Alternative financing was created to meet the underserved capital markets from traditional financing. It allows access to capital to SMB’s without the hassles or requirements of traditional financing.
While credit history does have a small role in underwriting, our programs don’t require good credit or collateral for approvals. We look at other factors such as type of business, length of time in business and a business’s cash flow.
$5,000 - $1,000,000
Yes. Originally alternative financing was designed for business owners that didn’t qualify for traditional financing. However, as the industry evolved with new programs, every business owner that wants financing fast, is a now good candidate.
Funding typically takes a few days and can be as fast as 24 hours for new accounts and same day for existing clients.
A merchant cash advance is a quick and easy way for small and mid size businesses to get the working capital they need. We purchase a set amount of the merchant's future credit card receivables at a discount and take a small percentage of the daily credit card transactions to get paid back.
Absolutely not. We will present you with options and you can decide at that point if you would like to move forward.
It depends on various factors but you can qualify for up to 100% of your monthly revenue.
The repayment is automated by either a fixed daily ACH or an agreed upon percentage of your daily credit card transactions.
Sure, we will pay off your balance out of the funding amount and you will net the remainder.