FundRite can provide your business with funds in exchange for a portion of your businesses future sales. It’s easy. Once you receive the funding, your daily payments are drawn from your business bank account by an independent ACH processor until the full obligation has been met.
A Merchant Cash Advance has some advantages over the structure of a conventional advance. Most importantly cash advances offer businesses greater flexibility with which to manage their cash flow, particularly during an unforeseen event. Merchant Cash Advances are processed much faster than a typical advance, giving borrowers quicker access to capital.
Additionally, since FundRite gives more weight to the underlying performance of a business than the owner’s personal credit scores, FundRite Merchant Cash Advances offer an alternative to businesses who may not qualify for a conventional advance.
We offer our products to businesses in all 50 states and range from $5,000 to $1 million