2. Do I qualify?
If you are a business owner, been in business for more than a year, and have monthly credit card sales in excess of $5000 you can be approved! All we need to make you a proposal are a completed and signed application, three recent consecutive months of credit card statements and your business bank statement. It is that easy!

3. How large of an advance can I get?
Several factors determine how large an of advance you can get. Whether you want $5,000 or $250,000, we base your capital request on your past monthly credit card receipts and the length of time you have been in business. We can be more aggressive with the amount of capital you request if you choose to switch to our preferred credit card processor, who can arrange automated, third party split fee processing.

4. How soon can I get the advance?
You can receive your advance in 5 to 7 business days. Getting approved is easy! Just remember to fax in all you paperwork quickly: a completed and signed application, 3 months credit card statements, a bank statement, a copy of your license to do business, a copy of your photo ID (government issued), a copy of your business’s lease or mortgage, and a copy of a voided company check. Our fax number is (800) 878-6891.

5. What rate will I be charged?
The advance you receive is not a loan, it is an advance against your future Visa/MasterCard receivables. Therefore, there is no rate. You will select which fixed percentage you wish to pay us back over time. Most advances are paid in full within six to nine months, and if you wish to repay us earlier, there is no prepayment penalty.

6. Do I have to change credit card processors?
If your current processor has a relationship with Credit Card Advances, then you do not have to change processors. Switching to our preferred processor allows us to be more aggressive with the amount of capital we can offer you. We will be able to show you how much you can save by switching, and we can handle the switch for you without changing the equipment you currently use.

7. What can I use the money for?
We leave that decision to you. Many times the advances are used to buy equipment or inventory, renovate, advertise, meet payroll or tax obligations, pay for repairs, open a new location, anything!

8. How are my payments determined?
You choose! There are no fixed payments! We provide you with several options from which you select an agreed upon percentage of your future Visa and Master Card sales until you have paid back the purchase amount, which you also select. No additional checks to write at the end of the month! If your business is a little slow one month, the amount you pay will lower accordingly, since it is a percentage of your credit card volume. Try asking a bank for that flexibility!

9. How do I keep track of what I paid?
You will receive a monthly statement detailing how much you paid the previous month, year to date payments, and what your current balance is.

10. Do you look at my personal credit?
For most small businesses, partnerships or proprietorships, the business owner’s credit is an important tool used to evaluate the company for an advance. We do not base our decision on your personal credit score. We value your ability to pay, and your willingness to pay.