How does a Merchant Cash Advance work?

Your business agrees to sell a fixed dollar amount of its future credit and debit card sales at a discount. Once approved, your business will receive a lump sum of working capital as the purchase price. This money can be used for any business purpose.

There are no checks to write and no possible late fees. Your business operates as it always does. Through an automated process, when you "batch" your credit and debit card sales, the processor automatically forwards AMI the agreed-upon percentage of receipts.

The percentage retrieved from the business' daily credit and debit card sales remains fixed. This means that, on a busy day where credit/debit card sales are up, the retrieved amount is a little higher, but on days when credit/debit card sales are slow, the retrieved amount will go down accordingly. The percentage retrieved is fixed, not the amount retrieved. We get paid when you get paid.

It is easy to qualify for a Merchant Cash Advance from AdvanceMe:

• Tell us how long you have been in business (we generally require at least one year with the same ownership at the same location).
• Demonstrate a minimum monthly credit card volume of $5,000.00.
• Meet a few other qualifying criteria.

See why AdvanceMe is the right funding choice for your business.