Cash Advance Program
Wyzemerchant Card Services is your one stop shop for all your merchant needs. We
offer products and services not available through the "Big" Banks at industry leading
rates. Every client has a different situation, and requires a different solution.
We pride ourselves on our personalized service.
We understand that times can be hard, and here and there many business owners need
access to extra working capital. Many times an unexpected event comes about, or
a great opportunity knocks and waiting weeks for a business or personal loan just
will not work.
We advance merchants funds against future Visa and Mastercard receipts. A mutually
agreed upon percentage is taken out of the daily transactions until full repayment
of the advance and our one-time fee for the service. We provide advances for all
types of businesses. The amount of the advance varies from $2,000 to $150,000 and
more. Advance amounts are based on the average of the merchant's last 4 months of
Visa/MasterCard statements. There is no set time frame to repay the advance. The
payback period is not fixed because it is based on the merchant’s actual Visa/MasterCard
processing volume. We only get paid when the merchant gets paid through future sales.
In order for us to receive payment, the merchant will have to switch to one of our
approved credit card processing networks. The merchant does not have to be concerned
about rates because we will either match or beat the business' current fees. In
addition, in many instances we can simply reprogram the merchant's terminal at no
cost. We are a money factor and not a bank. Therefore, there is no interest rate.
There is also no requirement of collateral, credit or personal guarantees.
For that reason we pride ourselves on getting you the cash you need as quickly and
painlessly as possible. Your cash can be sitting in the bank within 48 hours of
giving us the go ahead. What bank can do that?
To get started all you need to do is call us and fill out a one page application.
It's that easy!.