Add our Merchant Cash Advance program to your arsenal and get an additional source of income.
I am an Account Executive for EVO Merchant Solutions. We specialize in cash advance financing for small business.
MERCHANT CASH ADVANCE PROGRAM
Qualify for cash advances ranging from $2,000 TO $250,000 BASED ON Visa/MasterCard credit volume.
CASH ADVANCES FOR YOUR BUSINESS IN LESS THAN 7 DAYS
We do not require collateral, fixed term for repayment or closing cost.
The funding for Merchant Cash Advance Program is not a loan. We are a factor and not a bank. Therefore there is no interest rate, no collateral and no financials.
We can provide funding within 5-7 business days. WE will sent out a monthly statement to you, summarizing all monies paid in the previous month and providing end-of-month balances. In addition you can check daily balances and the month's activity online! Our product is not a loan. Merchant Cash Advance Program uses a discount rate and not an interest rate.
EMBRACE THE POSSIBILITIES
- Additional working capital
- Opening new locations
- Renovations or remodeling
- Purchasing new equipment
- Purchasing additional inventory
- Funding Payroll
- Cash flow needs for established seasonal business
- Buying out a partner
Never be held back again due to bad credit collateral or length of opeartions!
HOW DOES THIS INCREDIBLE PROGRAM WORK?
In order to determine the amount of funding your business qualifies for, we to review four most recent months' credit card processing statements and calculate the average credit card volume. We then perform a quick underwriting of the application to determine the appropriate amount to fund.
It takes approximately seven months to pay back the advance. The payback period is not fixed because it's based on your actual Visa/MasterCard receipts. Therefore the actual payback may be a little shorter than the projected seven months. We only collect the mutually agreed-upon fixed percentage of your daily Visa/MasterCard receipts until the entire amount is paid back.
In order for us to receive payment through the credit card company you will have to switch to one of our approved credit card processing networks. Your current rate will be match by us. There is no extra equipment to purchase. A simple reprogramming of existing equipment is often all that is needed.
ADVANTAGES OF USING MERCHANT CASH ADVANCE PROGRAM
- Quick approval
- High approval rate
- No collateral required
- No financial statements or tax returns
- No fixed payments
- No cumbersome and costly paperwork for an application/package
- Ongoing source of capital which is renewable as the advance is paid down or totally repaid
- Growth capital for business
- No closing cost
INFORMATION AND DOCUMENTS REQUIRED TO BEGIN
- Three months business statements
- Four months most recent consecutive Visa/MasterCard statements
- Three business references
- Completed and signed Application
- Completed landlord contact information
- Signed permission-to-release form
- Voided business check