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Cash Advance

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What We Can Do

Cash Advance

A cash advance is an increasingly popular form of financing for many small businesses. It provides an advance on future receivables, based on the cash flow of your business. Cash advances are very convenient for business owners that need access to capital quickly and also don’t have the time to deal with the stacks of paperwork a traditional or SBA loan might require. Cash advances are also driven primarily by the cash flow of a business, so the credit requirements are much less stringent than a bank or SBA loan.

Cash advances are particularly useful for business owners that are mindful of their opportunities and are aware when to use advances to help generate more revenue and profit.

Overview

What is a Merchant Cash Advance?

  • Merchant cash advances are a quick source of unsecured business funding for business owners with an easy approval process. Merchants receive funds within a few hours with minimal paperwork and no collateral – regardless of credit score

Required Documents:

  • Drivers License
  • Voided Check
  • Bank Statements

Preferred Supporting Documents for best terms:

  • Most recent tax return
  • Most recent Profit and Loss statement
  • Most recent Balance Sheet
  • Accounts Receivable/Payable Aging Summary

Quick & Easy

Our Process

Free Consultation

One of our loan consultants will engage with you directly on a quick call to discuss the best options for your business and plan a route forward. He or she will walk you through the pros and cons of all the different products and make sure you also understand the nuances.

Quick Approval Process

Due to our quality underwriting and our wide range of relationships, we can process and approve files in as little as 24 hours.

Funding

Our goal is to provide your business with access to the best capital for your situation. Sometimes its about speed, sometimes its about cost. In either scenario, we hope to build a long term relationship with your business to continue funding your growth and operations.

See what Source Merchant Solutions can do for your business