Merchant Cash Advance
Need a Merchant Cash Advance? We Can Help With That!
Here at Commercial One Group, we have a robust merchant cash advance program that is a great solution for small- to medium-sized businesses. We understand that it can be difficult for businesses with little to no credit history to get financing when they need it. that’s why we offer this great cash advance program that isn’t based on credit or collateral.
How the Program Works
If you’re not sure how a cash advance works, here’s a brief overview. Instead of being a traditional loan, a cash advance is simply an advance of up to $200,000 for every business location you own. Cash advances are taken out against your credit account. This means that instead of requiring you to make monthly payments, your cash advance is repaid with a percentage of your future sales by credit card. So if your customers pay for their purchases with one of the major credit cards, a portion of each sale will go toward your cash advance.
A few benefits of our merchant cash advance program include:
- No unnecessary fees
- No collateral required
- Minimal paperwork
- Funds arrive within seven days
This financial solution may be just what you need to secure working capital for all your business requirements. Contact us today and we’ll be happy to send you an application.