WHAT IS A "CASH ADVANCE?"

A Business Advance Cash Advance is a radically different way to fund your business.

We employ a special process called "factoring," which is when one company usually sells its accounts receivable to another company at a discount. Business-Advance.com turns its attention to your future credit card transactions as a form of payment: we have developed a close relationship with a merchant service to completely streamline the process.

You only pay off your Business Advance when you make credit card transactions, so there is no fixed payment schedule. This approach has the least impact on your business, since repaying is handled electronically and only when you bill a client - we get paid only when you do.

We can give you the Business Advance in just a few days, making an immediate impact on your business so you can grow your company as quickly as possible.

Benefits of a Cash Advance
More Time	Unlike complicated business loan applications, the application for a Business Advance Cash Advance just takes a few moments to give you more time to focus on what's important.
No Hidden Fees	There are no hidden fees, application fees, or closing costs to worry about when you sign up for a Cash Advance from Business Advance.
No Bills	All of our Cash Advances are paid back using credit card sales, meaning you don't have to worry about paying off your bill every month.
Fast Approval Time	With a Cash Advance from Business Advance, you are notified if you qualify within 48 hours, not the weeks or months it takes to be approved by a lending institution.
Faster Cash	It can take months until banks distribute your money. With a Business Advance Cash Advance, your cash will be electronically deposited in your bank account within one week.

How a Cash Advance compares to a Bank Loan:

Unlike conventional bank loans which require a written loan proposal that is tedious and time-consuming, a cash advance with Business Advance, Inc. takes just a few moments. Most businesses are approved regardless of personal credit.

A cash advance is based on the strength of the merchant's future credit card transactions. It is not a loan! Business Advance, Inc. will pay you for your future credit card transactions. We, in return, collect a small fixed percentage of those transactions and the remaining balance will be deposited into your account.

What are the benefits of a cash advance?

With a cash advance from Business Advance, Inc. there are no hidden fees, application fees, or closing costs to worry about. Because a cash advance is paid back using your credit card sales, there are no checks to write, payment books or monthly bills to deal with. You'll get the immediate benefit of the funds you need, and the simplicity and convenience of painless repayment.

How much cash can I get?

Depending on your qualifications and credit card volume, you can apply for operating funds from $2,500 to $250,000.

How do I qualify for a cash advance?

In order to qualify for a cash advance, you must meet the following criteria:

• Certify that you have been in business for 12 months or longer*
• Show that you have been accepting Visa/MasterCard transactions for at least four months
• Demonstrate a minimum Visa/MasterCard volume of $2,000 monthly which is determined from your merchant statements
• Verify you have no prior unresolved bankruptcies.

*If you have been in business for less than 12 months, you must be able to provide evidence of prior industry-related experience.

If you meet these criteria, you can begin the application process immediately, by using our Apply Form.

How quickly will I get the money?

The average time from receipt of a contract to having the cash deposited into your business checking account is 8-10 business days. Once qualified, we will wire the cash directly into your business checking account, typically within 72 hours after approval.

What can I use the money for?

Many of our customers use their cash advance for business-building needs like adding inventory or purchasing equipment, expanding their facility or remodeling projects, adding more seats to their restaurants, additional warehouse space, and advertising campaigns. Others use the cash for emergency needs like unforeseen maintenance projects. The bottom line is, it's your business and you should use it any way you deem necessary.

Will I need to change credit card processors?

If your current processor is not affiliated with Business Advance, Inc. you may need to change processors. We have formed solid relationships with processors who will meet (or beat) all of your current rates and fees.

Are there representatives available to discuss my account?

Yes, we have agents on call to answer your questions Monday - Friday between the hours of (9 a.m. to 6 p.m. EST). Call 1-800-598-5904.