Merchant Account Advances

How Can Merchant Cash Advances Benefit Merchants Like You?

Applying for a merchant account advance, known in the financing industry as a merchant cash advance, is one way business owners can use their unknown assets to access to cash quickly. Most business owners use a merchant account advance in order to pay debts, purchase new equipment, or acquire new assets. Whether it’s for expansion purposes or simply for short-term cash flow, Capitol Credit Group has the resources and relationships to turn your unused assets into cash.

Flexibility

Business owners usually use their credit card processing or monthly cash flow as the source for their advance. It’s really not a loan but an advance on the business’ future sales, in this case it would be your credit card processing purchases. The process is seamless and there are no upcharges to your current credit card processing rates. Also there is no deadline for the payback of the advance. It is so flexible that you don’t need to worry if your sales for the next month are high enough because your payment is based on your daily volume, meaning if your sales for 2 months are low, then your charge is also low as they are directly proportional to each other.

Ideal for starting companies

A clear advantage of merchant account advances compared to traditional business loans with banks is the fact that they don’t have a fixed date to be repaid and the payment amounts are not fixed as it depends on the borrower’s sales. For small business owners who are worried if they can’t pay on time or with the right amount, this kind of service is very crucial to the success of their business.

As a business owner, you need to understand the sources and time frame available to quickly get access to much needed cash flow. Don’t be afraid to borrow money for the success of your business as you have the power to control and manage payments on your own ways.

For further questions and clarifications, don’t hesitate to contact us as we are more than willing to answer questions and help you find the services suited for your business.