With the YMC business funding program, your qualification is as simple and straightforward as possible. In order to speak to a representative about receiving a cash advance, please fill out the contact form below or call our local reps at (877) 977-7123.
If you meet the following criteria you are almost approved for a cash advance:
- In business for more than 1 year.
- Process Visa or Mastercard for the past 6 months.
- Monthly Visa and Mastercard sales exceed $2,000.
- Retail business lease with minimum 6 months remaining.
Still have questions? The list of facts below might help:
- How do cash advances work?
- How can I use the cash?
- How much cash can I get?
- How soon do I get the money?
- How can I monitor the progress of my advance with you?
- How does this purchase work?
- Will this advance purchase delay my daily credit card transactions coming to me?
How do cash advances work?
Your Merchant Company will pay you for your expected future credit card transactions.
As those transactions are processed your debt is being paid back with a small percentage of your transactions.
How can I use the cash?
Any way you want. We are only interested in your continued success.
How much funding can I get?
Depending on your credit card volume, you can get up to $250,000 per location.
How soon do I get the money?
After completing the application
you can expect your money in as little as 72 hours.
How can I monitor the progress of my advance with you?
Once you are funded, you will be assigned a customer identification number and password that will allow you to monitor the progress of your advance, ask us questions, and request additional funding. Once signed into our secure site, will be able to view the details of your advance and the up- to-date daily details.
How does this purchase work?
It’s simple, as you settle your daily credit card sales, (Visa and MasterCard), Your Merchant Company will receive a small percentage of those funds automatically, and the remaining balance will be deposited into your account.
Will this advance purchase delay my daily credit card transactions coming to me?
Absolutely not, your money will be deposited in the same manner, and within the same time frames as it always has been. This purchase will not impact the timing our your deposits at all.
