Thomson
Capital GroupMerchant Account Cash Advance
215.489.1829 or 215.489.9232
The Merchant Account Cash Advance Advantages
The
merchant account cash advance program has a 90% approval rate
and is ideal for small business owners with
credit problems and
start-ups.
You can have access to your funds typically within in 7 business days or less and the funding amount can be up to $175,000 per location based on the monthly Visa and MasterCard sales you process each month. Depending on your business type, typically you can receive an advance up to 20% to 30% more than your business' monthly processing average.
No fixed payment schedule‚ unlike a bank loan, the balance gets paid only when you get paid. You are free to use the funds however you choose without restrictions.
Advantages over a Traditional Business Loan
|
Merchant Account Cash Advance |
Business Loan/Restaurant Loan |
|
90% approval rate on working capital cash advance requests |
Reject most small business loan or restaurant loan credit requests |
|
Approval 24 - 72 hours once all paperwork is submitted |
Approval on average 1-4 weeks once all paperwork is submitted |
|
Funds typically available in 7 business days |
Funding typically available in 4-8 weeks |
|
No fixed monthly payment. A % is taken of your future credit card sales until the balance is paid back. If you have a slow month, your payback can slow down |
Typically have a fixed monthly payment. Failure to make this payment can result in a default of a bank loan. Payments DO NOT slow down if you have a slow month |
Questions? . . . Want to discuss your transaction .
. .
Call us today 215.489.1829
