Merchant Credit Advance

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Can I apply again when I have repaid my first revenue advancement?
Yes, most renewals are funded in less than 24 hours! If you have experienced no change in financial status you will be approved automatically. As soon as the advance balance is down to approximately 20% of the original balance, you can apply again. More than half of our customers opt to do just that. You can renew by phone, fax, or e-mail.There are many payoff options available in the cash advance program depending upon the amount of money you receiveWe purchase your future receivables. Advance Co Financial's transactions are based on a previously agreed percentage of your future sales. A formula is calculated based on your cash flow projections.

How do I apply for equipment finance?
To apply for equipment finance, you can fill up our enquiry form an one of our equipment financing experts will contact you.You can usually qualify up to 120% of your average monthly credit card sale. To get a more precise number, please use our business cash advance calculator.Business cash advance is the program used by some financial institutions/lenders to provide funding for the merchants on the bases of their future credit card sales.

Why is a non-profit foundation making small business loans?
Healthy, sustainable communities need businesses that provide quality, living wage jobs with benefits. Access to capital drives small business development and economic growth, and the Initiative Foundation provides gap financing which supplements owner equity to help businesses start up and grow.Healthy, sustainable communities need businesses that provide quality, living wage jobs with benefits. Access to capital drives small business development and economic growth, and the Initiative Foundation provides gap financing which supplements owner equity to help businesses start up and grow.Micro loans are very small loans granted to small business owners. They are loans facilitated by nonprofit intermediaries.

What is Asset Based Lending?
Asset based lending is a secured business loan in which the borrower pledges as collateral any assets used in the conduct of his/her business. In industrial terms, its also referred to as commercial finance or asset-based finance.Once your business is approved following the submission of your initial application submission your funds arrive in approximately 5-10 working days.No, there are no administration fees nor any application fees.

What can small business loans be used for?
Small business loans can be used for inventory or working capital; purchasing furniture, fixtures, machinery or equipment; construction, renovation or leasehold improvements; and the purchasing of the property for business.middot; Invoice Factoring: You can sell your pending account receivable invoices at discount to get fast cash for your business.The Ottawa County Planning Department maintains a Planning Resource Library that contains information about federal grant programs and other grant funding opportunities. Grants (free monies) are nearly non-existent for for-profit businesses. Grants are available only for non-profit corporations, charitable organizations and local units of government.

Why is a non-profit foundation making small business loans?
Healthy, sustainable communities need businesses that provide quality, living wage jobs with benefits. Access to capital drives small business development and economic growth, and the Initiative Foundation provides gap financing which supplements owner equity to help businesses start up and grow.There are many payoff options available in the cash advance program depending upon the amount of money you receiveHealthy, sustainable communities need businesses that provide quality, living wage jobs with benefits.
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