get the cash?
Your cash will be directly deposited to your account 48 hours after you give us the go ahead
5. What is the interest rate?
Unlike a loan, cash advances do not have interest rates. This is an advance on your future credit card sales, and the pay back amount is set.
6. Where do I make payments to?
The cash advance is paid back through a small portion of each credit card transaction. There is no set payment amount.
7. How long do I have to pay this back?
There is no set repayment period. If business is slow and you are doing less sales, then you pay it back slower. If business is good you pay it back faster.
We get paid when you get paid.
