Merchant Cash Advance Advantages

Merchant Cash Advance Companies

For any business, cash is vital; this is especially true for the small and mid-sized businesses. Why? Cash is necessary to pay suppliers, to maintain inventory and to grow a business.

There are many reasons why credit market availability can change; an economic recession or a business being categorized as “high risk” serve as two examples. When this takes place, many businesses turn to a new solution – a merchant cash advance.

What is a merchant cash advance? A merchant cash advance is an alternative source of business funding for entrepreneurs. These entrepreneurs may lack the credit rating or collateral that is required to obtain a commercial bank loan.

It should be noted, however, that a merchant cash advance is not a loan. It is a purchase of a portion of a business’ future credit card sales at a discount. While the merchant cash provider buys the right to retrieve a portion of the business’ credit card sales each month, the business is able to receive a lump sum that is paid to them at the outset of the agreement.

There are multiple reasons why a merchant cash advance is a great alternative:

• Applicants with Bad Credit are Accepted. A history of bad credit can prevent you from obtaining funding from a traditional lending source. However, one of the advantages of a merchant cash advance is that those with bad credit are still accepted, even if their credit scores are below 500.

• The Approval Rate is High. Small business loans involve strict credit requirements, complicated contracts and extensive documentation. Since merchant cash advances are not based on personal credit, time in business or financials, the approval rate is high.

• No Credit or Collateral is at Stake. Another advantage is that a merchant advance is not a loan; it is a sales transaction. Because of this, they are not reported on credit reports and do not require collateral like a business loan.

• Easy Application Process.  A commercial loan can take weeks or even months to finally be processed. A merchant cash advance, on the other hand, can be available within the same week that the application is processed.

• Simple and Hassle-Free Payback. The application process for a merchant cash advance is not only simple and hassle-free, but so is the collections process. A merchant cash advance payback is revenue-based. Meaning, when you have a busy month you will payback more, and when you have a slower month the payback amount will be less. This percentage-based collection policy allows a business to grow instead of draining its funds.

When applying for a merchant cash advance with NorthWest Finance, you will enjoy all of these advantages: a high approval rate, fast funding and easy renewals, simple “no-hassle” payback, revenue based collections and no credit or collateral on the line. In addition, if your business has been labeled as “high risk” or you struggle from a history of bad credit, NorthWest Finance still has a merchant cash advance for you. Take advantage of the quick and easy application process.

Merchant Cash Advance Companies | Merchant Cash Advances

Obtaining Financing for your Gas Station or Convenience store is a whole lot easier with a Cash Advance from NorthWest Finance 

Convenience Store Financing

Operating a gas station or convenience store requires fluid cash flow. With the ever frequent changes in fuel prices, profit margins can fluctuate daily. Most banks and other conventional lending sources often turn down loan requests for gas station financing.
Lenders don't want the potential environmental issues associated with gas stations. This can be problematic for gas station owners looking to expand or maintain their business.

NorthWest Finance Merchant Cash Advances for Gas Stations and Convenience Stores was developed to assist Gas Station Owners and Gas Station Purchasers in the ability to Finance or Refinance their Gas Station Property. In today’s economic climate, combined with the complexity of a Gas Station Loan Transaction, it is very difficult for Gas Stations to achieve Financing. Many Factors play a part in this problem including Environmental Issues.

Convenience Store Financing

The Low Margins often associated with Gasoline Sales, and the recent failure of many Gas Station type Loans. NorthWest understands the complexity of these deals and can assist in the approval of these Business Loans.


Bad Credit OK Gas Station Convenience Store Loan


If you own a gas station and have bad personal credit, obtaining financing for your business can be even more challenging. Banks consider bad credit business loans extremely risky and combined with the environmental risk of gas stations, these traditional loans are almost impossible to obtain.




NorthWest can assist in the approval of these types of loans because we look more to the cash flow of the Gas Station business than the personal credit of the Owner/Buyer.

If you own a Gas/Convenience Store contact, NorthWest Finance today e have the financing options you need to grow your business. Merchant Cash Advances for Gas and Convenience Stores.

