|
Merchant Service LLC understands the difficulties many businesses face in securing loans from banks and other lending institutions. Our Cash Advance Program is an innovative finance offering that allows Agents and ISOs to provide their merchants with extra cash to expand operations. A Cash Advance is not a loan; it's a source of working capital provided to businesses against an agreed percentage of future credit card sales. In contrast to traditional bank loans, our Cash Advance Program offers ISOs and Agents a quick, easy, hassle-free way to get their merchants the money they need today. Contact us to find out more about our Cash Advance Program.
| Benefits to Merchants |
|
 |
- Approval in 24-48 hours
- Use the money as desired to expand business
- No fixed payments or payment timeframes
- No payment schedules
- Money for businesses that have been turned down by banks
- Payments automatically deducted from daily credit card totals
- No bank or lender hassles
- Fewer qualification requirements than traditional loans
- Printed monthly statements and access to online daily statements
|
|
|
|
| How it Works |
|
| A Cash Advance works differently than a traditional bank loan. After qualifying for an advance, the merchant sells a portion of its future credit card sales to the ISO/Agent at a discounted rate. A fixed percentage is then collected from each sale as it is settled. And, it's completely automated, so the merchant never has to worry about making, or missing, payments. It's a straightforward, hassle-free way to get capital. |
|
|
|
| Products |
| Merchant Services LLC offers four funding products. The amount of funding desired and the overall stage and strength of the business will determine which product is right for your business. |
|
Bronze Funding
- Newer businesses
- Funding from $5,000 to $100,000
Silver Funding
- Standard businesses
- Funding from $5,000 to $150,000
- Must have been in business for at least 12 months
|
Gold Funding
- Enhanced businesses
- Funding from $10,000 to $150,000
- Must have been in business for at least 12 months
Platinum Funding
- Premier/mature businesses
- Funding from $10,000 to $150,000
- Must have been in business for at least 12 months
|
Merchant Services LLC can fund projects for multiple locations and larger, established businesses in amounts up to (or exceeding) $1 million. If you believe your business might qualify, please contact us. |
|
|
|
|
