Merchant Cash Advance

Published 01/06/2017


Need Cash... quick?

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Did you know that as Swipe for a Cause merchant you receive a cash advance on your credit card sales through First Data?  All it requires is filling out a one-page application and you can receive the funds in 3-5 days. 

Is it right for you?

Advantages:

  • No fixed term
  • No fixed payment amount
  • No personal guarantee
  • No collateral
  • Get an answer and funded much faster than a loan
  • An alternative option if your business does not meet bank loan criteria

Disadvantage

  • Costs more than a typical bank loan

Download Brochure for More Information

Download the brochure to learn more. 

Download Brochure 


How it works

You will work with the agent to determine how much you qualify for, the term, and the amount of your payments. The agreed upon payment structure will be deducted from your batches daily until the advance is paid off. Many businesses use alternative forms of lending; this is another tool to put in your back pocket for those times when you need cash quickly or are having trouble getting a bank loan. 



 

Tags: Alternative Lending, Merchant Cash Advance