Business Advanced Funding Solution
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How Is Funding Provided?
Funding is provided as an advance cash service to your business. This is an alternative funding and working capital to solution for small-and medium-size businesses. This service is provided by your Cash Acceleration Experts through a program called AdvanceMe. |
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What is AdvanceMe?
AdvanceMe provide the necessary working capital to help the businesses manage their cycles and existing cash flow and to provide them with carefully timed funding to assure the business's continued growth. |
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How Does It Work?
Businesses in need of money are given the opportunity based on how much credit card processing they do on a monthly basis. We look at 4 months worth of statements and determine what the cash advance amount is. The money is advanced to the business within five to ten business days if the account is approved. The money is paid back to this service through a percentage taken out of the monthly credit card processing that the merchant does. This service provides the necessary capital that businesses need to grow in a solution that is paid back through a percentage of credit card transactions. Cash Acceleration Experts are an authorized dealer of this service. |
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As a result, there are:
- No fixed Payments
- No fixed time frame for repaymentFunding is paid when merchant receives a sale
- Over 12,000 locations served, and $500 million businesses funded
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