Is A Merchant Cash Advance right for you? Here's How it works.

If you need operating capital but don't qualify for a traditional business loan because of poor or little credit or no collateral, a Merchant Cash Advance is a viable alternative for your business. You will receive a lump sum of cash in exchange for a share of your future credit card sales until the advance is paid back. Restaurants, retail, and service companies with strong credit card sales are the most frequent users of this type of loan alternative. However, almost any business with sufficient credit card sales for the last 3 months usually qualifies for a Merchant Cash Advance.

How does it work?

If you find that your business is in financial hardship or simply needs a little extra capital to keep things on track, a Merchant Cash Advance may be the perfect solution. Once you receive the Merchant Cash Advance funds, via bank wire or direct deposit to your business account, the repayment structure couldn't be more user-friendly. With no regular fixed payments and affordable factor rates, a percentage of your daily credit card receivables will be used to satisfy your financial obligation. This simple and easy structure allows for merchants to pay more when revenue is strong and a little less during slower times. The flexibility of Merchant Cash Advances allow small business owners the freedom to operate normally in harsh financial conditions.

What are the benefits of a Merchant Cash Advance?

Unlike Business Loans:

• Bad credit is no problem
  
• No fixed monthly payments
• No collateral required
• No personal guarantee required
• You pay only when you sell
• Faster process, less requirements
• No strings attached, you can use the funds in any way you like

How can I use the Merchant Cash Advance funds?

You can use the funds in any way you like, most uses include:

• Buying inventory
• Remodeling a business
• Buying equipment
• Paying debt
• Working capital

To find out more about our Merchant Cash Advance program, simply apply now using our online application or call us at (239) 689-4786.

The Funding Process... 

 Stone Funding Group is sensitive to the value of your time. We know that as a business owner, time is money! We have designed our Merchant Cash Advance program so that our funding specialists do all the work, leaving you to focus on your business. Here’s how simple it is:

   1. You qualify regardless of your credit score

As long as you: 

• Take Credit Cards as a form of payment
• Process at least $2,500 per month in credit card sales
• Have been in business at least 6 months
• Have no OPEN bankruptcies (discharged bankruptcies are no problem)

Simply click here to fill out a Merchant Cash Advance application.

   2. Application Process - Absolutely NO cost or obligation

 Should you decide to proceed,

• Fax us a completed and signed application along with 4-6 months of credit card statements to (866) 518-2672.
• Within 24 hours, your funding specialist will contact you via your preferred method to discuss what you may qualify for.
• Let us know whether you’d like to keep your current Credit Card Processor or let us save you money with one of our preferred processors.
• Once you decide which Merchant Cash Advance program is best for you and your business, we will deliver a contract to you.

That’s it! Just sign and return our contract and rest assured that your funds will be deposited directly into your business bank account.

   3. Repayment Process

• ZERO restrictions on how you may use the Merchant Cash Advance funds. Use it however you see fit.
• Your Credit Card Processor will automatically send us the agreed upon percentage from your credit card batches.
• You never have to worry about writing a check, meeting a due date, or paying a late fee. We get paid when you get paid. It’s as simple as that!
• Call us as soon as you’d like more cash! Renew your Merchant Cash Advance in as little as one month after receiving initial funds.

Frequently Asked Questions