Merchant Cash Advance with Balboa Capital
Balboa Capital knows that small and medium-sized businesses sometimes need quick access to cash to keep their everyday operations running as efficiently as possible. Whether cash is needed to increase inventory, pay employee salaries or to acquire equipment, Balboa Capital can help you meet your specific business needs with a merchant cash advance.
Most working capital loans today involve excessive paperwork and a lengthy application process. Busy business owners like you don’t have the time to fill out piles of paperwork or wait weeks to find out if you’ve been approved for funding. Here at Balboa Capital, our Merchant Cash Advance Program is easy and hassle-free... from start to finish.
With our simple online application and fast funding capabilities, Balboa Capital can provide up to $150,000 in as little as 5 days. And you'll be glad to know that Balboa Capital's Merchant Cash Advance Program doesn't have any upfront costs or hidden charges.
Here's how the Balboa Capital Merchant Cash Advance Program works:
1. Application
Submit a simple application form online. A Balboa Capital account representative will contact you directly to complete the qualification process. The verification includes simple facts about your business and its operations. 2. Transacting
Upon qualification, you will agree to sell a specified amount of your business’ future card sales. In exchange, you will receive a lump sum of working capital from Balboa Capital that will go into your business’ checking account. There are not restrictions on how the cash is used... you decide how to spend the money on your business.
3. Forwarding
As each day’s card sales are settled, a specific percentage is automatically retrieved by the business’ credit card processor and forwarded to AdvanceMe. This percentage is fixed, so each dollar amount retrieved reflects a fixed percentage of your daily credit and debit card sales volume. With Balboa Capital, it's that easy.
4. Completing
Retrieval stops automatically when the total amount of card sales your business sold has been forwarded, usually in less than 12 months. | |
For more information, contact David Van Patten at (866) 757-5501.
Email: davidmv@balboacapital.com