Frequently Asked Questions
How long will it take to get the money?
It usually takes about 10 days to receive your funds.
How much do I qualify for?
It’s different for each merchant. We will fund up to $150,000 per location but can make exceptions to fund more. Call us at (800) 818-6260 and see how much you qualify for.
Below outlines some of the general qualification criteria:
- No open bankruptcies.
- Must have a brick and mortar fixed business location.
- No home-based businesses.
I am a new business, can I qualify?
To meet our minimum qualification criteria, you have to have been in business for at least 3 months. We can also provide funding for startup restaurants that have a liquor license. Call to see what you may qualify for: (800) 818-6260.
What will my interest rate be?
This is a merchant advance and not considered a loan. This means you will not have an interest rate, repayment term or monthly payment.
What is a merchant cash advance?
A merchant cash advance transaction is a form of factoring and not a loan. The transaction is a purchase of your future credit card receivables at a discount. We retrieve a specified amount automatically based on a small percentage of your Visa and MasterCard sales. If your sales are high, the retrieval time is faster. If your sales are low, the retrieval time is slower. This allows you to have the cash flow flexibility most businesses need to succeed.
How do I pay it back?
We retrieve a small percentage of each of your Visa and MasterCard sales until you are paid in full. You retain all of your cash, checks, Amex and Discover sales.
Pre-Qualify In 60 Seconds
THE REVENUE ADVANCE DIFFERENCE
- No personal guarantees
- High funding limits
- Prequalify in 60 seconds
- Great terms with most approved
- Fast funding times
