Frequently Asked Questions
CashFund offers you an innovative funding program designed to help you meet business financial needs. Whether it is to fund business growth, or meet short term obligations, our program is a fast and intelligent alternative to traditional bank financing.
You can qualify for any amount between $5,000 and $500,000 per location. By analyzing your last 4 months of recent credit card processing statements CashFund will tell you exactly what you qualify for.
Our financial services are unlike traditional bank financing – so there are no payment books, dealing with people that don’t know your business, or other financial hassles. Our business financing products are tailored to suit your needs and offer flexible repayment schedules made to compliment your businesses performance.
To qualify you must have been in business for 60 days, have $3,000 credit card sales per month and meet a few simple requirements. 93% of applicants qualify for an advance.
Our clients use business cash advances or working capital to fund startup operations; to fund new equipment or provide for additional business locations; or to meet seasonal business activity obligations. You can use the funds for any business need you may have.
We will work as quickly as we can to meet your business needs. It normally takes 72 hours from receipt of an agreement to funding.
There are no penalties for early payment. Once you repay 75% of your advance, you will then qualify for additional funding!
You will continue to use your current credit card terminal. It will simply require some additional software to be downloaded free of charge before funding can take place.
If you still have questions or require assistance, please call one of our financial advisors directly at 1-800-545-9105.