A Merchant Cash Advance is a funding product providing working capital to business owners. Merchants sell a specific amount of their business' future credit and debit card receivables (at a discount) in exchange for cash they can use for whatever their businesses need.
Getting cash for your business can be fast and simple. You could receive up to $150,000 per location in less than 10 business days-sometimes in as little as 72 hours.
Once approved, a lump sum of cash is deposited into your business' checking account. The collection process is automatically handled by the business' credit card processor. As each day's credit and debit card transactions are settled, a specific percentage is forwarded and applied to the remaining Merchant Cash Advance balance.
Because a set percentage of credit and debit card receipts are forwarded, your card-sales volume determines the amount of each payment. No inflexible monthly payment amounts, and no possibility of missed or late payments and their associated penalties.
Our Champion Swift Funding Merchant Cash Advance powered by Advanceme is a proven, trusted way for you to get quick money for your business needs. You decide how to spend the money, whether it is for renovation, marketing/advertising, taxes or payroll, handling the costs of emergencies, or growth strategies.
There is low documentation, and no personal collateral is required. A Merchant Cash Advance builds on the strength of your business' existing and future credit and debit card sales, so a damaged personal credit history is not an immediate disqualifier.
Who is eligible?
To be eligible, your business must process a minimum of $5,000 per month in Visa and MasterCard sales. There are no application fees and no hidden charges. Because it aligns so well with the way they operate, 3 out of 4 qualified customers will return for multiple advances to help stabilize and grow their businesses.
info@championswiftfunding.com
305-318-5558
