New Merchant Cash Advance Service Designed for Small Business Owners who need more working capital
Merchant Money has released a new site www.ezmerchantcash.com specifically designed to serve the small business owners merchant cash advance needs have not been met by local banks. Merchant Money has been funding millions over the years.
Merchant Money has released a new site www.ezmerchantcash.com specifically designed to serve the small business owners merchant cash advance needs that have not been met by local banks. Merchant Money has been funding millions of dollars to merchants nationwide since 2004. We originally provided the merchant account and terminal to small business. We started our alternative lending business when we discovered small business owner need for working capital.
Here is an explanation of the process of getting a merchant cash advance. We lend money to a †merchant based on their future sales. The small business owner will qualify based on their last 6 months credit card processing volume. We will lend up to 85% of their monthly average processing volume from the previous 6 months.. The† business cash advance would be paid off by deducting a certain % of the future Visa and MasterCard transactions. The % deductee varies based on the merchantís personal and business credit rating and the dollar amount borrowed.
A merchant cash advance is an alternative to a small business loan for those who donít meet the stringent requirements from local banks.
The most common questions by merchants regarding the details of a business cash advance are:
Question: Do I have to change my current merchant account?
Answer: Yes, that is how we collect the funds.You will not pay any more for your processing.
Question: How long does it take to pay back the advance?
Answer: The average payback time is 6 to 7 months. It varies by the monthly credit card sales.
- Contact Information
- Jeff Jackson
- Merchant Money Inc
- Contact via E-mail
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