Accounts Receivable Financing
It’s a business “fact-of-life”: Your customers pay you in a 30, 60, or 90 day cycle.
However, the needs of your business may not be that patient. With Newtek’s Merchant
Cash Advance you can put your term payments to work for you sooner rather than later.
The Benefits of Accounts Receivable Financing
- No Application Fee
- No Application to fill out
- Continuous Source of Operating Control
- Early Payment Discounts
- Quick and Easy Funding
- Focus on the Growth of Your Company
- Access to Reporting
You can have approval in as little as 48 hours and close and receive funds within 10 days.
Merchant Cash Advance
Similar to Accounts Receivable Financing, Newtek’s Merchant Cash Advance program
allows you to utilize your anticipated monthly credit card volume to your advantage.
Flexibility and accessibility are keys to keeping your business moving forward.
Our Merchant Cash Advance program is just another way Newtek is there to help keep
that momentum.
The Benefits of Merchant Cash Advance
- Business Owners are not required to put their home up as collateral
- No Application fee or closing cost
- Easy Renewal process
- Payback ebbs and varies with your processing volume
- Funding becomes part of your cost of doing business
- Funding is available quickly and requires a fraction of the paperwork of other sources of funding
- Advance can be combined with Newtek’s other financing programs; we can tailor a program to meet your comfort level of business needs.
With Merchant Cash Advance we offer you a way to access cash now.