HOW THE ADVANCE FUNDS NETWORK FUNDING PROGRAMS WORK:
There are two basic options:
1. Which is our more popular program is when we advance you capital against your future credit card receipts. There are several programs available for clients to choose from. A mutually agreed-upon percentage is taken of your daily Credit Card receipts until full repayment is achieved.
2. A fixed payment plan Daily, Weekly or monthly is made until everything is paid back.
How much will I get?
Amount of Capital Funding varies from $2,000-$3,000,000 and is primarily based on the average of your last 6 months of Business Revenue.
How do I pay it back?
It takes approximately 6-18 months to pay back the funds. The payback period may not be fixed because it is based on your sales receipts. The percentage or fixed amounts are only withheld until the entire agreed upon amount is paid back. It is a very cash flow friendly, especially in today's uncertain times when being liquid is a matter of survival.
In order for us to receive payment though the credit card company, you may choose to switch to one of our approved credit card processors. Our rates will beat or match the rates of your current credit card processor. In addition, 95% of the time you are able to use your existing equipment.
How do I keep track of everything?
You will receive monthly statements recapping all monies paid in the previous month together with an end of month balance. You can also go online to check your daily balances and monthly activity.
Merchant Benefits
- No personal guarantees
- No collateral
- No fixed payments (unless requested)
- No coupons or checks to write
- No impact on your ability to qualify for other financing
- No business use restrictions on the funding
- No hassles - quick application & fast funding
We get paid when you get paid!
Apply now for no cost, no obligation quotes. Online application is easy and only takes a few minutes. You'll receive your quote within 24 hours. Please call to speak to a Financial Advisor at 888-310-3110.
Please visit the Funding Criteria Page for more details on all our available programs for businesses looking for financing options.
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