Merchant CashAdvance

A merchant cash advance helps you generate more sales and allows you to focus on managing and growing your business effectively.

You may have heard about this type of an advance as well as a business cash advance or even consumer receivables factoring—these are all the same services in our program.

What is a Merchant Cash Advance?

merchant cash advance

 

A merchant cash advance helps businesses cover momentary expenses. These advance funds will provide a business with immediate working capital. This money can then be used to help run the day to day operations of the business, as needed.

How Does Merchant Funding Work?

 

A merchant cash advance is an advance based upon future credit and debit card sales. The business would receive lump-sum payments upfront for each sale, even if their credit qualified customers are to be given extended time to pay. This sum is usually repaid in an agreed-upon percentage that is taken out of the business’s daily credit and debit card sales until the cash advance and fees are paid in full.

merchant cash advance funding

Our Clients Use Merchant Funding to:

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Fulfill urgent business needs

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Quickly replace broken equipment

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Generate more sales

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Grow their business effectively

With merchant funding, no collateral is needed to secure the cash advance.

Merchant Funding Process

step 1

Complete and submit a merchant funding application to a company like Factor Funding to see if you qualify for a cash advance.

step 2

Your request will be reviewed and a representative will contact you to discuss your status and funding options.

step 3

Once approved, arrangements will be finalized.

step 4

Factor Funding will then advance the agreed-upon sum!

step 5

Now you may use the funds to help your business grow in whatever way you see fit.

step 6

Factor Funding receives the agreed-upon percentage from daily credit and debit card sales until the advance and fees are paid in full.

step verified

Once you have qualified for our service, your next merchant funding request will be available even faster!

Requirements For

Merchant Cash Advance Funding

Merchant Funding is available to companies that have:

Been in business for at least 9 months

Accepted MasterCard and Visa credit card payments

Four months of processing statements

Required Documentation
merchant cash advance funding documentation

To complete the merchant funding application, we may ask for some or all of the following:

  • Articles of Incorporation or Assumed Name certificates
  • Copy of applicants driver’s license and social security card
  • Accounts receivable aging and invoices
  • Copy of business/liability insurance
  • Customer list
  • Copy of contracts or purchase orders
  • Copy of operating authority (MC#_______) (Trucking)
  • Worker’s compensation insurance (temporary staffing firms)
  • List of all jobs currently working on (construction)
  • Federal Tax Identification #/W-9

Merchant Funding

For Small Businesses

Who uses merchant cash advance funding? Small businesses that need capital quickly to:

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Pay short-term expenses
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Invest in a project to help grow their business
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Purchase necessary equipment

Benefits of Merchant Funding

— Especially with Factor Funding
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Quickly Receive Capital and Grow Your Business

Waiting for a small business loan to be approved can be detrimental to your business. Contact Factor Funding today to learn how to receive the capital your business needs, and fast. You may be surprised by how much easier it is to grow through our merchant funding program.

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Years of Experience

Factor Funding has been around for 20 years. We provide merchant funding and other short-term loans and business services throughout the United States.

Get In Touch With Factor Funding

To Get Started with Merchant Cash Advance Funding

What better way to get the peace of mind you need surrounding your business financing than from an expert with decades of experience helping countless others in exactly the same way?

Reach out for assistance to ensure that your feeling of being in a rut over finances doesn’t last long. We get companies the quick cash they need to get things done in the here and now so they can focus on business success.

Waiting around won’t get you to the next level and help you reach goals you know your company is destined to achieve. We look forward to chatting about your business needs and how we might be able to partner with you!