Merchant Cash Advance FAQs

Have questions about partnering with us? Find frequently asked questions about merchant cash advances and other services we offer

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Have a Question?

We strive to answer all your questions in a professional and timely manner. Below are the answers to some of the more common questions we get asked. Please feel free to call us toll free at 1 (866) 866-0378 or email us at [email protected] and speak directly to one of our knowledgeable representatives for more detailed answers to your questions.

Our prequalification process is quick and easy, and businesses can be funded in as little as 24 hours after approval. Take five minutes to fill out our online form and we will assess your business’s health and respond with the best funding options for your short-term needs and mid-to-long-term goals

As a US business funding organization Funding Merchant Source  offers Merchant Cash Advance,  Equipment Leasing, Purchase Order Financing, Commercial Fleet Financing , Factoring & Accounts Receivable Financing, Inventory Financing and Payment Processing Solutions.

Our advances range from $10,000 – $3 Million and our terms are typically between 3 – 24 month terms.

No. Funding Merchant Source provides progressive business funding and is one of the best financing options for a business. The prequalification request is based on a “soft pull” which is only viewable to us, so it does not negatively impact your credit score.  Before you receive funding, a “hard pull” will appear on your credit profile and may affect your credit score. The effect of a hard pull can vary by person, but the average impact is fewer than five points (credit scores are measured in hundreds of points, generally between 300 and 850).

You will only need to provide us with your business’s 3 most recent bank statements. However if your business is seasonal we may need a little more information to accurately assess your current funding request.
No, if you apply for funding from Funding Merchant Source, there is no obligation to accept the offer.  Your offer is valid for 30 days, at which time it expires. So remember Funding Merchant Source provides progressive business funding and is one of the best financing options for a business.
Funding Merchant Source looks more at the health of the business and the ability of your company to service the holdback % vs. evaluating credit or assets. Bad credit is ok! We realize owners have life events that come up that may negatively impact their credit score. Some of these events include divorce, sickness & medical expenses, bankruptcy, or inadequate accounting services. This shouldn’t prohibit you from obtaining capital you need to maintain or grow your business. Funding Merchant Source will work through almost any scenario to get you funding in a fast & flexible manner that is customized to meet the needs of your business.
Unlike most funders we do not advertise get $250,000 in working capital fast. We are one of the best financing options for a business because of our progressive business funding we have funded advances from $1,500 to $3 million for our merchants. We encourage you to ask for references. Our satisfied clients are our best advertising
We are as fast as your paperwork. From application to funding usually runs 3-5 days when we work with motivated merchants.
70% of our clients had or have an advance with other merchant cash advance companies. Having premium pricing they recognize that we are super competitive and fair. As long as you pocket 50% or more of our advance we are happy to pay off an existing advance or any we are happy to pay off an existing advance or any other debt directly.
No worries, we can pay off up to 4 months in back rent and consider many other factors such as time in business and overall sales to compensate for Liens and Judgments.
Absolutely not, but over 75% of our merchants were currently with or switched to one of our preferred processors. Next day cash settlements and better rates and fees are a compelling reason to switch. However, if any circumstances prevent this, including merchants preference we have many alternative collection methods.

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1 (866) 866-0378

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$3 Million in Financing!

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