TierFunding NOW OFFERS
CONSUMER FINANCING FOR YOUR BUSINESS!
Interested in offering consumer financing?
Increase your revenue by offering financing to your clients.
CONSUMER FINANCING THAT WORKS FOR YOU AND YOUR CUSTOMERS.
Drive more traffic
Increase sales
Build customer loyalty
How a Merchant Cash Advance Works
As a business owner, I’m sure you recognize the importance of having money available in case it is needed. If you have to make urgent reparations or buy new equipment that will make your job easier and increase your revenue, then you’re going to need some capital to cover those expenses. If you have the money, excellent, but, what if you don’t?
The first thing that comes to mind would be getting a loan from the bank. However, banks are denying loans to business owners in record numbers, leaving them frustrated and with no options.
Securing financing for your company should not be hard, especially if you are facing problems that could threaten your business.
Luckily, alternative lending institutions like TierFunding have loan programs made for business owners that could use some extra funds to enhance the performance of their business.
Why should you apply for a Merchant Cash Advance?
While a cash advance is not technically a loan, an MCA is perhaps the quickest and easiest way to obtain working capital for your business.
When you get a cash advance, the lender will give you a lump sum of cash in exchange for a percentage of your future debit or credit card sales. Then, the loan can be repaid by automatically debiting the agreed amount daily or weekly from your business’ merchant account.
Before the MCA lender transfers the funds into your account, he or she will provide a detailed loan agreement form showing the advance amount, the amount you are expected to pay back, and the loan term.
Opposed to fixed payments loans, in a cash advance the agreed amount is automatically deducted from the daily sales generated on your merchant account until the advance is paid off.
How To Apply for an MCA with TierFunding?
Once you submit the application form, we will determine if you qualify for the program and how much capital you can get. If your application is approved, we will transfer the funds to your bank account. You can Apply for a Merchant Cash Advance Online.
Below is the detailed application process:
About this Loan Program:
Not all of your clients may have enough cash to purchase your products or services. Fortunately, by partnering with us, you can now offer your customers financing with low monthly payments and not lose sales.
About this Loan Program:
We make the process simple, so you can focus on running your business.
- Simple online application
- Decision in minutes
- Flexible repayment options
- Perfect credit scores not required
- $1,000 to $10,000 per client available
We work with businesses in all 50 states. We often work with companies in the following industries: healthcare services, medical equipment and supplies, home improvement supplies, retail stores (appliances, mattresses, furniture, and more), professional services (accountants, funeral homes, and more), and others.
TAKE A LOOK AT SOME OF THE FEATURES
That Our Cash Advance Program Has For You
✔ Factor Rates From: 1.20
✔ Terms: 3-18 months
✔ Loan Amounts: $20K – $5M
✔ Time to Fund: 1-2 Business Days
✔ Time in Business: 1 Year
✔ Existing Advance: No Problem
✔ Tax Liens Acceptable: Yes
✔ Industries Funded: All
✔ Repayments: Daily or Weekly
✔ Collateral Required: No
✔ Restrictions on Uses: No
✔ Consolidation/Refinancing Options: Yes