Cash Advances

What is a Cash Advance?


Our lending partners advance funds to your business and it is paid back through a fixed percentage of your future credit card receivables over a non-fixed period of time. With some lenders you will not be required to switch your credit card processor.

How does it differ from a Short Term Commercial Loan?


Cash Advances may work best for those that don’t have strong personal credit histories, or those that may not have been in business for over a year. Check out our Short Term Loan page for more information on short term commercial loans.


How long does the business need to be open?


Our partners prefer those that have been in business for at least 1-3 months. We do also work with those that may be opening a new business. It’s best to give us a call or fill out the GET STARTED form on the right to see if we can help.


How about my Credit Score?


We’ve found that clients that qualify for these types of loans have personal credit scores in the high 400s or higher. (If you have strong personal credit, you may want to check out our Short Term Loan options.)


What about Bankruptcy?


Applicants should have no active bankruptcies.

How much business do I need to bring in every month?


Our partners look for a minimum of $5,000 per month in credit card sales.

What types of terms are available?


Cash Advances have approximate terms of 6 to 14 months.

How much funding can I get for my business?


Funding ranges between $5,000 and $2 Million depending on credit score, sales, and length of time in business.

Short Term Loans

What is a Short Term Commercial Loan?


These types of loans have fixed interest rates and terms.


How does it differ from a Cash Advance?


Short Term Commercial Loans are funded through our bank partners.  The term, payments, and interest is fixed.  The interest is also tax deductible.  Switching credit card processors is not required.

Check out our Cash Advance page for more information on cash advances.


How long does the business need to be open?


Our Bank partners prefer those that have been in business for a minimum of 1 year.


How about my Credit Score?


We’ve found that clients that qualify for these types of loans have personal credit scores of 550 or higher. (If your score is lower, check out our Cash Advance options.)


What about Bankruptcy?


Applicants should have no active bankruptcies.


How much business do I need to bring in every month?


Our Bank partners look for a minimum of $15,000 per month in combined cash and credit card sales with a positive balance shown on statements.


What types of terms are available?


Short Term Commercial Loans are typically available in the range of 6 to 18 months.


How much funding can I get for my business?


Funding ranges between $5,000 and $2 Million depending on credit score, sales, and length of time in business.