A merchant cash advance is a financial service that enables a business to receive a cash advance for estimated future credit card sales.

A merchant cash advance is typically used for business purposes such as purchasing inventory, upgrading equipment, renovations, advertising or just meeting a cash flow short fall.

The amount of the business cash advance proceeds are usually based on the volume of credit card processing the business produces on a monthly basis, and can average from 100% to 150% of a month's volume. For example, a business with $50,000 per month in credit card processing that needs a cash advance, would qualify for $50,000 or more with the full advance to be repaid over 6 to 12 months. Repayments are deducted from credit card sales at a rate of about 10%-20% per month until paid in full. A Merchant cash advance is not a loan, but more like a form of receivable factoring.

GolfTranz and our partner USMS are processing partners for many of the major merchant cash advance companies. As a result of our affiliations, we have negotiated very favorable business cash advance rates for our clients, rates that are not usually available through other companies.