Simply Funding can advance your business by purchasing up to $250,000 of its future sales, today! We'll pay your business upfront, then collect a small percentage of future sales as they occur until a pre-determined amount is collected.
Sometimes referred to as a business advance or merchant cash advance, an advance is an amount of money paid to a business to purchase sales that would normally occur in the future. A percentage of the future sales are collected by scheduling an ACH debit from your business checking account or directly from your credit card processing transactions.
FUNDING AMOUNT
Simply will purchase between $10,000 and $250,000 of future business receivables.
APPROVAL TIME
Decisions can be made within 24 hours. Simply complete our short one page application.
REQUIREMENTS
You simply need to be in business for at least 3 months and average $10,000 each month in gross sales.
BUSINESS TYPES
We purchase receivables from almost every business type. Check with our team for a list of accepted business types.