- Remittance based on business’s credit and debit card sales
商人预付现金s Are Perfect For These Industries:
At Fora Financial, we’re passionate about helping small business owners like you succeed. That’s why we provide merchant cash advances to small business owners in a variety of industries!
Unlike a term loan, merchant cash advance remittance fluctuates with your business’s sales patterns. 我们知道企业有起有落. Your business may have a few months where sales are booming, 然后经历一段他们减速的时期.
Naturally, you won’t be able to remit the same amount during both periods. When sales decrease, you’ll need to try and cut expenses in order to remain operational.
That’s why with when pursuing financing from a merchant cash advance company, 有一个保留百分比. This is a set percentage that is withheld from your credit card transactions until you satisfy your obligation. 这种方式, a certain percentage of the sales from your bank account will be used for remittance, 而不是固定的付款金额.
Many business owners appreciate this because there is no set payback schedule, so they have the flexibility to remit their cash advance in a similar pattern to the ebbs and flows of their sales. When sales are up, your holdback percentage will result in a higher dollar amount. 另一方面, 如果你的销售正在经历停滞期, your holdback percentage will result in a lower dollar amount.
Merchant cash advances are especially beneficial for business owners in the restaurant, 零售及服务业. This is because these industries typically receive a large volume of credit card transactions. 有些公司不接受信用卡, 或者不经常收到信用卡交易, 通常不会有资格获得商业融资.
If you run a business that primarily accepts credit card transactions, pursuing a merchant cash advance could be the choice that takes your business from good to great!
开始, 我们会要求你完成我们的一页申请表, 提交三个月的信用卡账单, 还有三个月的银行对账单. On occasion, we may ask for you to provide tax returns, a balance sheet, or a P&L.
If you’re trying to receive a cash advance as quick as possible, 我们建议在申请前整理这些文件.
申请前, it is important that you understand how to qualify for a merchant cash advance from Fora Financial. We have these prerequisites in place so that businesses can responsibly and effectively utilize our products.
We require that your business be up-and-running for at least 6 months prior to receiving a merchant cash advance. Being open for 6 months will likely increase the success you have with our merchant cash advance product.
Another funding requirement we have is that your business make $5,信用卡每月的销售额为1万美元. 如果你赚不到5美元,信用卡销售额增加了1万, it may be challenging for you to remit your merchant cash advance. 如果履行你的义务太难了, we don’t want to put the future of your business at risk.
除了, any business we work with can’t have any open bankruptcies or dismissed bankruptcies within the past year. 如果这适用于你, 我们鼓励你关注这些问题, 然后每年申请一次.
If you have any questions about our merchant cash advance requirements, 请与我们的资本专家联系. They’ll be able to provide you with further direction and are always happy to help!