Call: 1877-365-NDCA (6322)   

WHAT IS MERCHANT CASH ADVANCE?

With a Merchant Cash Advance, you get a lump sum of cash. You can convert your future Visa and MasterCard sales into immediate working capital that you can use for any business need, automatically deposited to your bank account. An automated payback system is set up based on your daily credit card transactions. Payments are automatically applied to your remaining balance until the balance is fully paid.

How It Works!

We give you cash in exchange for a fixed dollar amount of your future credit card sales Unlike a traditional small business loan, a cash advance goes with the flow of your business: At the end of every day, our automated process retrieves a small fixed percentage from your merchant account of your daily transactions (We get paid only when you get paid), Managing your cash flow will be easier than ever, especially during slower months.

How can I use the funds?

You can use the funds in any way you like, most uses include:

• • Buying inventory
• • Remodeling a business
• • Buying equipment
• • Paying debt
• • Working capital
• • Expanding your business
• • Payroll

Here are some of the benefits the Business Cash Advance Program offers:

• • Funding can occur in as little as 5 - 10 days
• • Easy payback terms and conditions
• • Tax deductible
• • Improves cash flow
• • Builds business credit
• • Does not affect a business' debit-to-income ratio
• • Unlike a loan, no fixed payment schedule

What are the requirements for a Business to qualify?

• • Be in business for at least 1-year
• • Accepts credit cards as a form of payment
• • Business must process at least $5,000 per month in credit card sales
• • Provide processing statements for the previous 4 months
• • Must be a Retail, Restaurant or Service Business
• • Business has a fixed location (No home based businesses)
• • Has no open tax liens, judgments or bankruptcies
• • Is in good standing with landlord at business location
• • Business owner must be current with their rent or mortgage

To learn more about our Business Cash Advance program please fill out our brief Quick application.