Merchant Cash Advance
Do you need a faster, more effective and hassle-free alternative to traditional bank financing to acquire money for your business?
Cash Advance Program
Merchant Advance Funding is a program that provides your business with advanced funds on your future credit card processing deposits. An agreed upon percentage is taken directly from your business' future Visa and MasterCard creditcard processing...
deposits until the advance is fully repaid.
Global Capital Funding Group, LLC understands your concerns, and seeks every opportunity to present a solution. We offer the ability to fund many different acquisitions, refinance existing loans, and perform commercial workouts.
Advance amounts can be anywhere from up to 150% of your business' average monthly credit card processing volume. This volume is calculated from the prior six months of credit card processing statements. Funding is quick; you generally receive funding within 5 days after a signed contract is received. .
Advance repayment takes about seven months. Unlike a bank, the payback period is not fixed, because the repayment amount is based from a percentage of your business' credit card processing receipts. It may take longer or shorter than seven months to repay the advance.
A business is required to process their credit cards with us in order to receive funding simply because this is how we secure our funds. You can be assured that rates with our company will never be higher than what you are currently paying. Generally, businesses actually save money by processing with us, so this is an additional benefit to the Merchant Funding Program.
Merchant funding is also known as merchant factoring and is not a loan. There is no interest rate, and there are no requirements for collateral, financials, tax returns, audits, etc.
Ready to get the money you need for your business today?
Submit Capital Request