A merchant cash advance is typically used for business purposes such as purchasing inventory, upgrading equipment, renovations, advertising or just meeting a cash flow issue. With US Merchant Systems, you can help your business grow without worrying about the future.
Merchant Cash Advance Payments
The amount of the business cash advance proceeds are usually based on the volume of credit card processing the business produces on a monthly basis, and can average from 100% to 150% of a month's volume. For example, a business with $50,000 per month in credit card processing that needs a cash advance, would qualify for $50,000 or more with the full advance to be repaid over 6 to 12 months. Repayments are deducted from credit card sales at a rate of about 10%-20% per month until paid in full. A Merchant cash advance is not a loan, but more like a form of receivable factoring.
Contact USMS Today!
US Merchant Systems is a processing partner for many of the major merchant cash advance companies. As a result of our affiliations, USMS has negotiated very favorable business cash advance rates for our clients, rates which are not usually available through other companies.
IF you are interested in the merchant services we offer here at US Merchant Systems, you can contact us here or give us a call at 1-800-655-8767 to get setup today!