Business Cash Advance

Funding for businesses that do not accept credit cards

Overview

Business Cash Advance is a quick and easy way to receive the funding for your business needs. Seek Business Capital can approve in hours and fund within 24 - 48 hours. Approval times are fast and require minimal paperwork.

A Business Cash Advance is an advance to your business based on future receivables. You agree to payback the initial advance plus a fee known as a factor rate. Payback is an automated process that withholds a small, pre-agreed amount daily from the business bank account until the amount owed has been repaid. The great thing about a Business Cash Advance with Seek Business Capital is the there are no lump sum monthly payments, just a simple fixed daily ACH payment.

Range

Funding amounts are based on business performance and range from $5,000 to $2,000,000. Duration ranges from 2-3 months for ultra short-term capital requirements or up to 5 years.

Funds from a business cash advance have no restrictions, meaning your business can use the funds for whatever your business requires- payroll, inventory, equipment, taxes etc.

Qualifications

To qualify for a Business Cash Advance you must:
• Have at least 3 months in business
• Be located within the United States.
• Have at least $15,000 in monthly revenue.

Take a moment to speak to our funding specialists and find out if a business cash advance can help your business grow.

How Seek Business Capital Works

A merchant cash advance is a form of financing available to businesses that accept credit cards.
A line of credit is a funding option for startups, new businesses, and some established businesses.