2,500+ businesses funded since 2014
Why do banks give small business owners such a hard time when you need funding to grow your business? There’s the paperwork, questions, and endless delays.
Skip the runaround…
We’re experts in small business finance, so we can review your online application in just a few minutes, show you customized and flexible financing options, approve your application, and put cash into your bank account as quickly as one business day.
A merchant cash advance can provide the necessary cash your business needs whether it is undergoing a slow period, needs funds for expansion, or is experiencing unexpected expenses. These and other circumstances generate a need for immediate cash.An alternative lender, like Capback Financial, can provide funds directly to the business owner.The advance is then paid back by deductions from debit or credit card sales. A fixed percentage of each card sale is paid directly to Capback Financial. Business owners are not required to put up collateral since a merchant cash advance is technically not a loan. Although there is no interest charged, there is a fee.
We purchase a set dollar amount of your business’s future sales at a discount. In exchange, we pay your business cash today. Then, through an automated process, we seamlessly collect the agreed upon amount by taking a small percentage from each sale. Our goal is to get working capital in the hands of your business quickly, while structuring the hold back percentage to meet your business’s ongoing operating requirements. Our financing program has become an important alternative to traditional bank loans as a source for short-term business loans, often known as the instant cash advance.
Let’s assume you own a restaurant and you need $20,000 for marketing. To get this $20,000 you would sell us the right to receive a percentage of your future sales set at 8%. So you sell $26,000 worth of future sales to us to receive the $20,000 (PLEASE NOTE – these numbers are used for this example only, rates vary depending on a case-by-case basis, but all your funding amounts are clearly indicated on your pre-approval options). Once you have chosen one of your funding options, you sign off on our cash advance agreement and the deal is done!
Who are some of our clients?
Industries we work with:
And Many More.
What Can Merchant Cash Advances Be Used For?
Once approved, what you do with the money is up to you. It can be used for the expansion of your business, renovations, or even inventory.
Is Merchant Cash Advances a Short-Term Business Loan?
Yes. The loans are short term and are typically from 3 to 12 months in duration.
What Form of Charges Apply?
Your business sells us a fixed portion of its future sales receipts at a discount. We retrieve our portion of each credit card at the point-of-sale, for the life of the funding.
Qualifying is easy and you do not need to worry about your credit. The qualification process is very easy and only takes a few minutes. $5,000 in sales per month is the minimum you need to have in order to qualify for our financing services.