Mike M

Merchant Cash Advance U.S
612-615-8196

www.merchantcashadvanceus.com

 Invoice Financing | Merchant Cash Advances |  | Business Equipment Financing

Restaurant Merchant Cash Advances

A Merchant Cash Advance can help your Restaurant in many ways. 

If it’s capital you need quickly for repairs, upgrades, employees, whatever the need, business cash advances can be deposited quickly into your account and help you grow.

Typically, if you don’t qualify for a bank loan, and you are a restaurant business or something similar, this is the best way to get funds quick.

Our cash advances are paid back in small daily payments after you batch out your terminals or POS systems.

The best part is there are no lengthy proposals that need to be written, no stacks of financials that need to be provided. And a business cash advance can be used for any purpose you see fit!!

Do you have old equipment that needs to be replaced?

With a merchant cash advance, you can get thousands of dollars up front so you can fix equipment that you need to stay competitive. These things usually get overlooked due to the high-traffic nature of the industry, but it’s important to not cut corners. Even worse, what if a toilet is busted, or a drain gets clogged? Stay in the game and on top of your business with a merchant cash advance so your business doesn’t get constipated.

Do you want to expand and hire new entertainment to draw in more customers?

Bringing in entertainment to a restaurant has the potential to bring in a whole new network of guests to your restaurant (if you do it right). It could be an accordion player during Polish Fest at your ethnic bistro, or it could be a DJ for your swanky Sunday disco party. Whatever you end up deciding, doing it “right” involves doing your research and investing in high quality entertainment and marketing. Unfortunately, one can’t just rely on a band or entertainers network of friends to consistently bring in crowds week after week unless they have a massive following, and even then, that only lasts so long. So, what does that mean for you? Aside from the 3-600 per day/night you should expect to give your performers, be prepared to spend another few hundred on flyers and Facebook marketing.

Is it time for a facelift or rebranding of your bar-restaurant?

Are you in a metropolitan area that has hundreds of other bar restaurants within a ten mile radius? Then you know image is key. You can see this all the time with restaurants, bars and clubs if you just look. Plus, you don’t need millions of dollars – plenty of smaller spots in more suburban/rural areas do this all the time for far less. If you’ve been three, four years in the game without a makeover, don’t waste any more time procrastinating the inevitable task of updating your look. Trends change, don’t be caught on the tail end of that.

Is it the off season and you need a little capital to make payroll?

When you don’t pay your bartenders, waiters, promoters, etc., you hurt yourself and everyone else working there. You do not want to be the owner with the reputation for paying his staff last. The hospitality industry isn’t big enough for people to get away with being late on payroll, and this will come back to haunt you eventually. Even if you have the “best”, most trustworthy, friendly staff, being late on payments is a reputation that spreads extremely quickly, and it doesn’t leave easily. Employees will be nice to your face, but fear the worst and assume they are getting shorted.

Contact NorthWest Finance and apply for a Merchant Cash Advance today!!

Merchant Cash Advance Companies | Merchant Cash Advances | Bad Credit Business Financing

Liquor Store Merchant Cash Advance Companies

Liquor Stores can benefit from a Merchant Cash Advance

Enjoying cocktails or cold beers with friends and family is popular here in the U.S, Many LOCAL liquor stores are privately owned and operated by small business owners. In some communities, larger wholesale liquor and wine retailers have moved in, making the market highly competitive. Merchant Cash Advance Companies like Northwest Finance have been serving the financing needs of liquor stores for many many years.

Liquor stores offer there own set of challenges

Typically, liquor stores have a large number of cash and credit card sales, meaning this can be an ideal way to obtain working capital by taking merchant cash advances. Liquor stores require a steady cash flow because inventory must be turned around quickly to earn a profit, and fresh products must be brought in on a regular basis to maintain quality. Small business loans can be a good way to manage these expenses.

There are many licensing and health code requirements to operate a successful liquor store. In some states, there are limited numbers of full liquor licenses available, costing as much as several hundred thousands of dollars to obtain. Most liquor stores also require more sophisticated security systems because they are frequent targets of robberies and other crime. It’s not an easy business, but it can be highly rewarding and profitable.

