This type of financing will allow a business to borrow against future earnings. Requirements for this type of financing are extremely lenient due to the nature and terms of the loan.

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A cash advance allows a business to borrow against future earnings. Repayment is unique in that a withdrawal is made daily from the bank or merchant account in a small amounts. The repayment terms are usually 6 months to a year.

This type of financing is innovative, unique, and easy to qualify for, but must be used in the right situations. Generally, credit is not pulled and financial documents are not required for approval.

Typical Interest Rate:

18%-22%

Typical Time to Funding:

1 Month