Not Sure if a Business Cash Advance is Right for You?
A Business Cash Advance is a financial service product that provides immediate cash to small and medium sized businesses in exchange for a small portion of their future sales revenue. In short, a business owner is selling his/her future sales / revenue for immediate cash that can be used without restrictions. For access to the money, the business owner agrees to pay back a fixed amount above the amount that is advanced to them.
To qualify for Business Cash Advance you must:
- Generate a minimum of $10,000 a month in gross sales
- Be in business for at least one year and have a physical location (brick & mortar)
- Have no open Bankruptcies, Judgments, or Tax Liens
- A minimum of 5 Deposits per month in your business bank account