No problem. Simply call 1-888-293-3610 to speak to a Strategic Nationwide Funding customer service representative 24 hours a day/7 days a week.Click here to apply now!
No problem. Simply call 1-888-293-3610 to speak to a Strategic Nationwide Funding customer service representative 24 hours a day/7 days a week.
Absolutely. In addition to receiving a monthly statement, you will be able to log into our password protected website to view your account status.
| The credit card processor we use will either match or beat your current rates. Click here to apply now! |
You are free to use the money in any way you feel is best for your business. Many of our customers use it for expansion, advertising, new equipment or increased (or seasonal) inventory. It is also frequently used for unforeseen emergencies or to buy out a partner or acquire a new location.
The average size of our cash advance is about $25,000, although cash advances range from $2,500 to $250,000.
| Once the agreement is signed, the money will be received as early as the next business day. Click here to apply now! |
Pre-approval usually takes place within 24 hours. Funding takes two to three business days depending on the amount of the transaction.
Most businesses will qualify. Generally, all you need to show is that you’ve been in business for over a year and process a minimum of $4,000 a month in credit card receipts.
Once you submit an application, a funding consultant will determine how much money you qualify for based on your average monthly MasterCard and VISA credit card sales volume. At this time, you’ll be asked for three months of credit card and bank statements, a copy of your lease and a tax return or financial statement depending on the size of the advance. These documents will be given to our underwriting department for approval. You will then receive a contract spelling out the specifics of the agreement. If you agree, the funds will be deposited in your bank account as early as the next business day. In return, we will collect a small, agreed upon percentage of your daily credit card sales until the terms of the agreement are satisfied.
First of all, qualifying for a Merchant Cash Advance is far easier than a bank loan. No checks are ever written and there are no fixed daily, weekly or monthly payments, late fees, hidden fees or interest rates. In addition, there are no personal guarantees, no closing costs or loss in equity or need to post collateral to secure the advance.
It advances cash to merchants based on anticipated future sales, offering an alternative to the traditional bank loan. With a Merchant Cash Advance - which is not a loan - businesses receive a lump sum in return for a percentage of their future MasterCard and Visa receipts.
Many small business owners are unable to obtain traditional bank loans because they have insufficient credit or collateral. As a result, more and more have been turning to Merchant Cash Advances for infusions of working capital or other immediate cash needs.
Get up to $250,000 fast and easy