Liquor Stores can benefit from a Merchant Cash Advance

With these factors at play, merchant cash advances can be beneficial for liquor store owners who need a steady source of income. If you are operating a liquor store and need extra funds, here are the reasons why cash advances on merchant payments can work well for you.

One page application minimum financial statements needed

Unlike traditional small business loans, merchant cash advances don’t come with all the massive amounts of paperwork to fill out, financial reports to share and the worry over credit scores. Merchant cash advances are determined by how long you’ve been in business and the amount of credit card payments your liquor store accepts on a monthly basis. And you don’t have to worry about putting up any collateral either.

Obtain financing fast

Because the process to get approved for a merchant cash advance is so quick, money can be in your pocket a lot faster than through other means. If you are facing an unexpected expense or trying to pay down other small business loans and credit cards, this can be very helpful. Future merchant cash advances will be easy to get too as a pre-approved small business.

Payments that meet your schedule

It can be worrisome to borrow money for any small business, especially with a liquor store which may experience peaks in buying seasons and slow periods in between. The good news is that merchant cash advance payments are determined on a small percentage assessed on every credit and debit transaction you take, so the money goes out in small increments you will barely miss. If you fall behind, your lender can work with you to get caught up with more flexible terms than any bank will ever offer.

Get approved and get funded

Along with a fast application process, the approval rate is a lot higher than with small business loans. This is because a lender like Northwest Finance is evaluating the merit of your liquor store based on actual business performance. Therefore, if your business is stable, there should be no reason why you wouldn’t get approved. Banks tend to see liquor stores as risky so they may not be as willing to approve your business for any loans. Keep in mind that merchant cash advance amounts may be based on average revenues for the past 6 to 12 months.

Bad credit business financing

If your liquor store has struggled with poor or bad business credit, but you have a steady flow of sales for your liquor store, a merchant cash advance can be the right solution for you. You will need to have a merchant credit card vendor already set up to accept payments, for the best results. Over time, as payments are made on time or early, a merchant cash advance can also help to improve your credit rating.

Industry leading reliability

A few years ago, there were few companies that were regulated by financial laws to provide merchant cash advances. Today, however, financial organizations like ours must prove that we are connecting small business owners with reputable merchant credit advance programs that conduct fair and reasonable business practices. So, there’s no guesswork or wondering if you are getting a good deal.

Don't pay higher rates

As compared to other types of small business loans and credit card programs, merchant cash advances offer very competitive industry rates. A very small fee is assessed with each payment, and this cost can be deducted as part of business expenses. Your liquor store can stay in business and you don’t have to raise your costs in order to afford a cash advance on your merchant account.

We work with many types of businesses

Whether you are using a major merchant vendor or have chosen to work with a small, less-known company, there’s no need to be concerned. Northwest Finance has multiple relationships with merchant credit card vendors and their partners, to make sure any business has access to these benefits. You won’t have to switch to another vendor you don’t want to work with.

A finance Partner you can trust

Getting a merchant cash advance for your liquor store means you have a partnership with your business for as long as you wish. You will be able to borrow more money in the future to expand operations, refresh your inventory with a new product line, hire more employees, and market your business. This gives you an edge on the competition and elevates you above the mom and pop liquor store status.

While we could go on about the extensive list of the benefits of a merchant cash advance, this should give you an idea of what you can expect when you connect when you apply for this type of financing.

Contact Merchant Cash Advance U.S today!

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Merchant Cash Advances

A cash advance may be the answer, for Business cash without a loan!

The lending community has tightened up considerably in the last few years making it extremely difficult to access additional business capital unless your business has large cash reserves. Wouldn’t it be nice if you could leverage your sales to secure an advance of cash instead of relying on traditional lending guidelines and requirements? 

A merchant advance provides working capital for your business secured by a portion of your future credit card receipts. The guidelines for a merchant credit card cash advance approval differ from a traditional loan as a merchant credit card cash advance is approved based on the history of receipts not on credit and collateral. 

These facts make it much easier for a small to medium sized business to attain the capitol necessary to grow the business.


