1) What is the paper work involved?

It involves only the Visa/Master card merchant account processing statements for previous 3 month and a business loan / cash advance application form.

2) How long does it take to get approved?

As soon as we get your application we start processing it and within 24 hours it is approved.

3) How much can you advance me?

On the basis of your last three months Visa / Master card merchant account statements we advance you or lend you. It also depends on your monthly gross sales.

4) What is the interest rate?  

Unsecured business loans are not interest based loan, however you will be provided with all the payment details and other terms before we provide cash to you.

5) How long does it take to get the money?

Our process is very simple and fast. You will get the cash within 3 to 5 days after the approval of your application directly transferred to your bank account.

6) Can I pay back the advance early?

Yes, it all depends on your convenience and comfort. Whenever you feel comfortable you can pay back the outstanding amount.

7) Is any collateral required?

No, we don’t need any collateral or security. Good business track record and credit history is considered while giving loan.

8) Are there any closing costs?

No, there are no costs for closing the loan. You may close the loan anytime you feel like. There is no fee/charges at all.

9) Will the Cash Advance show up on my credit report?

No, the cash advance will not show up on your credit report as it is not a loan.

10) Do I have to switch my current credit card processor?

Yes, you will be upgraded to the best processors available in the country and affiliated with us. We will surely provide you better cost structure as compare to your existing processing company.

11) Can I renew the loan?

Yes, you can. It is very beneficial for the business owner to do so. It improves your cash flow condition. You can renew the loan after every four months and you receive more cash every time than the previous time. Most merchants prefer to renew the loan.

12) Is there any cost to switch merchant service provider?

No, there is not extra cost to switch to another merchant service provide. All set-up fees are waived.