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Merchant Cash Advances
Most of our lenders require the following: Application 6-12 months of credit card statements Corporate documents i.e. cert of incorporation or corporate resolution Driver’s license of principal Minimum of 1 year of financial and current year to date financials
No, merchants are not required to take the full amount.
Each merchant’s pricing is specific to his or her financial situation.
Mostly anything! You can fund a variety of business purposes including advertising, new equipment and expansion.
Merchant cash advances are when a lender transfers a sum of cash into your company’s checking account in exchange for a percentage of your future credit card sales until the total amount is paid back.