Merchant Access Group offers hard money lending solutions, cash advances and various business capital financing to all size businesses.
MERCHANT CASH ADVANCE PROCESS
Per your operating procedure, continue to accept credit card payments, which are reported to the credit card processing companies as “batches of transactions”
Credit card processing companies report to Merchant Access Group the amount of money in batches your company has processed
The Automated Clearing House (ACH) network deducts a small percentage of the receipts from your bank account
This daily process continues for several months until the business cash advance is fully collected. The key advantage for you is that repayments are completely linked to your credit card receivables, and we don’t get paid until you do. This is especially beneficial managing cash flow in slower periods.
NO monthly fixed payments or amortization schedules
NO fixed t periods for repayments
NO pre-payment penalties
NO hidden costs or fees (absolutely none!)