Traditional underwriting requirements for a merchant cash advance are typically as follows:


500 FICO score or better  (in some cases this may not be a deal killer).

$5000/ month minimum processing

Average retail ticket less then $600 (businesses with higher tickets still may qualify).

15 batches / month

Bankruptcies discharged for at least 1 year (can possibly be worked around)

In business for at lease one year

Additional benefits include:

Advance is invisible: Advance does not show through the credit reporting agencies as a loan or line of credit

Large advance amounts: Up to $250,000

Repayment is automatic: A fixed percent of each future sale is directly debited

You don’t pay unless you get paid! 

A Merchant Cash Advance can be applied for and funded in as little as 48 hours. There is the availability for this type of financing nationwide. Apply get funded and grow your businesses without lengthy business proposals and lots of digging by banks and underwriters.

Merchant Cash Advance Companies | Merchant Cash Advances | Bad Credit Business Financing

Merchant Cash Advances, Bars, Nightclubs

Bar, Nightclub, Merchant Cash Advances

More goes on behind the bar than just cutting limes. Exploring new inventory, arranging deliveries, repairing damages, managing taxes and licenses — it takes a lot of work to keep the drinks flowing. But the only thing more challenging than keeping your body shop running is getting the funding you need from the bank. Maybe you’ve applied for a small business loan and been turned down, or you can’t afford to wait the weeks and weeks a bank loan would take to get you the capital you need.

Apply for a Cash Advance, it's easy.

When you get an answer from us, you know it’s valid and that the funds will arrive in a short period of time.

Fast and Simple

Most of our bars and lounges receive a pre-qualification from us within 24 hours of submitting the 1-page application, and actually receive the money in their business bank account within 7 days. The process for obtaining a traditional small business loan from a bank could take several months. Learn how our cash advance underwriting process works!

Minimum Documentation and No Collateral Required

We are not a bank, so we don’t require a lot of documentation.  For example, unlike for traditional bank loans, you do not have to provide tax returns, financial statements, or physical collateral in order to obtain a business cash advance. We have a simple one-page application and only require 4 months of credit card processing statements and 2 months of bank statements.

Personal Credit Isn’t a Problem

We take many factors into consideration through our proprietary underwriting process, and we have funded thousands of merchants who have credit scores of under 500. Business loans often require a minimum FICO or credit score.  Read how you can qualify for our business cash advance.

No Fixed Payment Schedules

A business cash advance isn’t a traditional loan. The advance is paid back as a percentage of your credit card sales. When business picks up, you pay back more and when business slows, you pay back less. Learn how our business cash advances work.

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Best ways to utilize a merchant cash advance

Here Are Seven Ways your Small Business Can Use a Merchant Cash Advance.

Unlike traditional loans, a merchant cash advance can be used any way your small business chooses. This type of funding is based on your future credit card sales. It works much different than a traditional loan. The approval process is much less stringent and much quicker. 

merchant cash advances fast

Even businesses with less-than-perfect credit can qualify. Repayment is taken as a portion of your daily sales. You can get money when you need it. Here are seven ideas on how you can use your merchant cash advance to benefit your business.

Unexpected expenses

You may have a piece of equipment that breaks down and can’t wait for a bank loan to get approved. Quick funding lets you take care of business without depending on family, friends or the bank.

Staffing needs

The cost of hiring new staff can be expensive. You need more staff to meet demand, but you need more business to pay for more staff. Use your merchant cash advance to cover expenses.

Increase cash flow

Having money on hand without taking out a loan can help you maintain and build your empire.

Equipment upgrades

When equipment becomes obsolete, use your merchant cash advance to purchase new. Keep your business fully operational without taking on more debt.

Pay bills

If your business is having a down month, pay for expenses with a merchant cash advance. Don’t stress over missing payments and possibly damaging your business credit.

Marketing and advertising

Sometimes, you need a boost of business working capital to expand your customer base. Marketing agencies can really give your business the chance to grow, but they aren’t inexpensive.

Renovations and improvements

If you need money to remodel, add a second location or make repairs, a merchant cash advance can be just the ticket to have extra cash on hand to make improvements without breaking the bank.

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