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What is Merchant Advance?

This program is designed to help you get funding based strictly on your cash flow as verifiable per your business banks statements.
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What Do I Need to Qualify?

All that the lenders are looking for is consistent deposits showing your revenue is $50,000 or higher annually. They will also verify that you have been in business 6 months or more, that you don’t have a lot of Non-Sufficient-Funds showing on your bank statements, low chargebacks on your merchant statements, and that you have more than 10 deposits in a month going into your bank account.
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How Do I Apply?

To determine approval the lender will review 4-6 months of your bank and merchant account statements.

Get Business Loans And Credit Lines even when Banks say “NO”

Our Merchant Financing program is perfect for business owners who accept credit cards and one of the easiest, hassle free ways you can obtain business financing. This program is designed to help you get funding based strictly on your cash flow as verifiable per your business banks statements.

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Maximum Loan Amount

$500000

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Loan Term

3-36 month terms

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Interest Rates

5.99 - 36% APR

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SPEED

As little as 1 day

The Breakdown

24-hour pre-approval

Get approved with revenues of $50k or less

Loan amounts to $500,000

Get approved with bad credit

True NO DOC financing program 

No application fees

A short-term solution

Can be expensive

Financing future sales is risky if your sales drop

May not solve problem if there are ongoing cash flow problems

Apply to the Industry’s Best Personal Business Loan with Springboard Today!

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Who Qualifies for Merchant Advance Financing for Business

Our Merchant Financing program is perfect for business owners who accept credit cards and are looking for fast and easy business financing!
Most Customers Who Were Approved Had...
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Credit Profile

Must not show Non-Sufficient-Funds

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Credit Score

500+ FICO Score

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Credit Report

No Collections or Liens.

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Qualify For now!

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How Do Merchant Advance Business Financing Work?

FAST Funding! You can be pre-approved for our Merchant Financing program within 24 hours. You can receive your formal approval and funds within 72 hours from submitting your application. Our Merchant Financing program helps you rapidly grow and scale your business as you will have ongoing access to receive more and more funding easily and very quickly, when you need it! Over 80% of our clients come back for even more financing after their initial approvals with our Revenue and Merchant Financing programs. Typically within 3-6 months of approval you will be given an opportunity to get even more money than you obtained before.

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The 5 C's of Business Credit

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Equips you with the working capital necessary to grow the business.

What Will Merchant Advance Financing Cost You?

Merchant Cash Advances can have higher interest rates in some cases. How much you’ll pay in fees is determined by your ability to repay the merchant cash advance. Instead of making one fixed payment every month from a bank account over a set repayment period, with a merchant cash advance you make daily or weekly payments, plus fees, until the advance is paid in full.

The merchant cash advance provider determines a factor rate — typically ranging from 1.2 to 1.5 — based on its risk assessment. The higher the factor rate, the higher the fees you pay.

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Three Business Credit Myths Debunked

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5 Factors at Affect Your Business Credit

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