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Merchant Cash Advance
Need money for inventory, cash flow, expansion or advertising? Want to avoid a lengthy loan process with hidden fees and no guarantee of approval? First Source Advance can help. We offer working capital to small businesses just like yours.
It's not a bank loan. It's not a credit line. It is our investment in your business future. We advance you cash now. You repay it with a small, fixed percentage of your daily credit card transactions. You get the money you need to grow. You repay it out of that growth.
It is simple and straightforward. No surprises. There are no gimmicks, no strings, no restrictions on how you use your money. If you process at least $5,000 per month in credit card transactions, you can get the cash you need in as little as ten days.
Turn Your Credit Card Receipts Into Cash You Can Use Today. Regardless of your credit history, you may qualify for funding. Once you get it, you may qualify for automatic renewals any time you need more cash. It's virtually risk-free. Find out more today.
The Application Process
Here’s how simple it is to get the capital you need.
Qualify. No Cost. No Obligation. If you:
- are a restaurant, retail, or service business
- process at least $5,000 per month in credit card sales
- have no open bankruptcies
A Funding Consultant will determine how much money you qualify for, based on your average monthly credit card volume, and will contact you within 24 hours to discuss our funding solution.
Apply. Regardless of your credit history.
Should you decide to proceed, we will ask you for 3-months of credit card and bank statements and a copy of your lease.
These documents will be submitted to our underwriting department for approval. Within 48 hours, your Funding Consultant will contact you to discuss the specifics of our agreement. We will then deliver a contract to you before closing of the next business day.
That’s all. Just sign and return our agreement and, within a week, funds will be deposited automatically into your business bank account.
Invest. Grow your business.
Once you have capital to invest, We will begin collecting a small, agreed-upon percentage of your daily credit card sales until our agreement is fully executed. You never have to worry about writing a single check or paying a single late fee. You only worry about growing your business.
The approved processing bank will transfer funds automatically and electronically, just as happens every day with your credit card batches. In fact, your advance could be made whole without you even noticing!
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