Decide how much money your business needs. Then calculate how much the business can afford to pay each day. For a 3rd position advance, figure out how much is the maximum you can afford per day and the total your business can pay for cash advances overall.
Apply for the cash advance program that best matches your business cash flow.
If approved, review all closing documentation and requirements. If needed have a specialist review the contracts and return completed contracts and all documentation for funding. Complete merchant funding call with the funder.
Funds are deposited into your business checking account the same day or next day.
F.A.Q.’s, Frequently asked questions on getting a 3rd position
My business needs more capital and we already have 2 merchant cash advances. Can we get another cash advance? We need a third position.
Your business can get a third position merchant cash advance. We will also assist you in making sure your business has the cash flow to handle and pay a 3rd position. If you can handle it, your business will be made an offer.
What is the longest term we can get?
Payments and terms can be between 60 and 180 days. The terms offered will depend on your business cash flow and ability to handle the debt and payment.
Will I be declined because I already have 2 advances?
The funder will not decline your business because you already have more than one advance. Your cash flow will determine how much more funding your business can handle.
I want the maximum. How do I know if the lender is offering the most I qualify for?
Your business will always get the highest offer it qualifies for. Whatever the maximum is your business profile can be approved for, your business will receive that offer for funding. There are not any limitations on the program. Final offers will depend on the cash advance company guidelines
Accounts Receivables Financing is a type of financing through which your business can get paid now on invoices for payment that have already been sent. This works especially well if your business often has to wait 20, 30 or more days to get paid.
The cash flow of millions of businesses suffer because they are paid 2 to 6 weeks after issuing an invoice for payment instead of immediately after an invoice has been sent.
Real Estate Leaseback
Funding based on the real estate you own, commercial or residential. Take the equity out of Real Estate and also get a tax write off in many cases.