Merchant Cash Advance
Leverage future credit card processing transactions for immediate, up-front cash with a merchant cash advance solution from MSG Payment Systems. This is a perfect alternative for businesses to access working capital without the hassle of a traditional small business bank loan.
Here’s how a merchant cash advance works:
MSG Payment Systems will facilitate a “purchase” of a small, fixed percentage of your future credit card revenues and advance that money up front. Once the capital is available, collection of the small, agreed upon percentage of daily credit card sales will begin until the agreement is completely met. There is no check writing and no risk of late fees as the processing bank will automatically transfer funds electronically the way it does with current credit card batches.
Quick access to working capital like this is designed for expenses such as:
- Business expansion
- Seasonal management
- Emergency needs
- Inventory purchases
- Equipment upgrades
- Advertising or marketing
There are no limitations as to how you use your merchant cash advance. And, unlike small business loans from traditional lenders, a merchant cash advance from MSG Payment Systems means:
- No hidden fees
- No personal collateral required
- No lengthy loan process
- No start up costs
- No late fees
With a merchant cash advance from MSG Payment Systems, you pay-as-you-go and get convenient, hassle-free access to working capital based upon an asset you may not have thought about… future sales!