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Cash Advance Q&A
 
 
Q. How does Cash Advance work?

A. Cash Advance puts cash in your hands quickly by giving you an advance on your business future credit card sales. Funds are deposited directly into your account electronically and repayments are flexible. Once approved, you'll have access to your cash within 7 business days. That's Rapid?
 
 
Q. How do I qualify for Cash Advance financing?

A. Qualifying requirements are minimal. You just need to show us that: 
•  Yor business accepts credit card payments, and that you have at least $2,500.00 a month in Visa and Mastercard sales. 
•  You meet our basic underwriting requirements.
 
 
Q. What if I already have a business loan?

A. Our Product is an advance, not a loan. As long as you meet our requirements, we can still provide you with immediate cash, without affecting your other obligations.
 
 
Q. Does Cash Advance look at my personal credit history and will it affect my credit report?

A.
 Our business friendly scoring method included a review of your personal credit , but does not require personal guarantees.
 
 
Q. What is the cash advance limit?

A. Every business is unique Cash Advance will determine your amount limit based on your average monthly credit card sales. There are no requirements For minimum transaction volumes. We generally fund from $2500.00 to $150,000.00
 
 
Q. How are the payments determined, and what is the finance rate charged for this service?

A. 
The best thing about Cash Advance cash advance is that there are no fixed payments. 
WE ONLY GET PAID WHEN YOU MAKE A SALE . The money you receive is an advance against your estimated future monthly sales. There is no finance charge. We simply take a previously agreed upon percentage of your future salesuntil your account with us is settled. It's that simple.
 
 
Q. How do I keep track of my payments?

A. You'll receive a monthly statement in the mail. In addition, with your member password you can log onto our website to view your payment history, track your daily transactions and see your remaining unpaid balance.
 
 
Q. How do I get started?

A. Complete our 3 minute application (available from your account executive) and fax it to the number below with 4 months of your Visa/Mastercard statements. We'll call you within 24 hours with your pre –approved amount!
 
 
 
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Cash Advance
 
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