Frequency Asked Questions - Cash Advances
how easy is it to get approved?
Over 85% of our applicants get approved and funded within 5-7 business days, we require only minimal documentation and qualification is easy!
  • Have you been in business for at least a year?
  • Is your monthly Visa or MasterCard volume at least $10,000?
  • Are your prior bankruptcies or outstanding judgments resolved?
  • Do you have at least one year remaining on your lease?
If you answered "yes" to one these questions then you should apply!
what can the cash advance be used for?
This program has no restrictions on how the Cash Advance can be used. Use the cash any way you see fit. Some common uses include expansion of the business, remodeling, purchase of new equipment, opening another location, purchase of inventory, payoff of debt and taxes, or advertisement.
how much can I qualify for?
The amount of future receivables is determined by your average Visa/MasterCard credit card volume for the last 4 months. That is why we need to see your last 4 months of bank and processing statements.
what is the interest rate?
This program is similar to factoring, there is no interest rate, just a set cost.
Will I receive the same low rates as my current credit card processor?
We recoup the money through your credit card processor so we need to switch you over to our preferred credit card processor. We work with an outstanding processing company that will match or may lower your current rates.
Can the daily percentage be changed after funding?
No: The percentage stays the same until the advance is paid in full, unless you decide to receive additional funding - then some insignificant changes in rates may occur.
What if I am already with a cash advance company?
Please contact us to find out how much we can offer you. We offer a 4% lower factor rate than our competitors, and will pay off your existing advance upon funding with us.
Do you require a personal guarantee?
No, our cash advance program does not have any personal guarantee. However, individuals may be liable in cases of fraud or misrepresentation.
What if I already have a business loan?
This program is an advance, not a loan. As long as you meet our requirements, we can provide you with immediate cash for your business.
Who do I call if I have any questions about my account or processing?
You can call us at (631) 608-2811 if you have any questions about the program, or if you have any questions about your processing. You will not have to "stay on hold" and "wait for the next available representative": we will resolve all of your issues hassle free for you!
Frequency Asked Questions - Traditional Loans
How much capital can I borrow?
We offer loans from $5,000 up to $100,000 based on the monthly cash flow of the business.
What are the requirements?
You must have a seperate business bank account, have been open for business for over one (1) year, and process at least $3,000 in credit card transactions per month.

If you do not accept credit cards and have been open for business for at least two (2) years and have an average business bank account balance of at least $3,000 per month.
What information do I need to apply?
Please see the requirements here.
What are the closing documents?
Please see the requirements here.
When will I receive funds?
Loans are funded within five (5) business days of receiving all completed loan documents.
How do I repay a loan?
A fixed daily payment is taken out from your business bank account.
What is the typical term of your loans?
We offer either a six (6) or twelve (12) month program.
What if I need additional money?
Once 75% of the loan has been successfully repaid, the applicaint is eligible to apply for additional capital.
Can a loan be payed early?
Yes: A loan can be prepaid at any time. However, all principal and interest must still be payed on the loan.