Newtek Business Services, Inc.
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Cash Advance

Merchant Cash Advance

With Merchant Cash Advance, you can turn your future credit card sales into cash today! Its that easy; and as a valued Newtek merchant, we can offer you capital when you need it.

What is Cash Advance?
Cash Advance is not a loan, it is the sale of your credit card receivables at a discount. As a merchant, you can sell a specific amount of your future credit card sales and receive payment now. You can use your capital to grow, build, and strengthen your business.

Once approved, the upfront capital (purchase amount) is deposited directly into your bank account. Payback of the advance is made through an automated deduction of an agreed upon percentage of your net settled credit card sales until the purchase price is satisfied.

  • There is no "Interest Rate;" instead you agree to payback a predetermined amount
  • There is no "Term;" instead it's a percentage of your settlement. The payback time varies with how much or how little your business processes.

Merchant benefits include

  • Provides those merchants who are ineligible for traditional financing the capital needed to sustain, grow, and develop business.
  • You are not required to put up your home or business as collateral.
  • Payback to the provider ebbs and flows with your processing volume. If volume is down, the amount deducted it less.
  • Funding is available much more quickly and requires a fraction of the paperwork.
  • Payback becomes part of doing business.
  • No upfront fees or closing costs

A cash advance is an ideal funding solution for small to medium size businesses who need cash to:

  • Grow business, open new locations
  • Advertise
  • Expand inventory
  • Improve facilities
  • Pay taxes
  • Pay operating expenses
  • Get through a slow period - great for businesses who experience seasonality or cyclicality
  • Meet payroll

With cash advance, we offer a way to improve the future of your business by accessing cash now.

apply for cash advance

Apply now online or call for additional information on how you can GET CAPITAL NOW!

Toll Free 866.324.6934

Apply today for one of our business services.
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