AdvanceMe's Merchant Cash Advance product is a lump sum of working capital cta AdvanceMe Recruiterthat goes to a Merchant in exchange for a predetermined amount of the business' future credit card sales. It is also sometimes referred to as a business cash advance.

A viable alternative to business loans, AdvanceMe, Inc. (AMI)'s Merchant Cash Advance offers flexibility and options to more businesses. To make sure this is the right fit for your client's needs, AMI will first establish they:

Upon approval, the business cash advance process is simple. The business sells AMI a portion of their future credit card sales, receiving a lump sum of working capital. Then a fixed percentage of their business' daily credit card receipts is automatically retrieved (through the processor) until the obligation is complete--which is usually less than one year.

The following are Frequently Asked Questions about becoming an independent sales organization (ISO) or independent contractor (IC) for AMI and about our unique Merchant Cash Advance:

How do I get started?
You fill out a simple informational form and an ISO Placement Specialist will contact you. They will arrange to get you the appropriate paperwork for completion. Following these simple preliminary steps, we'll provide you with the support and materials you need. We have easily accessed resources as well as experienced trainers that can walk you through each step of the process in selling AMI's Merchant Cash Advance.
How do I get paid?
We pay upfront commissions weekly and residual commissions monthly. The more you fund with AMI, the more you will get paid.
What makes AMI the smart funding choice for my existing customers?
AMI offers a revolutionary funding product, helping your clients to better manage their cash flow needs with a more responsive alternative to business loans. We provide quicker, easier service, with more approvals than most banks can offer. Since 1998, AMI has served over 20,000 businesses with more than $1 billion in funding, becoming the nation’s leading provider of Merchant Cash Advances (Business Cash Advances).
How does it work?
AMI purchases a pre-determined amount of a business' future credit card transactions. The business receives an immediate lump sum of working capital. A predetermined percentage of their future Visa and MasterCard credit card receivables is automatically collected until the obligation is satisfied. Your clients get working capital fast, and then we get paid when they get paid — a convenient way for them to better manage their cash flow. And since the processor automatically retrieves this predetermined percentage of credit card receivables, the business will never have any late fees to worry about.
What benefits does this type of funding offer over other choices?
A key benefit is that this is not a bank loan. So there are no loan payment books, no late fees, and no interest rates. Best of all, your client will only deal with people that recognize the value of their business. The processing time and approval process is also much easier and quicker than you'll find with many other options—typically completed within 10 business days. AMI can often tell your clients "yes" when every other possibility says "no".
Who generally qualifies for this kind of funding?
AMI specializes in funding underserved small to mid-sized businesses. This is why over 20,000 businesses have benefited from using AMI since 1998. We have also successfully funded over 100 of the premiere franchise concepts, and helped many other businesses commonly rejected by banks and lending institutions.
How soon can my merchants get the money?
This all depends on the merchant. If the requested information is provided promptly, AMI is usually able to provide funding within 10 business days. If your customer is already using one of our approved credit card processors, it can take as little as 72 hours.
What can my merchants use the money for?
Essentially, they can use the money for anything their business needs. Unlike other options, we encourage each business to use the money to their greatest advantage. Many businesses will renovate or add physical improvements to their establishments, many will buy additional inventory, and many use the money to take advantage of a timely opportunity. We let the businesses decide how they are best served.
Will my merchants need to change credit card processors?
Since the processor is what enables us to automatically retrieve the payments for the funding, your customers may need to change processors to one that has an established relationship with AMI. Our affiliated credit card processors guarantee to meet the transaction rate for your clients' current processing needs.
How often does AMI collect payments?
Payments to AMI are electronically retrieved on a daily basis. The payments are automatically collected from each day’s credit receipts during a "batch" processing.
With their original obligation to AMI satisfied, can my merchants apply to receive additional funding?
Certainly. In fact, since it is so easy to do and so beneficial to their business efforts, 3 out of 4 eligible AMI customers return to take advantage of additional funding opportunities.