BUSINESS CASH ADVANCE
A business cash advance also known as working capital advance is a fast alternative means of the acquiring a quick cash infusion for your immediate business needs. This is not traditional bank financing & is structured differently for fast efficient funding. See below major differences from bank financing.
- No APR percentage or interest rate–payback is based on a factor rate used to calculate the amount and payback schedule. There is simply a one time flat cost of funding paid back over the term of the advance.
- No large monthly payment–instead, your business repays a on a daily or once a week basis, Monday through Friday, through an auto debit from your business checking account until the advance is paid in full.
- The payment amount is usually a very small % of your average daily balances, in many cases as low as 2-5%.
- There are no early repayment penalties, in fact, since the ever evolving industry has become so competitive most of our funders are now offering early payment discounts saving you thousands of dollars if your business is able to take advantage of an early payoff. Most of our funders do not have a personal guarantee & most fundings are uncollateralized.
Terms as short as a 3 month bridge funding to as far out as a 2 year program for better qualified files. Pre approvals are fast & typically within 24 hours of your application being received.
- About Us
- Contact Us
- Terms & Conditions
- Site Map