ST Unlimited‎ > ‎OTHER PRODUCTS‎ > ‎

Cash Advance

Merchant Cash Advance Program

A merchant cash advance is the purchase of future credit card receivables from a merchant at a discount for cash; it is not a loan and has no fixed term or fixed repayment schedule. Payment is deducted from daily credit card receipts automatically.

The process for applying for this type of advance is much simpler than a bank loan or credit line and the funds are available almost immediately. We understand that many small businesses struggle with cash flow and sometimes opportunities are missed due to of lack of funds. Our goal in offering this program to our customers with merchant accounts is to help small and mid-sized businesses expand their company, purchase equipment, add additional inventory or invest in the future growth of their company.

Here's how it works:

Your average monthly volume will be reviewed to establish your maximum allowable advance. You can let us know how much you would like, and then you review and sign the paperwork and the cash is sent to you within days!

Merchant Benefits

  • Merchant can receive up to $150,000
  • No personal guarantee on repayment is required
  • Payback based on timing of Visa / MC / Discover / Amex receipts
  • No fees or penalty for extended payback period
  • A/B credit not required
  • Financials / tax returns not required

Requirements in order to be eligible for the advance:

  • Merchant must be in business for at least 12 months with 6 months of ownership
  • Your merchant account must be with us. If it isn't already, we will charge nothing for you to switch and will meet or beat your current costs
  • You must provide the previous 4 months of processing statements, 2 months of bank statements, and a copy of a state or federally issued photo ID
  • Trade references are required
Comments