Merchant Advance, it is an upfront lump sum of cash advance base on your future sales collected through electronic payments.
Cash Advance is much easier and faster than obtaining a typical bank loan. We understand the reality and the hardship of owning and operating a small or medium sized business. Many of our Executive Funding Specialists have owned and operated their own businesses and can relate to the need for quick cash relief.
There is not an interest rate in our product. Its an advance, not a loan. We charge a one time flat fee.
After getting my cash advance, I was able to purchase more inventory to keep my business running. Whitestone fund truly helped me in a time of need. I will not hesitate to contact them again.
No repayment schedule, no stated interest rate, no monthly minimum payments or balloon payments… Repayment is based on the business volume… The amount a business qualifies for is based first on its historical average monthly credit card and electronic payment volume… No asset collateral, no real estate, no co-signing… Advance is flexible, quicker to close and requires less paper work than traditional loans or leases