Cash Advance & Loan Programs

Cash Advances & Loans

If you are currently accepting credit cards as a form of payment for your business; they allow you to obtain working capital for improvements on your business or simply to purchase inventory. Whether you want to expand or you need immediate cash to pay off debt, a cash advance can help secure the future of your business. Union Merchant Services offers cash advances on future credit card receipts through our industry partners. A cash advance is the purchase of future credit card receivables from a merchant at a discount for cash immediately. It is not a loan and has no fixed term or fixed repayment schedule. Our partners are leaders in the cash advance industry; offering fast and convenient funding.

The Merchant Cash Advance program is a financing solution which converts your future Visa, MasterCard, Discover and AMEX receivables into immediate capital. Repayments are based on a percentage of your daily batches and are automatically applied to your remaining balance until the advance is satisfied.

The loan program is based on your businesses daily bank deposits and a fixed amount is taken out of your bank account every business day until the loan is satisfied. The remaining amount of your daily deposits are there for your cash flow.