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Cash Advances

BENEFITS OF MERCHANT CASH ADVANCES

• Funding in 10-14 Days

• No Personal Collateral Needed

• Receive up to $150,000 per Location

• Use for any Business Need

• We Get Paid When You Get Paid

• No Fixed Payment Amount

• Fully Automated Process

• Damaged Credit History not an Automatic Disqualifier

CAPITALIZE ON THE STRENGTH OF YOUR BUSINESS

Wholesale Payments' Merchant Cash Advance is a funding product providing business owners an alternative to business loans. If your business processes regular credit card sales and meets a few other simple criteria, you may be able to convert some of your future credit card sales into working capital.

Basic Criteria to Qualify for a Merchant Cash Advance:
• You have owned the business for one year or longer
• The business has a physical location, and you are current with the landlord
• The business processes a minimum of $5,000 per month in credit card sales

HOW IT WORKS

  1. Once approved, your business sells Wholesale Payments a fixed amount of its future credit card sales at a discount.
  2. In exchange, your business receives a lump sum of working capital. You are free to use it for any business need.
  3. The credit card processor automatically sends Wholesale Payments a fixed percentage of each credit card sale as it is settled.
  4. The business’ credit card sales volume determines how much is forwarded each time – there are no fixed payment amounts. We get paid when you get paid.

3 out of 4 of our eligible customers choose to return for another funding, demonstrating our commitment to customer satisfaction.

TRUST AN INDUSTRY LEADER

   

 

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