What is a Business Advance?
This simple and convenient alternative to a traditional business loan will help your small and mid-sized business by providing a real solution for business owners who can no longer obtain working capital. Many business owners don't have the option of traditional sources of capital such as bank loans, credit card loans or home equity loans. Business cash advances provide a hassle free solution for small business owners in need of immediate working capital but don't qualify for a business loan.
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Better than a Business Loan
Business Cash Advances are Your Best Alternative to Small Business Loans or Unsecured Business Loans.
In today's economy, qualifying for a business loan is difficult and involve many hurdles such as; excessive paperwork, long approval process, low approval rates, personal and collateral guarantee, fixed monthly payments and restrictions on the use of funds.
Our business cash advance process is very simple and provides business funding with a one page application. Your business will greatly benefit from the high approval rates, minimal credit requirements and a flexible repayment process based on the sale volume of your business.
What types of businesses / merchants are eligible for the cash advance program?
In order to qualify for our cash advance program, your business must process a minimum of $2500 per month in credit card transactions and can not be a home based or start-up business. Your business must be processing credit cards with a physical terminal (paypal and online payment gateway are not eligible for a cash advance).
How is a business advance repaid?
It's actually very simple and easy to manage. One of the benefits of a business advance are automated and flexible payments. Since advances are based on your future credit card sales, the business pays back the advance based on the sales volume, so the payments are always suited to your business' ability to make them. If business slows down, your payment amount will be less.
Bad Credit? Need Funding?
No problem. Rapid Capital Funding has a 90% approval rate. Business with bad credit - ok.
When businesses need cash, we provide an alternative to a small business loan with our program.
Our Cash Advance Program Offers:
Up to $250,000 per business location. We can advance you up to 1.5 times your monthly credit card sales volume
Over 90% Approval Rate on all advance applications.
Once approved, you will recieve funds in 7 days or less
No fixed payment schedule, we only get paid when you get paid
You may use the funds from your cash advance however you choose
Program Requirements:
Your business must accept visa or mastercard as a method of payment.
Your credit and debit card sales are a minimum of $2,500 every month.
