Business Cash Advance FAQ
1. How can my business qualify for a cash advance?
If your business accepts credit cards and you have been in operation for at least one year you qualify for a cash advance. Submit a fast application and we will qualify you for a cash advance, call today 1-866-672-4884
2. How can I speed up my cash advance approval?
Getting yout documents and signed application submitted plays a big roll in your application process. You can email them to or fax them to 888-596-8472
3. How do I get started?
You can fill out a quick application online and one of our business development specialist will contact you to get you started or you can call us directly at 866-672-4884
4. How does the business cash advance program work?
Simply stated, we buy your future credit card transactions today, and we get paid back with a small percentage of your daily visa and master card receipts until your advance is paid in full. Any cash , check or american express is not used to pay back the loan.
5. How much will a business cash advance cost?
A business cash advance cost depends on various factors. The cost depends on the size of cash advance and its time of distribution. All these factors are very clearly mentioned in Cash Advance Approval Sheet.
6. Is there a fee for applying for a small business cash advance?
No, we do not charge any administration fees and our services are free of charge.
7. Will bad credit affect my cash advance request?
You really do not require a good credit rating to get a business cash advance. People with poor credit rating can apply and get a cash now.
8. How fast can I get a small business cash advance?
This depends on you. if you are able to provide the requested infornation promptly, we can get you funded in as a little as 72 hours.
9. How much of a cash advance can I receive?
You can get cash advance from $3,000 to $1,000,000 per incorporated location. All we would need are your 3 most recent credit card processing statement and bank statements and we can tell you exactly how much you qualify for.
10. How will I pay back the business cash advance?
A small percent of yout credit card settlement is automatically deducted from you daily credit card receipts, this percentage will not fluctuate fot any reason.
11. Is the business cash advance considered a loan?
Most people do think that the business cash advance is a loan, but actually it’s not so. It is a purchase of future receivables. It is cash paid against the visa or master card and is paid back through the business daily credit card batches.
12. When I have repaid my first cash advance, how easy is it to apply again?
By the time you have paid your first advance you have established a relationship with lender
13. How complicated is the paperwork I have to fill out in order to receive a cash advance?
Its a very simple 1 page applicatoin. It takes less than 10 minutes to complete.. We can even fill out the application for you over the phone
14. I am already with another financing company providing similar financing. Does that mean I will get approved by Orbit Business Loans?
Each lender os defferent but we can most defenetley get you funded, call taday to find out yout funded options.
15. Can I receive financing from Orbit Business Loans while the financing from another company is still outstanding?
Yes, off course! But we repay the outstanding debt out of our first advance to you. The remaining payment will proceed to you.
16. I have high enough overall sales, but my Visa/Master Card volume is very low. Is there any way I could receive funding?
Yes, you can. You are qualified to get a cash advance if you process transactions worth $1500 per month through VISA/MASTER/AMEX/DISCOVER Card. We design customized plans according to the requirements of the customers. Call us now to find out what you qualify for.
17. Do I have to switch my current credit card processor?
It depends on who you are processing wth , you may have to switch to our affiliated credit card processors to receive funding. By doing so you will also save your money as our affiliated credit card processing companies will definitely provide you better cost structure as compare to your existing processing company. You will surely save money by switching.
18. Do I have to get a new credit card terminal?
Not necessarily. Just re-program your terminal. Within ten minutes it can be done. Our credit card processor will give you all the instructions to re-program it over the phone.
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