Credit Card Cash Advance
Carebourn Capital is pleased to bring you one of the easiest and most beneficial ways to get quick cash for your business. If you accept credit cards in your business, the Credit Card Cash Advance program allows you to receive money in advance, which can be used to buy needed equipment, hire more employees, remodel, or anything your business needs.
Qualifications for Cash Advance:
- Business operations for at least 1 year
- Monthly credit card sales of at least $10,000
- Accepts Visa, MasterCard, or Amex
With the Credit Card Cash Advance program, your company is eligible for 80-120% of your average monthly credit card receipts. A benefit of this program is that Carebourn Capital assumes you will continue to do business as you did before. Your payment is fixed at 15-20% of your future credit card receipts until the amount owed is repaid. You keep 80-85%. So if your credit card receipts grow, then your cash advance gets paid back sooner. If your credit card receipts decline, you pay the advance back in a longer period of time, without any additional costs. Also, once you have repaid 50% of the advance, you can re-borrow the amount you paid back.
Please contact us today for an application or for more information about our Credit Card Cash Advance program.