Cash Advance on Future Credit Card Sales?
ChgoLake asked:
Has anyone of heard of companies that advance you money based on your furture credit card sales from a merchant account that is used at your place of business. Thanks!
3 Responses to “Cash Advance on Future Credit Card Sales?”
Try Check Into Cash.
Good luck.
Yes, there are options available for taking a cash advance agaisnt future credit card sales. The amm=ount you can receive depends greatly on the amount of time you have been accepting credit cards and the credit card sales volume you produce every month.
For more information or a free quote contact:
Hope this helps.
I actually used a company called AmeriMerchant. They apparently are one of the largest and most reputable companies in the country that advance money to businesses against their future credit card sales. You can find them online at.
I found getting money against my future credit card sales was much easier and faster than going to a bank for a business loan. In fact, I am not even so sure the bank would have approved me for a small business loan because my business doesn't have any hard assets.