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FAQ


FAQ: Merchant Cash Advance
FAQ: ACH Funding Program

FAQ: Merchant Cash Advance
What can we offer businesses?
How can I use the cash once approved?
How do I track what I’ve paid back on the advance?
How long does it take to get funded?
What is the Interest Rate?
How are my payments determined for merchant cash advance?
How much can I qualify for a Merchant Cash Advance?
I have an existing cash advance with a competitor?
Does my credit score keep me from qualifying for a Merchant Cash Advance?
How much is the fee on MCA Program?
I am under contract with my current Merchant Processor can I get a get approved for MCA with Corporate Bucks?
What can we offer businesses? [Top]
o We offer businesses working capital, for them to grow and enhance their business.

How can I use the cash once approved? [Top]
o The only requirement on how the money funded is use is that it has to be put towards the business needs. Remodeling, marketing, payroll, whatever fits your business needs.

How do I track what I’ve paid back on the advance? [Top]
We send statements detailing how much you’ve paid from the previous month. You can also go online and access

How long does it take to get funded? [Top]
o From application approval to funding it takes 2-10 business days.

What is the Interest Rate? [Top]
o There is no interest rate on our product. We charge a one-time flat fee plus an application fee, after approval and funding only.

How are my payments determined for merchant cash advance? [Top]
o The best benefit of the MCA Program is that there are no fixed payments. We receive a small agreed upon percentage of your credit card processing sales until the advance has been paid off.

How much can I qualify for a Merchant Cash Advance? [Top]
o We determine the advance based on your previous merchant processing statements.

I have an existing cash advance with a competitor? [Top]
o That’s Great! You already know the benefits of merchant cash advances. Usually Corporate Bucks can increase the amount your qualified for so can get you more money.

Does my credit score keep me from qualifying for a Merchant Cash Advance? [Top]
o No, we base our funding on the business performance by verifying their monthly credit card volume.

How much is the fee on MCA Program? [Top]
o We understand businesses are unique, that is why we require most recent 3 months processing statements to quote you properly. Fees are based on the amount funded and repayment terms.

I am under contract with my current Merchant Processor can I get a get approved for MCA with Corporate Bucks? [Top]
o Yes, we can work with other merchant processing companies to get you funded. Typically, we recommend switching over your merchant services account due to the ultimate customer service and satisfaction by facilitating and maintaining your accounts seamlessly. Every applicant will receive a complimentary statement analysis by our team of Certified Payment Professional’s to educate you on your current processing fees.

FAQ: ACH Funding Program 
What can we offer businesses?
How can I use the cash once approved?
How do I track what I’ve paid back on the advance?
How long does it take to get funded?
What is the Interest Rate?
I have high gross volume but low merchant process can I get an Advance?
How is my payment determined on the ACH Funding Program?
• How is repayment ful-filled on the ACH Funding Program?

• Can I renew before the pay-off? 

Does my FICO Score affect me qualifying for ACH Funding Program?

What can we offer businesses? [Top]
o We offer businesses working capital, for them to grow and enhance their business.

How can I use the cash once approved? [Top]
o The only requirement on how the money funded is use is that it has to be put towards the business needs. Remodeling, marketing, payroll, whatever fits your business needs.

How do I track what I’ve paid back on the advance? [Top]
We send statements detailing how much you’ve paid from the previous month. You can also go online and access

How long does it take to get funded? [Top]
o From application approval to funding it takes 2 -10 business days. Untimely submission of paperwork request or responses will delay approval and funding time.

What is the Interest Rate? [Top]
o There is no interest rate on our product. We charge a one-time flat fee.

I have high gross volume but low merchant process can I get an Advance? [Top]
o Yes, our ACH Funding Program offer business cash advances from $5,000 -$500,000.

How is my payment determined on the ACH Funding Program? [Top]
o Repayment is based on total monthly gross revenue

How is repayment full-filled on the ACH Funding Program? [Top]

o Low fixed daily ACH payments

• Can I renew before pay-off? [Top]

o Yes, once you have reached 50% of your pay-off you are eligible to renew your advance and get more funds for your business

Does my FICO Score affect me qualifying for ACH Funding Program? [Top]
o No, FICO Score is NOT a sole-deciding factor to Qualify for ACH Funding Program

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A Few Benefits of Corporate Bucks Revenue-Based Financing Programs:
  • Same-Day Approval
  • 48-Hour Funding
  • No Application Fee
  • Easy Payback
  • Renew when 50% paid back!
Corporate Bucks, a registered ISO/MSP of Fifth Third Bank, CIncinnati, OH
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