When You Need Money Right Away, Come to Us
Financial problems can easily send a small business into bankruptcy, which is why it is important to have a trusted source of quick cash. Here at Summit Capital Financing, we pride ourselves in offering fast and easy merchant cash advance arrangements for businesses that do not have the option of waiting for more traditional loan approvals.
A cash advance differs from a traditional loan because it is repaid through a pre-determined percentage of future credit card sales. This means that no regular monthly payments are required and bank debt is not increased. Most businesses can expect to receive approval for up to $200,000 per business location. The cash advance money can be used for any necessary business need, from acquiring inventory to marketing.
When you receive a merchant cash advance from Summit Capital Financing, you will be able to take advantage of the following benefits:
Our cash advance program takes away the burden of regular monthly payments because it is structured to be repaid with a small percentage of each credit card sale. This setup makes payback easy and automatic.