Merchant Cash Advance May Be What You Need, If Fast Flexible Funds are What You’re Looking For
A merchant cash advance is a discounted lump sum capital advance now, in exchange for an agreed upon percentage of future credit card sales. It is NOT a loan, but rather an unsecured loan alternative. This type of program can offer flexible terms that are based on each client’s situation and current business.
- Cash advance amount varies based on monthly sales volume
- Funds can be dispersed within a week or less, often times
- No restrictions on use of funds
- working capital
- and more
- Once balance of cash advance is paid, client can “re-up” even easier
- Must be in business for 12 months and have a minimum of $10,000 monthly gross revenue
Commercial Source Funding works hard to cover the needs and demands of our clients. With the flexibility and simpleness of a merchant cash advance, it may be the program for you. Please contact us today to learn more.