Our Merchant Credit programs provide you multiple options to secure money for your business including merchant advances and merchant credit lines.
If you accept credit cards now or would like to, our Merchant Credit programs might be a perfect fit for you. You can secure up to $250,000 in financing for your business even if you have personal credit challenges now.
- Average monthly credit sales of $5,000 or more
- Regular bank account deposits totaling $5,000 or more for a new business
- No unpaid collections or judgements on personal credit report
- 3 – 6 months of merchant statements
- 6 months bank statements
- Higher risk financing over $30,000 may require a balance sheet and profit and loss statement
- Approval from $1,000 to $250,000 depending on sales volume
- 3-18 Month Term
- Lenders typically approve 10% of annual gross revenue