Cash now, repaid from the sales you make.
A merchant cash advance gives you a lump sum against your future sales. You pay it back with a share of what comes in, so a slow week means a smaller payment.
Applying does not commit you to an offer.
How it works.
We advance an agreed amount up front. In return, the funder buys a portion of your future card sales or receivables. Each day or week, a set percentage of your sales goes toward the balance until it’s paid.
It’s an advance, not a loan. The cost is a factor rate, quoted in writing before you sign, so you know the total payback from day one.
A good fit if you
- Take card payments or invoice customers regularly
- Have sales that rise and fall with the seasons
- Need money faster than a bank can move
- Would rather not pledge property or equipment
What we’ll ask for.
The application takes about two minutes. If you move forward, an underwriter will ask for these.
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Photo ID
A driver’s license or passport for each owner.
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Business bank account
The account the funds go into, with its routing and account numbers.
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Three months of statements
Recent business bank statements, so we can see your sales and cash flow.
Questions? (516) 751-4764
Questions about merchant cash advances.
If yours isn’t here, call or email us at (516) 751-4764 or processing@blackstonefinancials.com.
Is a merchant cash advance a loan?
No. It’s the purchase of a share of your future sales. That’s why payments move with your revenue and the cost is a factor rate rather than an interest rate.
How is the amount decided?
Mostly by your monthly sales and what you’re already paying on other advances. An underwriter will tell you what’s available after reviewing your statements.
Can I qualify with less-than-perfect credit?
Often, yes. Sales and cash flow carry more weight than your score, though credit can still affect the terms.
What happens in a slow month?
With a percentage-based payment, you pay less when sales dip. Some agreements use fixed daily or weekly payments instead. Your contract will say which, and we’ll walk you through it.
See what your business qualifies for.
Apply online in about two minutes. Nothing happens until you agree to the terms.