Merchant Solutions Group provides cash advances to small and medium sized businesses.
Here’s how it works:
Why Merchant Solutions Group?
Merchant Solutions Group (MSG) has the answer: a cash advance against future receivables.
* “Small Business Lending Still Depressed Five Years After the Collapse of Lehman Brothers, According to New Survey,” Business Wire, September, 2013 – 2.16.14
What is a Merchant Cash Advance?
What are the Benefits of a Merchant Cash Advance?
• No upfront fees or cost to apply.
• No personal guarantees.
• No collateral required.
• No set time frame for payback.
• Fast turnaround time.
• An ongoing source of capital which is renewable as the advance is paid down.
• No upfront fees or costly paperwork to apply.
What Can I Do with a Merchant Cash Advance?
• To buy out a partner
• To change their menu
• To adjust inventory
• Hire new staff
You know what’s best for your business, so use your cash advance as you see fit. Need to open another location? Go for it. Want to make renovations to your store or restaurant? There’s no time like now.
How Does Repayment Work?
Merchant Cash Advance “Split”
MSG takes a fixed percentage of your Visa and Mastercard sales daily until your advance is paid in full.
Automatic Clearing House
MSG withdraws a fixed dollar amount each working day directly from your bank account. Our Cash Advance contracts are written in plain language, and our terms are transparent. Unlike our competitors we never charge our clients hidden fees or penalties.
How Do I Apply?
MSG’s three step process keeps it simple so you can get back to business.
Complete our simple, secure application form or call us.
Unlike banks we keep the paperwork light. To determine your ability to qualify for a Cash Advance, MSG needs only the following:
i. Credit Card Statements
ii. Business Bank Statements
iii. Business Check & Driver’s License
If you qualify for a Cash Advance, you will receive your offer within 24 hours. Upon receipt of your countersigned agreement, MSG releases funds within five to seven business days. It’s that simple.