Technically, a cash advance is not a loan. It’s a lender purchasing your future credit card sales at a discounted price today. However, as the consumer, it’s best for you to think of it as a loan in terms of how it can help and affect your business.
While many of our competitors will charge you a closing fee for no reason whatsoever, we don’t believe in it and never will. We will simply find you the best deal we possibly can.
It’s the percentage of your daily credit card sales that will be paid from your credit card processor directly to the merchant cash advance lender.
We’re a broker and very proud to be so. Lenders generally give out the same rates whether they have a direct customer or are working with a broker. As a matter of fact, when they think they have a direct customer to themselves, they’re looking to maximize their profitability and negotiate harder.
Our mission is to get you the best deal possible by making the reputable lenders compete against each other for your business. In other words, we work to maximize your profitability.