For starters, a merchant cash advance is much different than a business loan. With a merchant cash advance, a purchase is made from your future receivables. The advance is paid back from a percentage of your business’ future sales. Choice Funding has vast relationships in the lending community, which makes it easier for you to get the appropriate level of funding for your business. Let us do the hard work while you run your business.
Our merchant cash advance programs are designed to work through your credit card sales in the business. Payments adjust based on your daily credit card volume. A $5,000 minimum in credit card sales a month is all that is needed to qualify! You can borrow as little as $5,000 and up to $500,000.