Home  Services Cash
Advance Program |
Do
You Need Money to Grow Your Business?
If yes, we can offer you a cash advance
up to $250,000 that can be used for expansion, equipment purchase,
promotion, etc. If no, not now, then wouldn’t it be wise to set up
an emergency system that provides you with an immediate cash advance
when the time comes where you need it?
ACE Merchant Processing is not a bank, and our
cash advances are not bank loans. Our program is a patent-pending
financial process that focuses on future credit card transaction revenue
as a repayment vehicle. Our sole objective is to provide you with
working capital, quickly and easily, that will help you to achieve
your business growth objectives plus avoid the hassles and indignities
that accompany bank loan applications. |
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Even if you
do not need the money right now, you can’t predict the future. Wouldn’t
it be wise to have an emergency cash advance system in place just
in case? Then, should you really need it, your application has already
been approved and you will receive your cash advance within 24 hours.
Difference between Conventional
Loan and Cash Advance
| Conventional Loan |
Cash Advance |
| Detailed Financial Statements for 2-3 years |
Financial statements
not required |
| Audited Tax Returns for 2-3 years |
Audited Tax Returns not required |
| Must be in business for a minimum of 2-3 years |
Must be in business 9 months
or less* |
| Personal Guarantees of all owners |
Guarantee against fraud or
intervention** |
| Lengthily Approval Process |
48 hours for approval |
| Costly Application Fees |
No application fees |
| High Credit Scores Required |
Proprietary Scoring system
does not require high credit scores |
| Costly Closing Cost |
Only your future credit card
sales |
| Collateral of all business Assets |
2 pages basic application
and copy of last four months credit card processing statements. |
| Complicated Application |
Repayment based only on current
sales. |
|
Business Cash Advance
Applying for a business cash advance from
ACE Merchant Processing is easy and quick. The application is two
pages and can be faxed or e-mailed directly back to us. You will know
within 48 hours if you’ve been approved.
To qualify . . .
- Your monthly VISA/MasterCard revenue must exceed $1,500
- You have no prior unresolved bankruptcies
- You have been in business for at least 12 months
Business Cash Advance Repayment
Repayment for your cash advance is
based upon your future swiped VISA/MasterCard credit card transactions.
A monthly percentage of these future sales is used as the determining
factor for repayment. There are no bank loan repayment statements,
no fixed monthly payments, and no penalties for late payments. Repayment
occurs automatically and follows your business revenue flow. We base
our success on the success you achieve as a result of our cash advance
to you. We’re putting our money on you and your ability to make the
best use of it. |
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“American Express requires separate approval.”