The CASH ADVANCE PROGRAM a type of funding, called receivables factoring, allows a merchant to sell their future receivables at a discount so that they can use funding for working capital, equipment purchases, advertising, renovations, expansion and more.

-Qualify for $5,000 to $800,000

-Receive funding in as little as 7 – 10 days

-Use future credit card transactions/receivables

-Raise their business credit score

-Enjoy no upfront fees, no closing costs, no equity loss

-Cash When It's Needed Most!

All retail and restaurant owners find themselves needing capital to grow and manage their businesses. At times, these businesses are unlikely to obtain a commercial loan from financial resources because of unacceptable debt to income ratios or low personal or business credit scores.

This is when Fundingedge steps in.  Utilizing the "real-time assets", the customers of the merchant to provide funding. A healthy business can rely on the fact that their customers will continue to spend money at their establishments. Our affiliate lender provides an advance on those sales.

A Cash advance provides small business owners with the ability to raise needed capital. Advancing Cash by purchasing a pre-determined amount of the business's sales volume sold through your credit cards merchant account.

Pre-approval is usually obtained within 24-48 hours. Funding can take 7 - 10 days and up to 2 weeks depending on the amount of the transaction and the time it takes to get the necessary documents required to fund.

The average Cash card volume will qualify you for $5,000 to $800,000.

The amount of receipts purchased is determined by average credit card volume over a 3 - 12 month period.  We encourage you to provide documentation, (bank statements) that support total sales volume in order to be approved for the highest amount possible.

A small percentage will be collected of each credit card transaction through our processing bank. There is a minimum payback term of 30-days but you can make monthly payments of up to 12 months if you need a longer term.

Yes, typically current processing rates will be matched.

Restaurant, Retail, Service or Franchise Business At least 6 months to 1 year in business Accepts credit cards as a form of payment Provide processing statements for the previous 6-12 months of at least $5,000 per month in credit card sales Provide 6-12 months bank statements with consistent balances for higher approval amounts Acceptable personal and business credit (may have as low as 500 personal credit) Has no open tax liens, judgments or bankruptcies (or payment arrangements)Is in good standing with landlord with at least one year remaining on their lease

The fee can range from 1.22 to 1.45 and is based upon: credit worthiness, length of time in business, length of lease, monthly credit card volume, average monthly sales volume and past business history.

-The program is simple!

-Funding can occur in as little as 7-10 days

-Easy payback terms and conditions

-Can include all fees in cost of goods

-Available funding for opportunistic buys

-Tax deductible Improves cash flow

-Builds business credit

-Increases open to buy for retailers

-No need to markdown inventory to raise cash for new inventory

-May receive additional funding for other purposes upon request