FAQs: business cash advances

• Q. What are business cash advances?
• A. business cash advances are simply an up-front extension of cash to your business based on an agreement by us to purchase of a portion of your business' future credit card sales.
• Q. How does it get paid back?
• A. business cash advances get paid back to the lender with a small fixed percentage of your future credit card sales. The small fixed percentage amount will be withheld each time your business makes a new credit card sale until the cash advance is paid back in full.
• Q. How much cash can I get?
• A. It depends on your credit card sales volume, but in general, the higher your credit sales the higher the advance.
• Q. How soon can I get the cash advance?
• A. After completing the Application you can expect the money in as little as 72 hours, but it can take longer.
• Q. How will I receive the cash advance?
• A. The proceeds of the cash advance will be directly deposited in your bank account.
• Q. What can I use the cash advance proceeds for?
• A. Any way that you want. There are no restrictions on how you use the money.
• Q. Do I need to have good credit in order to receive a cash advance?
• A. Having bad credit will not disqualify you.
• Q. How do I qualify?
• A. If you have not been turned down before, and can answer Yes to the following questions, then you should apply.
• • Have you been in business for at least 6 months?
  • Does your business accept credit cards?