Alternative Solutions Media

Financial ServicesFlorida, United States2-10 Employees

I enjoy working with merchants that are very successful and at certain times use my lenders for capital .
Merchants always want to expand / grow their business but do not have large sums of capital for marketing or inventory to grow , so they reach out to our lenders for large cash advances . 
 Our solution is fast, flexible, and hassle free. You don’t need perfect credit or an abundance of collateral. There is no personal guarantee. We simply purchase your future credit card receivables and give you the cash your business needs in as little as 5 business days. Alternative Solutions Funding is the perfect alternative to traditional small business loans. Get started on your approval today!

A Merchant Cash Advance is like a personal cash advance; it is usually approved and funded in just a day or two. There is very little paperwork. Since this is an unsecured product, you agree to pay back the advance, plus a fee. Repayment is done by letting the provider take a part of your credit card sales every day, until the advance has been repaid.

While a merchant cash advance can certainly be a quick way to get cash. However, fees can range from 10% to 80% APR of the amount financed. Providers measure their fees as a factor rate. The advance amount you receive is multiplied by that factor rate to determine the total amount you’ll pay back. You’ll pay this back by giving the funding provider a fixed percentage of your credit card revenues each day until the loan has been settled. The repayment method is can be advantageous for those businesses that experience an inconsistent income. Inconsistent income can be caused by seasonal sales, expansion projects, and varying output in production. You will actually repay a lower amount of money during slower months. Average repayment time frames are 3 – 9 months. The higher the fixed percentage of your credit card sales you’ll share, the shorter the repayment time frame will be. details 561-281-2020

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