Working Capital
Now with Merchant Cash Advance from US Capital you can turn your future credit card receivables into cash today. What’s more, you don’t have to provide a personal guarantee or collateral. You could receive up to $150,000 per location in less than 5 business days—sometimes in as few as 72 hours.
US Capital’s Merchant Cash Advance program eliminates many hassles and delays common with bank loans. A Merchant Cash Advance builds on the strength of your business’ bank statements, so a damaged personal credit history is not an immediate disqualifier.
How does the program work?
From start to finish, the entire process of a Merchant Cash Advance is just 4 easy steps:
- Applying
You submit a quick application form. A service representative contacts you directly to complete the qualification process. Verification includes a number of simple facts about your business and its operations. - Transacting
Upon qualification, US Capital will need to see the last 3 months business bank statements to see the actual amounts coming in and out every month. Ending balance is not important to US Capital. Strength is built on business sales. - Forwarding
There are 2 payment options available. Daily and Monthly payments. Daily payments are scheduled Monday – Friday, excluding holidays. Monthly payments are available for the well qualified customer. - Completing
Payments stop once the term you choose comes to completion. Terms can be from 3 to 24 months