Introducing Modern Processing Solutions Merchant Cash Advance Program!
A Merchant Cash Advance is a solution that allows a merchant to sell his or her future credit card receivables for cash up front. You may use this as working capital for almost anything you would like; expansion, payroll, re-modeling, taxes, inventory, advertising, or even to pay off an existing loan. Your merchant cash advance is repaid by deducting a small percentage of your credit card sales from your daily batches. Modern Processing Solutions has already helped many businesses just like yours across the country. We understand that in the current economic climate many retail and hospitality businesses find it difficult to acquire working capital through traditional loans because they lack collateral. That is why we provide valuable working capital to businesses like yours with a product that is tailored to individual business needs. Our goal is to put money in your hands without the hassles of a traditional small business loan.
Merchant Cash Advance: An Innovative Solution
A merchant cash advance offers several advantages over a loan. Unlike, when applying for a loan with a bank, you will not be required to put up any collateral or have perfect credit. How you ask? Well, the lender will advance working capital against your future credit card receivables.
Merchant Cash Advance: Easy to Obtain
Qualifying for a business cash advance is very simple whether you are an existing business owner or a new business.
• An unsecured debt with NO collateral • No personal guarantee • No credit reporting • No Application Fee (Quick Application) • Minimum financial support documentation (last 4 months of processing statements and 1 most recent bank statement).
Merchant Cash Advance: Fast Solution
Our business merchant cash advance application process is designed to be convenient, quick, and private. Within 3 business days, you can be approved and funded.
• No switching processors • No monthly loan payments • No fixed terms • Predict cash flow with greater clarity • Increase working capital • Split funding (funding % is withdrawn prior to your transaction deposits) • No deposit delay
Allow Modern Processing Solutions to help you fund any of your working capital you the best rates in the industry and allow us to continue to be your “One Stop” merchant service provider. For more information please call (866) 359 – 0770.