|
Interested in applying for a business cash advance but have some questions?
Below are some common questions regarding the AmeriMerchant business cash advance program.
Does my business or restaurant qualify for a cash advance?
If your business meets the requirements below you qualify for AmeriMerchant's Cash Advance:
You must have a merchant account processing at least $5,000/month in credit card and/or debit card sales from your customers for at least 60 days.
You must be current with your landlord (we do perform a landlord verification call) or current with your mortgage if you own the building.
You must have at least twelve (12) months left on your lease if you are renting your business location.
You can not have any open bankruptcies in the last 12 months
How does AmeriMerchant's business cash advance work?
We advance your business up to $200,000 for each business location.
Depending on your needs and your current monthly volume of credit card sales.
Are there any hidden fees when I'm approved for my business cash advance?
There are absolutely NO hidden fees upon approval of your business cash advance!
Will I be denied my business cash advance if I have bad credit?
Unsecured cash advances are based on future sales not credit your credit score.
How fast will I receive the funds from my business cash advance?
After being approved for your merchant loan you can receive funds in 7 days or less.
Is this a small business loan?
No. It's a cash advance against your future credit invoices. Our business cash advance program is the #1 alternative to small business loans.
Where do I apply for my business cash advance?
Have more questions regarding the AmeriMerchant business cash advance program?
|
